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    8501 124Th Ave Miami, FL 33183

    For Sale
    $1,700,000

    Class A Office Condo, Prime Kendall Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class A office condo, located at 8501 SW 124th Ave #201 in Miami, Florida, presents a rare opportunity for discerning businesses. Situated within the prestigious Professional Arts Center at Kendall Village, this 2,535 square foot space (2,209 square feet of office space) boasts an elegant design and prime location. Built in 2007, the property is impeccably maintained and offers a covered entrance, perfect for professional practices such as medical or legal offices. The interior features a welcoming client reception area, three private offices, one large executive office, a spacious conference room, a large common work area, a lunch room, dedicated telecommunications and IT room, and ample storage. The building itself provides abundant parking and convenient access to major roadways, including the Turnpike and Palmetto Expressways. A porte-cochère ensures effortless client arrival and departure. The building's spectacular lobby adds to the overall professional and sophisticated atmosphere. This turnkey office space is priced at $1,700,000 and is ideally suited for businesses seeking a high-quality, well-appointed space in a thriving Miami location. The property is in Miami-Dade County, zip code 33183.

    Property Features for 8501 124Th Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2007

    HighLights

    • $1,700,000 asking price.
    • 2,535 SF Class A office condo (2,209 SF usable office space), built in 2007.
    • Located in Miami, FL, at 8501 SW 124th Ave #201, in the Professional Arts Center at Kendall Village.
    • Ideal for medical or professional businesses; features reception area, multiple private offices, conference room, common work area, and ample storage.
    • Prime Kendall location with easy access to major highways, ample parking, and a porte‑cochère.
    Property Profile Location Intelligence

    Current Use by Public Records

    Primary Residential Mortgage, ... Mortgage Lender MIAMI Wellness Kendall Private Hospital Florida Bariatrics and Wellness ... Hospital Bliss Dental Miami Dentist Bliss Dental Cosmetic Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3909598
    Latitude
    25.6888868

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Condo, Prime Kendall Location
    Where is this office property / space located?
    The property is located at 8501 124Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: $1,700,000 asking price.; 2,535 SF Class A office condo (2,209 SF usable office space), built in 2007.; Located in Miami, FL, at 8501 SW 124th Ave #201, in the Professional Arts Center at Kendall Village.
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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
    8501 124Th Ave Miami, FL 33183
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