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
Comm/Non-Rep: 1%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
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
Geo Area: DADE
Country: United States
County: Miami-Dade
Parcel ID: 0132190000240
Street #: 5020
Street Name: Biscayne
Street Suffix: Boulevard
State/Province: FL
Zip Code: 33137
Zoning: 6100
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
Tax Year: 2023
Real Estate Taxes: 84390.5
Geo Lat: 25.821676
Geo Lon: -80.187765
Remarks & Misc
Directions: Biscayne Boulevard to 50th Street
Office/Member Info
DXORIGMLNO: RX-10941072
DXORIGMLSID: RML
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: February - 11 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Monday 29th of April 2024 02:03 PM
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