Property summary
This exceptional 1,375-square-foot free-standing office building presents a unique investment opportunity in Miami, Florida. Located at 11975 W Dixie Hwy, just north of Barry University, this Class C property sits on a 2,500-square-foot lot and boasts six parking spaces. Built in 1953, the building has undergone a 40-year Miami-Dade County recertification, ensuring its structural integrity. Currently vacant, this traditional office space offers flexibility for a single user or multiple tenants. The interior features five offices and a private kitchen area. The property is zoned BU-1 and is offered at an asking price of $400,000, translating to $290.91 per square foot. This is a rare chance to acquire a well-maintained, conveniently located office building in a thriving Miami neighborhood. The property's location provides easy access to major transportation routes and local amenities. The building's layout is adaptable to various business needs, making it an attractive option for a wide range of potential occupants. With its ample parking and convenient location, this property is poised for immediate occupancy and strong return on investment. The APN is 30-22-31-037-0430. There is no ground lease associated with this property.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising Photography Service
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General Contractor Construction Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FLZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 6400:COMMERCIAL,CENTRAL in Miami, FL.
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