7021 13Th TerMiami, FL 33144
- Industrial properties
- 3,301 SF
Property Details for 7021 13Th Ter
- Year built
- 1971
- Construction
- CONCRETE
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 3,301 SF
- Zone code
- 7100:INDUSTRIAL,LIGHT MFG
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 30-4011-008-1041
- APU
- 3040110081041
Description
This exceptional Miami-Dade County investment property, encompassing two folios (7021 & 7027 SW 13th Ter.), offers a unique blend of warehouse and office space. The 4,860 square foot building features a 1,700 square foot warehouse with an 18-foot clear ceiling height, a 1,580 square foot second-floor office area with five air-conditioned offices, and 1,580 square feet of first-floor storage, all boasting 8-foot clear ceiling heights. The property also includes a substantial 4,279 square foot paved lot, providing ample parking for up to 17 vehicles (14 spaces confirmed, with potential for more). Recent upgrades include a new roof (January 2024) with a 10-year warranty and a fresh paint job in 2021. A septic tank was installed in 2008, and a 40-year recertification was approved in 2021. The total net rentable area is 9,139 square feet. The asking price is $2,050,000 ($297/sq ft), with a land value of $140/sq ft. The property is zoned for light manufacturing and food processing (7100). The building was constructed in 1971 and renovated in 1994. It features one building with two stories and one loading dock. Seller financing is available (70%). The property is currently owner-occupied, with a business in place. The owner is in the process of legalizing the existing 1,580 square foot second-floor office space. This rare combination of warehouse, office, and extensive parking makes this a highly desirable investment opportunity in a competitive Miami market.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,071,263
- Hospitality
- $981,271
- Educational
- $816,406
- Medical
- $844,484
- Retail
- $1,269,965
Location Insight
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.7581
- Longitude
- -80.309
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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