645 125Th Ter, North Miami, FL 33161
- Outlet malls
- 5,726 SF
- 0.12 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 645 125Th Ter
- Year built
- 1924
- Construction
- CONCRETE
- Lot size
- 0.12 lot acres
- Zone code
- 6000:COMMERCIAL,GENERAL
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 06-2230-007-0740
- APU
- 622300070740
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 9, 2021 | $1,300,000 | Partners Of 645 LLC | 645 LLC | Warranty Deed | $845k · Intercredit Bank NA |
| May 12, 2016 | — | 645 LLC | — | Deed · related | $200k · Wells Fargo Bk |
| Apr 5, 2006 | — | 645 LLC | Alonso,jeanette | Quit Claim Deed · related | — |
| Jun 2, 2004 | $337,500 | Jeanette Alonso | Zane,william E | Grant Deed | $315k · Bac Florida Bank |
| — | — | 645 LLC | — | Deed Of Trust · related | $200k · Wells Fargo Bk |
Description
This 4,329 square foot single-tenant office building is located at 645 NE 125th St, North Miami, FL 33161. The property features a sleek and contemporary facade with large windows that provide abundant natural light. Floor-to-ceiling windows create a bright and open atmosphere. Its strategic location offers easy access and convenient proximity to local amenities. The building is zoned 6000 and has a single suite, making it ideal for a variety of professional needs. The flexible layout allows for customization to suit specific business requirements. The property's inviting street presence enhances its visibility and accessibility. The APN is 06-22-30-007-0740. This is a fantastic opportunity to acquire a well-designed and conveniently located office building in a thriving North Miami neighborhood. The property's modern aesthetic and functional design make it an attractive option for businesses seeking a high-quality workspace. Its single-tenant occupancy simplifies management and provides a stable income stream. The property's prime location ensures easy access to transportation routes and local amenities, enhancing its overall appeal and value. This is a rare opportunity to own a well-maintained and strategically positioned office building in a desirable area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,455,000
- ML approach
- $1,490,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,473,000
Market price range: $1.08M - $2.11M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,495,000 Current use
- OFFICE BUILDING
- $1,865,000 Change: +25% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,700,000 Change: +14% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,625,000 Change: +9% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- North Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1853
- Latitude
- 25.8906
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
