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Property profile & analytics
OFF-MARKET Estimated value $21,960,000
Community centers

1700 68th St Hialeah, FL 33014-4437

69,423 SF 5.03 ac lot Built 1982
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US18-3514096
Property summary
AI-generated overview

This exceptional sublease opportunity presents a fully furnished private office suite ideally situated within a bustling Hialeah shopping center. Located at 1700 W 68th St #B, Hialeah, FL 33014, this space is perfect for a single-tenant professional business. The office boasts an executive desk and three chairs, providing immediate functionality. All utilities and high-speed Wi-Fi are included, eliminating the hassle of setting up essential services. Shared amenities contribute to a convenient and professional work environment, including access to a well-equipped conference room, a fully functional kitchen, and a clean bathroom. Ample parking is readily available for clients and employees. Recently remodeled, this office is move-in ready and presents a modern, professional aesthetic. The zoning designation is 6600. The property's APN is 04-20-35-084-0010. This space is particularly well-suited for businesses such as insurance agencies, accounting firms, tax preparation services, or any other professional practice seeking a convenient and established location in a high-traffic area. The suite is located within a larger real estate office, offering potential for synergistic business relationships.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1982
Construction CONCRETE
Total area 69,423 SF
Lot 5.03 ac (219,239 SF)
Zoning code 6600:COMMERCIAL,LIBERAL
APN 04-2035-084-0010
UPID US18-3514096
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
Current use
Occupant on record · Public records
  • University Health Care - Hialeah Medical Clinic
  • Lorelei Perez-Freiria Physician
  • Dr. Antonio M. Gordon Jr Physician
  • Dr. Lesner Martinez Morales Dental Office
  • Christian Milanes Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$21.46M
Comparable Approach Comparable
$19.38M
Blend (final) Blend
$21.96M
Owner & transaction history
Regions Bank · 3 yrs held
Regions Bank
since 2022
Last sale
$23.5M
6 recorded transactions
2024
Price N/A
2022
Price N/A
2022
$23.5M
2018
Price N/A
2002
Price N/A
2000
$6.1M
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $30.5M +53.0%
Auto repair, garage $25.1M +26.2%
Office building $21.5M +7.7%
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