Midtown Miami Office Building
$3,350,000
3401 N. Miami Ave, Miami, FL 33127
5.79
Cap Rate
173,841
NOI
Details:
Highlights:
- 11 Enclosed Offices 2nd Floor
- 1st Floor Popular Co-Worker Lease Space Concept
- User Friendly Atmosphere For Clients
- Equipped With Handicap Stair Elevator
- 5,220 Sf Total Leasable Area
- Monthly Garage Parking $90.00 Unlimited
- 4 Office Condo Units Facing Ne 34th Street
- Solid CBS Construction
- View To The South On NE 34th Street
- Private Offices Are Fully Furnished
- Conference Room To Meet With Clients
- Kitchen Usage & Printing Area's Included
Description:
The subject property consists of four office/retail condominium units (also known as creative lofts) and converted into a single unit. The units are part of the North Block Condominium development, with a street address of 3401 North Miami Avenue, Units 230, 231, 232, 233, Miami, Miami Dade County, Florida. The total square footage used in the appraisal includes the second floor build-out for a total Sports Authority, Home Goods, Nordstrom Rack, West Elm, Ross Dress for Less, and many other national in-line tenants.I of approximately 5,220 square feet.
The measurements are based on plans provided by Ms. Fabiana Trevino and prepared by Rafael R. Eguillor With Architecture & Consulting Inc. However, the Miami Dade County Property Appraiser and the North Block Condominium Documents show that each unit (units # 230, 231, 232, 233) is approximately 693 square feet (33 X 21), or a total of 2,772 square feet.
The county includes an additional 10% for common areas. These measurements do not include the second floor (mezzanine) office build-out.North Block Condominium is comprised of 42 condominium units with a median unit size of 693 square foot. North Block Condo is part of an overall larger development known as the Shops of Midtown. The Shoppes of Midtown is a power center anchored by Target, Marshalls.
Documents:
Title | ||
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OPTIMAR OM FOR SALE ONLY OFFICE MIDTOWN MIAMI LW 05 2018 .pdf
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Location

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