5881 NW 151St St, Unit 217 Miami Lakes, FL 33014
Property Lookup
Property profile & analytics
5881 NW 151St St, Unit 217 Miami Lakes, FL 33014
- Office buildings
- 35,094 SF
- 2.69 lot acres
Property ID
US18-3525544
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by 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
Property Details for 5881 NW 151St St
- Year built
- 1974
- Construction
- CONCRETE
- Lot size
- 2.69 lot acres
- Property size
- 35,094 SF
- Zone code
- 7700:INDUSTRIAL,RESTRICT
- Property type
- Office buildings
- APN
- 32-2024-015-0230
- APU
- 3220240150230
Description
This exceptional office property, Corporate Courts at Miami Lake, offers a variety of flexible spaces for lease in the desirable Miami Lakes submarket. Located at 5881 NW 151st St #217, Miami Lakes, FL 33014, this Class C building boasts 62,000 square feet across two two-story buildings, constructed in 1990 and renovated in 2000. The property features ample parking with 200 spaces and is conveniently situated near Miami Lakes Dr and NW 57th Ave, providing easy access to major roadways including I-75, I-95, Gratigny Parkway, and the Palmetto Expressway. Units range from a minimum of 300 square feet to a maximum contiguous space of 2,000 square feet, accommodating diverse business needs. The property offers a quiet neighborhood setting with a separate entrance, 24-hour access, on-site management, and a maintenance team. Building amenities include elevators and convenient nearby bathrooms. Several available units feature open layouts with private spaces, laminate flooring, and abundant natural light. The property is zoned 7700 and its APN is 32-20-24-015-0230. A modified gross lease is available. The location benefits from proximity to numerous shopping options and enjoys excellent demographics, also situated on a bus route.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,045,000
- 6.5%
- $11,120,000
- 7%
- $10,325,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,658,000
- AI Estimate
- $5,652,000
Market price range: $6.02M - $15.0MMarket price range: $1.49M - $12.0M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $10,845,000 Current use
- AUTO REPAIR, GARAGE
- $12,705,000 Change: +17% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $10,075,000 Change: -7% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $9,840,000 Change: -9% Conversion: Easy
- RETAIL STORES
- $9,525,000 Change: -12% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami Lakes
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2968
- Latitude
- 25.9113
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$92,602
$2,690,264
$2,969,736
$5,660,000
-
$2,690,264
$2,969,736
$5,660,000
