5600 7Th AveMiami, FL 33127

Property Details for 5600 7Th Ave

Year built

1945

Construction

CONCRETE

Lot size

0.28 AC

Property size (Sq ft)

8,490 SF

Zone code

6101

Property type

Office properties

Property subtype

Office buildings

APN

01-3114-000-0361

APU

131140000361

Description

This exceptional 8,200-square-foot single-tenant industrial property, located at 5600 NW 7th Avenue in Miami, Florida (zip code 33127), presents a unique opportunity. Classified as both industrial and retail, this flex/warehouse space is ideal for a variety of uses. The property boasts a convenient location within Miami's vibrant art district, offering excellent visibility and exposure. The building features ample parking with 12 spaces available for tenants and their clients. Zoned 6101, this property is situated on APN 01-31-14-000-0361. All taxes and expenses are included in the rental rate, simplifying budgeting and management. The property is part of the ARTHOOD56 Art Complex, providing access to art shows and community events. While sizes and prices vary, this listing represents a single building with a single suite. This is a rare chance to secure a well-located, all-inclusive industrial space in a thriving artistic community. The property's flexibility makes it suitable for a range of businesses seeking a creative and convenient Miami location. Inquire today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,508,166

  6.5%

  $5,084,460

  7%

  $4,721,284

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,250,482

  Geo Method

  $3,250,482

• Alternative Use

  Use

  Valuation

  Residential

  $6,304,730

  Hospitality

  $5,775,100

  Educational

  $4,804,815

  Medical

  $4,970,060

  Retail

  $7,474,156

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8274

Longitude

-80.2086

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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