151 15Th Rd Miami, FL 33129
- Retail space
- 981 SF
Current Use by Public Records
- Brickell East Condo Association Inc / Condominium Complex
- Agile Courts Construction Company / Lighting Store / Tennis Court Construction Company
- MB Notary Services, LLC / Notary Public
- Morillo-Burgos Gaston MD / Doctor
- Omnia Machinery USA / Construction Machine Dealer
Property Details for 151 15Th Rd
- Year built
- 1983
- Property size
- 981 SF
- Zone code
- 6407:HIGH DENS MIX USE
- Property type
- Retail space
- APN
- 01-4139-044-0010
- APU
- 141390440010
Description
This exceptional 1,353 square foot executive office suite, located at 151 SE 15th Road, Suite C-1 in Miami, Florida, presents a unique owner/user investment opportunity. Situated in the desirable Brickell area, this Class B property boasts a private entrance and lobby, creating a professional and welcoming atmosphere. The meticulously renovated space (2014), within a 1983-built single-story building, features abundant natural light from numerous windows. The fully furnished interior includes two private offices, a well-appointed kitchenette, and a private bathroom, ensuring optimal functionality. High-end finishes such as wood trim and custom-built furniture complement the upscale amenities, including networking capabilities, TVs, and server racks. Climate control is maximized with a self-controlled HVAC system and a separate climate-controlled server room. Six assigned parking spaces are included in a gated area, with one space equipped for electric vehicle charging. Additional benefits include access to ample city street parking, on-site private security, and a concierge service. Building amenities further enhance the property's value, providing access to a swimming pool, fitness center, and barbecue area. The property is zoned 6407 - High Density Mix Use, and is conveniently located near Brickell Avenue and 15th Street. This turnkey solution offers immediate occupancy and a strong return on investment. The asking price is $1,250,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $480,000
- 6.5%
- $480,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $465,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $495,000
- Mixed-Use
- $510,000
- Hospitality
- $480,000
- Educational
- $405,000
- Residential Income
- $440,000
- Energy
- $450,000
- Income-Based Land
- $435,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1919
- Latitude
- 25.7579
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA