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Property profile & analytics
OFF-MARKET Estimated value $5,290,000
Distribution centers

11824 Miramar Pkwy 9 Miramar, FL 33025-5800

43,976 SF 1.01 ac lot Built 2004
Entity Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US18-0127499
Property summary
AI-generated overview

This exceptional 2,400 square foot single-tenant office space is ideally situated in the Flamingo Park of Commerce on Miramar Parkway. The property boasts ample parking, making it convenient for employees and clients. Currently available for immediate lease, this office space presents a fantastic opportunity. The existing ceiling height offers potential for conversion to higher ceilings, enhancing the space's versatility. The sublease includes common area maintenance (CAM) charges and water, along with building maintenance. The tenant is responsible for air conditioning costs, while high-speed internet is already installed. There is no mezzanine level in this single-suite building. The property is zoned PID and has an APN of 514025AB0050. This is a single-tenant occupancy building, offering a private and efficient workspace. The location provides easy access to major transportation routes, making it an attractive option for businesses seeking a strategic location in Miramar. This turnkey office space is ready for immediate occupancy, eliminating the need for extensive renovations or setup. Contact us today to schedule a viewing and secure this prime office space.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2004
Construction CONCRETE
Total area 43,976 SF
Lot 1.01 ac (43,981 SF)
Zoning code PID
APN 51-40-25-AB-0050
UPID US18-0127499
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.29M
Owner & transaction history
Flamingo Park Viii LLC · 17 yrs held
Flamingo Park Viii LLC
since 2009
7 recorded transactions
2024
Price N/A
2017
Price N/A
2009
Price N/A
2007
$4.5M
2007
$9.0M
2007
Price N/A
2005
Price N/A
Zoning & alternative use
PID · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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