5061 Biscayne Boulevard

Miami, FL 33137

Listing ID: 187641

$6,900,000

For Sale

Lot Size Acres 0.660
Building Sq Ft 12,012
Building Price per Sq Ft $574.43
Land Sq Ft 28,727
Land Price per Sq Ft $240.19

5061 Biscayne Boulevard Miami, FL 33137 - main image

5061 Biscayne Boulevard Miami, FL 33137 - alt image 2

5061 Biscayne Boulevard Miami, FL 33137 - alt image 3

5061 Biscayne Boulevard Miami, FL 33137 - alt image 4

Description

APEX Capital Realty is pleased to present an extremely centrally located covered land play / prime office building sitting along Miami’s main mixed-use corridor at 5061 Biscayne Boulevard. Located in the charming Upper Eastside portion of the Boulevard, the site sits just outside of the Design District and at the entrance to the historic Miami Modern (MiMo) District.
Previously utilized as a single-tenant headquarter office space for an events production & catering company, the building was remodeled to accommodate both heavy
kitchen and professional office use, with nearly the entire ground floor (approx. 4,000 SF) devoted to a fully built-out commercial kitchen complete with loading bays/garage. The second floor features over 5,000 usable square footage of updated office plus chic conference room. In total throughout the building there are over 15 private offices of varying sizes which can be repurposed for a range of uses.
Property Summary
Property Addresses: 5061 Biscayne Boulevard, Miami, FL 33137
Neighborhood: Upper Eastside / MiMo District
Lot & Building Size Breakdown:
5061 Biscayne Blvd: 15,444 Land SF / 12,012 Adj. SF
Adjoining parcel: 13,284 Land SF (parking lot)
TOTAL: 28,728 Land SF (0.66 acres)
Frontage: Approx. 200 feet on Biscayne (full block corner location)
ASKING PRICE: $6,900,000 (Down from $7,500,000)
Property Highlights
40 parking spaces
2 drive-in bays
Contains 18+ private offices plus conference room

Attachments & Files

5061-biscayne-1-1-otW-n9W.pdf

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		18,800	177,316	557,512
Population Median Age		39	38	39
Population by Age	0-9 Yrs	1910 (10%)	22183 (12%)	62755 (11%)
	10-19 Yrs	1762 (9%)	18647 (10%)	53765 (9%)
	20-29 Yrs	3326 (17%)	26583 (14%)	81302 (14%)
	30-39 Yrs	3133 (16%)	29581 (16%)	92431 (16%)
	40-49 Yrs	2834 (15%)	24976 (14%)	80638 (14%)
	50-59 Yrs	1962 (10%)	23444 (13%)	74584 (13%)
	60-69 Yrs	1994 (10%)	16581 (9%)	55256 (9%)
	70+ Yrs	1879 (9%)	15321 (8%)	56779 (10%)

Median HH Income		$38,321	$36,606	$38,755
Total Household Income	< 24K	2361 (37%)	24626 (38%)	74635 (35%)
	25-49K	1522 (23%)	15511 (23%)	50876 (24%)
	50-74K	982 (15%)	9411 (14%)	30809 (14%)
	75-99K	571 (8%)	5049 (7%)	18700 (8%)
	100-199K	637 (9%)	6992 (10%)	24301 (11%)
	200K+	301 (4%)	3122 (4%)	12027 (5%)

Highest Education Level	No Diploma	3176	28679	89802
	Diploma or GED	3924	35609	114112
	Some College	2364	18853	55690
	Assoc. Degree	1128	9514	30310
	Bachelors Degree	2199	20607	69678
	Higher Degree	933	11366	46716

Total Housing Units		7,422	76,575	267,097
--Owner-Occupied		1,689	18,839	67,456
--Renter-Occupied		4,685	45,872	143,891
Owner-Occupied Values	< 100K	213	2949	7896
	100-199K	372	4178	14812
	200-299K	392	3638	14186
	300-399K	190	2256	8788
	400-499K	68	1387	5542
	500K+	454	4431	16233

Total Working Age Population		15,875	143,693	462,823
In Work Force		10,014	88,838	292,210
Not In Work Force		5,861	54,855	170,613
Workforce Employed		9,099	79,783	269,934
Workforce Unemployed		915	9,051	21,946
Civlian Workforce		10,014	88,834	291,880
Military Workforce		0	4	330

Total Households		6,374	64,712	211,347
Family Households		3,321	34,037	112,669
Non-Family Households		3,053	30,674	98,678
Married Couple		1,664	17,081	64,337
Other Family		1,657	16,956	48,332
Married w/Child		591	6,595	23,635
Single Male w/Child		92	1,234	4,614
Single Female w/Child		452	6,738	16,870

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Miami-Dade County	2,253,362	+11	2,496,435	+15	2,861,579	+11	3,190,242

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.