561$25,000,000
5020 Biscayne BoulevardMiami, FL 33137
MLS# RX-10941072
8 baths | 14685 sqft
1 / 37
Property Description
Investment Grade-Credit Tenant, 1.5 Year Lease left-Commercial Zoned C-1 Building, Private Gated- State of the Art Recording Studio-Half Acre Lot, 16 Parking Spaces, 34 Camera Security System, 5+ Offices, 8 Restrooms, 2 Conference, 3 Artist lounges W/ Kitchenettes. 4,500SF Studio for Video & Photography, with over $500,000 Of Equipment, SSL (Solid State Logic) 9000 J Series recording and mixing console; Active Mains (studio loud speakers, valued over $20,000 a pair) 4 Fully Equipped isolation rooms with fully wired microphone and DI panels -TT patch bay -Non-right angular wall construction (this is to diffuse sound waves in non parallel angles)-Discrete walls for artist privacy-Electrical outlets installed with ground pins on top-Prime Location in the heart of the Design District.
Details
Maps
Contract Information
Status: Active
Original List Price: 25000000
Auction: No
List Price: $25,000,000
Current Price: $25,000,000
List Price/Bldg SqFt: 1702.42
Listing Date: 2023-12-05
General Property Description
Type: Office
For Sale: Yes
For Lease: No
Property Desc: Recording Studio
Year Built: 1949
Built Desc: Resale
SqFt - Living: 14685
SqFt Source: Tax Rolls
# of Stories: 2
Total Units: 1
Baths - Total: 8
Acres: 0.5
% Air Conditioned: 100
Waterfront: No
Location Tax Legal
Area: 2320
County: Miami-Dade
Parcel ID: 0132190000240
Street #: 5020
Street Name: Biscayne
Street Suffix: Boulevard
Zip Code: 33137
Legal Desc: 19 53 42 0.4 AC BEG AT X OF W/L BLVD & N/L GOVT LOT 5 SW ALG BLVD 122FT NWLY216FT NE ALG HWY 79.42FT DUE E TO POB LOT SI
Geo Lat: 25.821676
Geo Lon: -80.187765
Building Info
# of Offices: 5
Miles to Expressway: 2
Miles to Beach: 5
Unit 1
Unit Desc: Meeting Room
Property Features
Use: Income; Professional Office
Type of Building: Free Standing; Income
Construction: CBS; Concrete
Ceiling: Height Varies
Location: Central Business Dst
Sale Includes: Building and Land; Equipment; Fixtures; Furniture
Avail Docs: Occupational License; Survey
Avail Info: Copies of Lease; Equipment Inventory; Existing Survey; Full Financials
Miscellaneous 1: Elevator; Fenced; Kitchen Facilities; Lounge
Miscellaneous 2: Manager on Premises; Meeting Room; Office; Private Restroom; Public Restroom; Rear Access; Reception Area; Storage
Flooring: Carpet; Concrete; Marble; Slate
Cooling: Central; Zoned
Heating: Central; Zoned
Fire Protect: Smoke Alarm; Smoke Detector; Sprinkler
Tenant Pays: Electric; Insurance; Janitorial; Water
Utilities: Electric; Public Sewer; Public Water
Security: Gate - Unmanned; Lobby; Security Light; Security Sys-Owned; Wall
Roof: Other
Terms Considered: Cash; Conventional
Lease: Annual; 4-6 Years
Possession: At Closing
Showing Instructions: Text Listing Agent
Listing Office: Signature One Luxury Estates LLC
Last Updated: September - 04 - 2024
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Tuesday 3rd of December 2024 12:00 PM
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