150 70Th AvePlantation, FL 33317

  • Office properties
  • 14,845 SF
For Lease
$1.32/SF/YR View listing

Property Details for 150 70Th Ave

Year built
1976
Construction
CONCRETE
Lot size
0.75 AC
Property size (Sq ft)
14,845 SF
Zone code
B-2P
Property type
Office properties
Property subtype
Office buildings
APN
50-41-03-44-0010
APU
504103440010

Description

This exceptional 668 square foot special purpose commercial space, located at 150 NW 70th Ave #8 in Plantation, Florida (33317), presents a unique sublease opportunity. Currently configured as a wellness/spa, the unit features three private offices, a reception area, and two bathrooms (one ADA compliant). The property is part of a larger building with multiple medical tenants, offering a synergistic environment. The sublease term has approximately 1 year and 2 months remaining. The current monthly rent is $1633.39, plus a $125 electricity charge, increasing to $1715.05 in September. The building is zoned B-2P and features ample open parking. This conveniently located suite offers easy access to major expressways, making it an ideal location for a variety of businesses. The property's APN is 504103440010. The total building contains only one suite. This single-tenant space is perfect for a business seeking a move-in ready, well-appointed office in a thriving Plantation location. The property is classified as a Special Purpose building.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,413,468
    6.5%
    $4,073,971
    7%
    $3,782,973
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,385,510
    Geo Method
    $4,385,510
  • Alternative Use

    Use
    Valuation
    Residential
    $5,051,724
    Hospitality
    $4,627,352
    Educational
    $3,849,902
    Medical
    $3,982,306
    Retail
    $5,988,737
150 70Th Ave, Plantation, Florida

Location Insight

City
Plantation
County
Broward
State
Florida
Latitude
26.1228
Longitude
-80.2409
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$45,468
$261,200
$1,934,760
$2,195,960
-
$261,200
$1,934,760
$2,195,960

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