Address
5020 Biscayne Boulevard Miami, FL
Price
$ 12,500,000
Property Attributes
  • MLS#RX-10737734
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityMiami
  • Area2320
  • NeighborhoodDesign District & MIMO District
  • Zip33137
  • StyleIncome,Professional Office
  • Year Built1949
  • Taxes$ 114229
  • Price$ 12,500,000
  • Bedrooms0
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage13512
Listing Provided Courtesy Of:
Signature One Luxury Estates LLC
Data Source:
Beaches MLS
Property Description

Investment Grade-Credit Tenant, 5 Year Lease-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.

Price History
8/11/2021 Listed $12,500,000

General Features

Area 2320
Auction No
Built Desc Resale
Construction CBS, Concrete
Cooling Central, Zoned
Flooring Carpet, Concrete, Marble, Slate
For Lease No
Geo Area DADE
Geo Lat 25.821684
Geo Lon -80.187769
Heating Central, Zoned
Legal Description 19 53 42 0.4 ACBEG AT X OF W/L BLVD & N/L GOVTLOT 5 SW ALG BLVD 122FT NWLY216FTNE ALG HWY 79.42FT DUE E TO POBLO
Location Central Business Dst, City
Misc. Manager on Premises, Meeting Room, Office, Private Restroom, Public Restroom, Rear Access, Reception Area, Storage
Misc. Elevator, Fenced, Kitchen Facilities, Lounge
Possession At Closing, Subject to Lease
Property Type E
Roof Other
Security Gate - Unmanned, Lobby, Security Light, Security Sys-Owned, Wall
Status Active
Stories 2.0
Subdivision Design District & MIMO District
Tax Year 2020
Tenant Pays Electric, Insurance, Janitorial, Water
Terms Considered Cash, Conventional
Type Of Building Free Standing, Income
Use Income, Professional Office
Utilities Electric, Public Sewer, Public Water
Virtual Tour https://www.propertypanorama.com/5020-Biscayne-Boulevard-Miami-FL-33137--RX-10737734/unbranded
Waterfront No
Waterfront None
Year Built 1949
Zoning 6100/C-1

Interior Features

Ceiling Height Varies
Total Number of Units 1
Unit 1: Unit Desc Meeting Room

Exterior Features

Sale Includes Building and Land, Equipment, Fixtures, Furniture
Lot Size 0.50
Property Desc Recording Studio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33137

Price
AVG $2.59M
$12.5M
Taxes
AVG $18,651
$114,229
Visits
AVG 75
35
Year Built
AVG 1966
1949
Walkscore
AVG 84
82
Data Provided by Walkscore ® not using MLS data

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