3800 Miami CtMiami, FL 33137

Property Details for 3800 Miami Ct

Year built

2011

Construction

CONCRETE

Lot size

0.31 AC

Property size (Sq ft)

23,645 SF

Zone code

6110:COMM/RES-DESIGN DIST

Property type

Retail properties

Property subtype

Outlet malls

APN

01-3124-026-0230

APU

131240260230

Description

This exceptional retail showroom property, located at 3800 NE Miami Court in Miami's Design District (33137), offers 20,254 square feet of prime commercial space. Built in 2011, the building features four suites, with a minimum divisible space of 1,229 square feet and a maximum contiguous space of 8,423 square feet. The property sits on a 13,636 square foot lot, providing ample space and visibility. Its convenient location at the intersection of NE Miami Court and NE 38th Street ensures high traffic and excellent exposure within the vibrant Design District submarket. The property is ideal for businesses seeking a stylish and functional showroom space in a highly sought-after location. Multiple tenancy options are available to accommodate various business needs and sizes. This is a rare opportunity to secure a prominent presence in one of Miami's most dynamic and fashionable neighborhoods. The property's modern design and prime location make it an attractive option for a wide range of retail and showroom businesses. Interested parties should inquire for further details and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $22,550,488

  6.5%

  $20,815,834

  7%

  $19,328,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,812,866

  Geo Method

  $22,812,866

• Alternative Use

  Use

  Valuation

  Residential

  $17,558,936

  Hospitality

  $16,083,890

  Educational

  $13,381,608

  Medical

  $13,841,822

  Retail

  $20,815,834

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.812

Longitude

-80.1949

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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