2020 150Th AvePembroke Pines, FL 33028

Property Details for 2020 150Th Ave

Year built

2003

Construction

CONCRETE

Lot size

4.58 AC

Property size (Sq ft)

58,676 SF

Zone code

(PUD)

Property type

Office properties

Property subtype

Office buildings

APN

51-40-09-20-0016

APU

514009200016

Description

This exceptional Class B office building, constructed in 2003, offers 60,000 square feet of premium executive office space in Pembroke Pines, Florida. Located at 2020 NW 150th Ave, 33028, this single, three-story building sits on a 4.57-acre lot (199,069 sq ft) and boasts convenient access to I-75 and Sheridan Street. The property features a total of 370 parking spaces for tenant and visitor convenience. Multiple suites are available, with a minimum divisible space of 2,616 square feet and a maximum contiguous space of 7,890 square feet

• CAP approach

  CAP return

  Valuation

  6%

  $18,904,500

  6.5%

  $17,450,308

  7%

  $16,203,857

• Comparable approach

  Method

  Valuation

  Relative Method

  $25,164,962

  Geo Method

  $25,164,962

• Alternative Use

  Use

  Valuation

  Residential

  $21,638,380

  Hospitality

  $19,820,640

  Educational

  $16,490,540

  Medical

  $17,057,676

  Retail

  $25,651,952

Location Insight

City

Pembroke Pines

County

Broward

State

Florida

Latitude

26.0274

Longitude

-80.3484

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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