9703 Dixie Hwy Pinecrest, FL 33156-8114
- Office buildings
- 9,192 SF
- 0.33 lot acres
Current Use by Public Records
- Stacy Laden, LMT / Massage Therapist
- Hochman & Goldin, P.A. / Law Firm
- Homecoin International Realty / Real Estate Agency
- Tobolowsky David MD / Psychiatrist
- International Defense Organization / Firearms Academy
Property Details for 9703 Dixie Hwy
- Year built
- 1959
- Construction
- CONCRETE
- Lot size
- 0.33 lot acres
- Property size
- 9,192 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Office buildings
- APN
- 20-5002-039-0080
- APU
- 2050020390080
Description
This exceptional 9,192 square foot office building, located at 9703 S Dixie Highway in Pinecrest, Florida, presents a rare investment opportunity. Priced at $2,995,000 ($325.83/sq ft), the property boasts a well-maintained structure and ample free parking. Situated on a 14,465 square foot lot, it's zoned BU-1, reflecting restricted commercial development within the Village of Pinecrest. The building's strategic location offers high visibility and exposure, making it ideal for a variety of businesses. Its prime position provides immediate access to major transportation arteries, including South Dixie Highway and SR-826, ensuring convenient commutes for employees and clients. Furthermore, its proximity to Metrorail, shopping centers, and restaurants adds significant value and convenience. This property represents a unique chance to acquire a high-quality office space in a desirable and thriving South Florida community. The building's excellent condition and advantageous location combine to create a compelling investment prospect. The zoning restrictions contribute to the exclusivity and desirability of the area, ensuring a stable and prestigious business environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,115,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,070,000
- 6.5%
- $1,925,000
- 7%
- $2,120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,380,000
- Geo Method
- $2,225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,385,000
- Retail
- $2,365,000
- Mixed-Use
- $2,270,000
- Hospitality
- $2,385,000
- Educational
- $2,055,000
- Residential Income
- $2,190,000
- Energy
- $2,205,000
- Income-Based Land
- $2,115,000
- Food Service
- $2,400,000
Location Insight
- Map
- Local Demand
- City
- Pinecrest
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.3153
- Latitude
- 25.6803
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
