8900 SW 107Th Ave Miami, FL 33176
- Office buildings
- 41,845 SF
- 2.02 lot acres
Current Use by Public Records
- Advance MRI / Medical Clinic
- Sentinel Data Cabling / Telecommunications Service / General Contractor
- Show Winners Corporation / Event Planning / Wedding Service
- Art Show Biz Miami / Marketing & Advertising / Event Planning
- Mediation and Consuting Services / Mediation Service / Service Establishment
Property Details for 8900 SW 107Th Ave
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 2.02 lot acres
- Property size
- 41,845 SF
- Zone code
- 6200:COMMERCIAL,ARTERIAL
- Property type
- Office buildings
- APN
- 30-5005-015-0010
- APU
- 3050050150010
Description
This exceptional 1,350 square foot office space presents a unique investment opportunity in a highly desirable Miami location. Situated at 8900 SW 107th Ave #306, this single-tenant property boasts convenient access to major transportation arteries, including the Florida Turnpike, 874, and 836 expressways, ensuring seamless commutes for employees and clients. The property is categorized as Special Purpose with a zoning designation of 6200, and its location directly across from Kendall Mall provides high visibility and easy access to a wide range of amenities. The building itself comprises a single suite, totaling 33,736 square feet, of which this 1,350 square foot unit is a part. The property's APN is 30-50-05-015-0010. This offering represents a compelling chance to acquire a well-situated office space in a thriving Miami commercial district. Its strategic location and convenient access to key transportation networks make it an attractive proposition for businesses seeking a prominent and easily accessible office presence. The property's single-tenant occupancy simplifies management and provides a stable income stream. This is a rare opportunity to secure a foothold in a dynamic and growing area of Miami. Further details regarding the property's specifics are available upon request.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $15,445,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $21,340,000
- 6.5%
- $19,700,000
- 7%
- $18,290,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $14,158,000
Market price range: $11.9M - $20.4M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $14,895,000 Current use
- AUTO REPAIR, GARAGE
- $27,360,000 Change: +84% Conversion: Difficult
- RETAIL STORES
- $23,940,000 Change: +61% Conversion: Moderate
- MEDICAL BUILDING
- $18,375,000 Change: +23% Conversion: Easy
- WAREHOUSE, STORAGE
- $12,440,000 Change: -16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.3664
- Latitude
- 25.6859
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
