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MediaPro 7331 74th St 64,241 SF 4-Star Office Building Miami, FL 33166 $12,500,000 ($194.58/SF)
INVESTMENT HIGHLIGHTS
- Educational Hubs: Directly permitted for Commuter Colleges/Universities and Technical Trade Schools (e.g., aviation, electronics, mechanics, physical.
- Logistics & Distribution: Well-suited for E-commerce Fulfillment Centers/Last-Mile Logistics due to warehouse and distribution allowances.
- Recreational & Retail: Suitable for various Recreational Facilities (e.g., training schools) and Retail/Showroom with Back-of-House Storage.
- High-Tech Industrial: Ideal for Advanced Manufacturing/Prototyping Labs and Telecommunication Hubs (including data centers), leveraging robust power.
- Creative & Experiential Venues: Excellent for Experiential Entertainment/Event Venues and Creative Hubs/Shared Workspaces.
EXECUTIVE SUMMARY
Prime opportunity to acquire a 100% fee simple interest in a well-maintained flex building totaling approximately 64,241 rentable square feet, situated on a valuable 1.9-acre parcel in the heart of Medley.
Ideal for owner/user.
Potential Uses (Leveraging M-1 Zoning & Existing Infrastructure)
Educational Hubs: Directly permitted for Commuter Colleges/Universities and Technical Trade Schools (e.g., aviation, electronics, mechanics, physical training).
High-Tech Industrial: Ideal for Advanced Manufacturing/Prototyping Labs and Telecommunication Hubs (including data centers), leveraging robust power and open layouts.
Logistics & Distribution: Well-suited for E-commerce Fulfillment Centers/Last-Mile Logistics due to warehouse and distribution allowances.
Creative & Experiential Venues: Excellent for Experiential Entertainment/Event Venues and Creative Hubs/Shared Workspaces.
Recreational & Retail: Suitable for various Recreational Facilities (e.g., training schools) and Retail/Showroom with Back-of-House Storage.
Ideal for owner/user.
Potential Uses (Leveraging M-1 Zoning & Existing Infrastructure)
Educational Hubs: Directly permitted for Commuter Colleges/Universities and Technical Trade Schools (e.g., aviation, electronics, mechanics, physical training).
High-Tech Industrial: Ideal for Advanced Manufacturing/Prototyping Labs and Telecommunication Hubs (including data centers), leveraging robust power and open layouts.
Logistics & Distribution: Well-suited for E-commerce Fulfillment Centers/Last-Mile Logistics due to warehouse and distribution allowances.
Creative & Experiential Venues: Excellent for Experiential Entertainment/Event Venues and Creative Hubs/Shared Workspaces.
Recreational & Retail: Suitable for various Recreational Facilities (e.g., training schools) and Retail/Showroom with Back-of-House Storage.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
64,241 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2015
Price
$12,500,000
Price Per SF
$194.58
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
21,414 SF
Slab To Slab
12’
Building FAR
0.78
Lot Size
1.88 AC
Opportunity Zone
Yes
Zoning
M-1 - Light Industrial
AMENITIES
- Atrium
- Signage
- Reception
PROPERTY TAXES
| Parcel Number | 22-3011-002-0660 | Improvements Assessment | $10,880,350 |
| Land Assessment | $4,094,650 | Total Assessment | $14,975,000 |
PROPERTY TAXES
Parcel Number
22-3011-002-0660
Land Assessment
$4,094,650
Improvements Assessment
$10,880,350
Total Assessment
$14,975,000
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