Property profile

5959 Waterford District Dr Miami, FL 33126

OFF-MARKET
Office Spaces
67,017 SF 2.59 ac lot Built 1985
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Property summary

AI-generated overview

This exceptional Class A office building, located at 5959 Waterford District Dr in Miami, Florida, offers a unique opportunity for businesses seeking premium space in the Miami Airport submarket. The 67,017 square foot building, constructed in 1985 and extensively renovated in 2020, boasts a striking architectural design and impressive views of surrounding lakes and the Miami International Airport. Multiple tenancy options are available, ranging from a minimum of 1,041 square feet to a maximum contiguous space of 7,704 square feet, with a total of 8,745 square feet currently vacant. The building features 10-foot ceilings, three elevators, and ample parking with 214 spaces, including covered reserved options. On-site security, property management, and ownership ensure a seamless and secure environment. Its convenient location provides fantastic freeway access via the 826, 836, and Turnpike, placing it minutes from Brickell and Downtown Miami. The building sits on 2.59 acres of land and is zoned 7300. The listed rental rate is inclusive of all operating expenses, excluding applicable sales tax (currently 5.5%). This property presents a rare combination of modern amenities, prime location, and competitive pricing within the highly sought-after Miami Airport submarket. The Miami-Dade County property (APN: 30-30-51-051-0020) offers a blend of executive, traditional, and creative office spaces.

Property profile

Verified
Property type Office Spaces
Year built 1985
Total area 67,017 SF
Lot 2.59 ac (112,820 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5959 Waterford District Dr Miami, FL 33126
Miami metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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