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    7090 59 Pl South Miami, FL 33143

    For Lease
    $0.02 SF/Yr

    33,000 SF Single-Tenant Office

    Lot size:
    33,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional single-tenant office building, located at 7090 SW 59th Place in South Miami, Florida, offers a substantial 33,000 square feet of space. The property, identified by APN 09-40-25-025-0010 and zoned 6801, is currently undergoing redevelopment by Alta Development. The building is situated on one parcel, representing a significant opportunity for a single tenant seeking a large, well-located office space. Its prime South Miami location, with the address 7090 SW 59th Pl, zip code 33143, and coordinates 25.7054405 latitude and -80.2906441 longitude, provides excellent accessibility and visibility. The property's single-tenant occupancy simplifies management and provides a cohesive work environment. This is a unique opportunity to secure a substantial office space in a desirable South Miami location, currently undergoing redevelopment to enhance its appeal and functionality. Further details regarding the redevelopment plans are available upon request. The property is ideal for a business seeking a significant and prominent presence in the South Miami market. This is a single-suite building, offering a cohesive and efficient workspace.

    Property Features for 7090 59 Pl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,000 SF

    Unit(s) available at that property

    Space
    Size
    33,000 SF
    Rate per SF
    $0.02
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fast Care Mechanics Mechanic AAA Sliding Glass ... Glass Repair Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2906441
    Latitude
    25.7054405

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    FAQs

    What type of property is this?
    Office Property / Space - 33,000 SF Single-Tenant Office
    Where is this office property / space located?
    The property is located at 7090 59 Pl South Miami, FL.
    What is the lease rate?
    The lease rate is $0.02 SF/Yr.
    Request Owner's contact information
    7090 59 Pl South Miami, FL 33143
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    7090 59 Pl
    South Miami, FL 33143
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7090 59 Pl South Miami, FL 33143
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