8345 Biscayne BlvdMiami, FL 33138

Property Details for 8345 Biscayne Blvd

Year built

1955

Construction

CONCRETE

Lot size

0.57 AC

Property size (Sq ft)

13,654 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Office properties

Property subtype

Office buildings

APN

01-3207-003-1340

APU

132070031340

Description

This exceptional 1,500 square foot office space presents a unique opportunity for businesses seeking a high-visibility location on Biscayne Boulevard. The property is categorized as retail, office, and special purpose, offering versatile usage options. Currently, one space is available within a multi-tenant building. Its strategic location next to a major Social Security Office ensures a consistently high volume of foot traffic, providing excellent exposure for your business. The building itself boasts excellent signage opportunities, maximizing your brand's visibility to this substantial pedestrian flow. The property's classification as Traditional Office, Executive Office, and Creative Office suggests adaptability to a variety of business needs and styles. The building's diverse functionality makes it suitable for a range of commercial enterprises. This prime location on Biscayne Boulevard offers unparalleled access and visibility, making it an ideal choice for businesses seeking to establish a strong presence in a high-traffic area. The 1,500 square feet provides ample space for a variety of configurations, allowing for customization to suit your specific operational requirements. Don't miss this chance to secure a prominent location in a bustling commercial district. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $8,858,479

  6.5%

  $8,177,058

  7%

  $7,592,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,227,570

  Geo Method

  $5,227,570

• Alternative Use

  Use

  Valuation

  Residential

  $10,139,552

  Hospitality

  $9,287,775

  Educational

  $7,727,320

  Medical

  $7,993,074

  Retail

  $12,020,275

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.852

Longitude

-80.1844

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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