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Property profile & analytics
OFF-MARKET Estimated value $4,235,000
Distribution centers

11902 Miramar Pkwy 8 Miramar, FL 33025-7005

34,890 SF 0.8 ac lot Built 2006
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US19-0509648
Property summary
AI-generated overview

This exceptional 2,920 square foot office suite is ideally located at 11902 Miramar Parkway, offering unparalleled convenience with its corner unit position directly off Miramar Parkway and Flamingo Road. The property boasts a single-tenant occupancy within a two-story building (Building 11902), providing a private and secure environment for your business. The suite itself includes a welcoming lobby area, two private offices, a restroom, and a dedicated conference room, offering ample space for meetings and collaboration. The flexible layout is perfect for a variety of uses, including a church, school, or business center. The zoning is PID, and the APN is 514025AB0040. This is a single-suite building with a total of one suite. Lease terms are flexible, with options available for one year or longer. The property's strategic location and versatile design make it an attractive opportunity for businesses seeking a well-appointed and easily accessible workspace. Schedule a viewing today to experience the potential of this remarkable office space. This is a fantastic opportunity to secure a prominent location for your business.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2006
Construction CONCRETE
Total area 34,890 SF
Lot 0.8 ac (34,885 SF)
Zoning code PID
APN 51-40-25-AB-0040
UPID US19-0509648
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
$4.24M
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
2013
Price N/A
2009
Price N/A
2007
$4.5M
2007
$9.0M
2007
Price N/A
Zoning & alternative use
PID · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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