351 136Th AveDavie, FL 33325

Property Details for 351 136Th Ave

Year built

2008

Construction

CONCRETE

Lot size

1.30 AC

Property size (Sq ft)

24,215 SF

Zone code

B-2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

50-40-10-10-0020

APU

504010100020

Description

This exceptional single-tenant office building, located at 351 SW 136th Avenue, presents a unique investment opportunity. The property is zoned B-2 and boasts a substantial 20,155 square feet of space, all within a single suite (Unit 205). The building's layout is highly functional, featuring nine individual offices and a dedicated conference room, ideal for a variety of business needs. The 3,000 square foot unit is immediately available. A significant advantage is the ample on-site parking, a valuable asset for employees and clients alike. The property's special purpose designation and single-tenant occupancy offer streamlined management and predictable income streams. The property's APN is 504010100020. This is a rare opportunity to acquire a well-maintained, functional office building in a desirable location. The building's size and configuration make it suitable for a range of businesses seeking a self-contained and efficient workspace. The immediate availability allows for quick occupancy and a rapid return on investment. Serious inquiries are encouraged to explore this compelling opportunity further. The property is offered as-is.

• CAP approach

  CAP return

  Valuation

  6%

  $8,927,009

  6.5%

  $8,240,316

  7%

  $7,651,722

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,088,073

  Geo Method

  $11,088,073

• Alternative Use

  Use

  Valuation

  Residential

  $8,240,316

  Hospitality

  $7,548,085

  Educational

  $6,279,918

  Medical

  $6,495,894

  Retail

  $9,768,762

Location Insight

City

Davie

County

Broward

State

Florida

Latitude

26.1154

Longitude

-80.3308

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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