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Property profile & analytics
OFF-MARKET Estimated value $3,920,000
Office buildings

17225 Dixie Hwy Palmetto Bay, FL 33157-4345

20,276 SF 0.28 ac lot Built 2010
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US18-6083926
Property summary
AI-generated overview

This exceptional, move-in ready office space, totaling 2,176 square feet, is located at 17225 S Dixie Hwy #200 in Palmetto Bay, Florida, 33157. The property is a single-tenant occupancy within a two-story building, offering a unique blend of modern design and functionality. Situated on the second floor, this unit boasts 200 feet of prominent US-1 frontage, ensuring high visibility and accessibility. The open-ceiling design features soaring heights, polished concrete floors, and floor-to-ceiling impact windows, creating a bright and airy atmosphere with breathtaking views. The thoughtfully designed layout includes a modern kitchen and dining area, a welcoming reception area, private offices, and a fully equipped conference room, all designed to optimize efficiency and professionalism. The zoning designation is 6800, and the APN is 33-50-33-000-0490. This is the only available unit in the building, making it a rare opportunity for businesses seeking a sophisticated and functional workspace in a prime Palmetto Bay location. The property consists of one building with one suite and is classified as both office and retail space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2010
Construction CONCRETE
Total area 20,276 SF
Lot 0.28 ac (12,210 SF)
Zoning code 6800:COMM,PROFESS OFFICES
APN 33-5033-000-0490
UPID US18-6083926
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.67M
Blend (final) Blend
$3.92M
Owner & transaction history
Oil Change USA Properties INC · 20 yrs held
Oil Change USA Properties INC
since 2005
5 recorded transactions
2019
Price N/A
2005
Price N/A
2005
$725,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
6800:COMM,PROFESS OFFICES · Palmetto Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $6.0M +8.4%
Neighborhood: shopping center $5.8M +3.6%
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