8700 Flagler St Miami, FL 33174-2401
For Sale
1 / 6
Property summary
This exceptional Fontainebleau office space, totaling 6,298 square feet, is immediately available for lease. Located on the ground floor of a four-story, 125,313-square-foot Class B office building at 8700 West Flagler Street (cross street: 87th Avenue), this property offers unparalleled convenience and accessibility. Previously occupied by a bank, the space boasts up to six drive-through lanes, some of which could be repurposed into reserved parking to accommodate the 513 total parking spaces available on the property. The building, constructed in 1981 and renovated in 2014, features a 10-foot ceiling height and is divisible to a minimum of 2,000 square feet, providing flexibility for various business needs. The property sits on four acres of land in Miami-Dade County, zoned 6400 Commercial (APN: 30-4004-071-0010), and benefits from FPL power and elevator access. The building comprises three suites in total. Property taxes are $2.55 per square foot. This is a rare opportunity to secure a highly visible and adaptable office space in a thriving submarket. The building's Building Floor Area Ratio (FAR) is 1.2. The landlord is willing to subdivide the space to meet specific tenant requirements. This presents a unique chance to establish a presence in a well-established commercial area.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Corporate Office
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(Bike/Boat/Book/etc) Store Corporate Office
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Medical Clinic
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Freight Service Logistics Company
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Insurance Agency
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Miami market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6400:COMMERCIAL,CENTRAL in Miami, FL.
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Find the owner behind the property.
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