9850 24Th St Miami, FL 33165
- Office buildings
- 5,044 SF
- 3.27 lot acres
Current Use by Public Records
- Ministerio Jesus Es Poder / Church / Ministry Of Education
- Fusion Cuba & Peru / Food Court
- Messiah Lutheran Church / Lutheran Church
- SantasGarden/Champion Fireworks / Fireworks Store / Christmas Tree Farm
- Misión Sagrado Corazón / Church
Property Details for 9850 24Th St
- Year built
- 1961
- Construction
- CONCRETE
- Lot size
- 3.27 lot acres
- Property size
- 5,044 SF
- Zone code
- 2800:TOWNHOUSE
- Property type
- Office buildings
- APN
- 30-4017-005-0120
- APU
- 3040170050120
Description
This exceptional 5,000 square foot turnkey church property presents a unique investment opportunity. Located in a highly accessible and central area, the property boasts ample parking, easily accommodating large gatherings. The building itself is beautifully maintained and ready for immediate use. The expansive sanctuary features high ceilings and comfortable seating, creating a welcoming and spacious environment. The property is zoned 2800, and its APN is 30-40-17-005-0120. This single-tenant property is classified as Special Purpose and offers a significant advantage for buyers seeking a ready-to-use facility. The property's central location and ample parking make it ideal for a variety of uses beyond its current configuration. Its excellent condition minimizes the need for immediate capital expenditures, allowing for a swift return on investment. This is a rare opportunity to acquire a well-maintained, spacious, and conveniently located property suitable for a range of potential uses. The property's size and features make it an attractive option for various religious organizations or community groups. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,175,000
- 6.5%
- $2,265,000
- 7%
- $2,125,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,175,000
- Geo Method
- $2,210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,610,000
- Retail
- $2,235,000
- Mixed-Use
- $2,665,000
- Hospitality
- $2,625,000
- Educational
- $2,315,000
- Residential Income
- $2,080,000
- Energy
- $2,285,000
- Income-Based Land
- $2,520,000
- Food Service
- $2,030,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.3548
- Latitude
- 25.7462
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA