800 54Th StMiami, FL 33127

Property Details for 800 54Th St

Year built

1949

Construction

CONCRETE

Lot size

0.21 AC

Property size (Sq ft)

1,850 SF

Zone code

6101

Property type

Office properties

Property subtype

Office buildings

APN

01-3123-029-0010

APU

131230290010

Description

This exceptional 1,729-square-foot single-tenant office space, located at 800 NW 54th St, Miami, FL 33127, is situated in the vibrant WOW District, just west of Wynwood. The property, built in 1949 and completely renovated in 2023, offers a relaxing and easily accessible environment, ideal for a variety of businesses. The building features one story, eleven parking spaces, and sits on a 9,000-square-foot lot. Its C-1 zoning allows for flexible use as office, retail, studio, or showroom space. This prime location is approximately two miles from Midtown and Wynwood's heart, close to the MIMO district and Lemon City, experiencing a northward expansion of Wynwood artists. The property boasts convenient access to I-95 and is near the intersection of 54th Street and 7th Avenue. The space is move-in ready and perfectly suited for professionals such as attorneys, architects, interior designers, or writers. This is a rare opportunity to secure a beautifully renovated space in a rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,200,248

  6.5%

  $1,107,921

  7%

  $1,028,784

• Comparable approach

  Method

  Valuation

  Relative Method

  $708,291

  Geo Method

  $708,291

• Alternative Use

  Use

  Valuation

  Residential

  $1,373,822

  Hospitality

  $1,258,414

  Educational

  $1,046,986

  Medical

  $1,082,993

  Retail

  $1,628,644

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8246

Longitude

-80.2105

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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