Here are the recent commercial property sales in Miami-Dade County (Oct. 9 - Oct. 15)

By Miami Herald Bot

October 20, 2023 7:30 AM

The following list encompasses all commercial property transfers in Miami-Dade County recorded from Oct. 9 to Oct. 15. A total of 21 transactions took place during this time.

Coral Gables

Office property: $90,000,000, 498,294 square feet, $181 per square-foot.

The office space at 355 Alhambra Circle in Coral Gables was constructed in 2001. The lot of the property covers 1.2 acres. The 16-story building is equipped with a cooling system. On the exterior, the building is characterized by a flat roof design. On Sept. 21, 2023, the 498,294-square-foot property, assigned for commercial office use, was acquired for $90,000,000.

Cutler Bay

Industrial property: $400,000, 1,459 square feet, $274 per square foot.

The industrial space at 19101 Southwest 108th Ave. in Cutler Bay underwent a change in ownership on Sept. 21, 2023. The 1,459-square-foot property, assigned for light industrial use, was built in 2006. The closing price for the property was $400,000.

Hialeah

Industrial property: $285,000, 1,430 square feet, $199 per square-foot.

The industrial space, constructed in 1983 at 255 West 27th Street, Hialeah, was successfully sold for $285,000 on Sept. 21, 2023. The structure features 1,430 square feet of interior space. The property is designated as Light Industrial.

Retail property: $14,841,000, 44,411 square feet, $334 per square foot.

The single-story retail space, located at 2851 West 68th Street in Hialeah was sold for $14,841,000 on Sept. 26, 2023. The property, designated for multi-story stores, was built in 2002, and features 44,411- square feet of interior space, as well as a 4.1-acre lot. It comes equipped with a cooling system. On the exterior, the building features a flat roof design constructed with slate roofing.

Homestead

Industrial property: $300,000, 320 square feet, $938 per square foot.

The single-story industrial space, located at 33801 Southwest 202nd Ave. in Homestead was sold for $300,000 on Sept. 26, 2023. The property, listed as Industrial Warehouse, was built in 1937, and features 320 square feet of interior space, as well as a 7.3-acre lot. Outside, the building presents roofing composed of tiles materials.

Miami

Retail property: $10,000, 88 square feet, $114 per square foot.

The retail space at 777 Northwest 72nd Ave. in Miami was built in 1976. On Sept. 22, 2023, the 88-square-foot property, designated as Store (Multi-story), was acquired for $10,000.

Industrial property: $300,000, 1,007 square feet, $298 per square foot.

The industrial space, constructed in 1994 at 13085 Southwest 133rd Court, Miami, was successfully sold for $300,000 on Sept. 26, 2023. The structure features 1,007 square feet of interior space. The property is assigned for light industrial use.

Industrial property: $300,000, 1,207 square feet, $249 per square foot.

The industrial space at 4245 Northwest 37th Ave. in Miami underwent a change in ownership on Sept. 25, 2023. The 1,207-square-foot property, listed as Light Industrial, was built in 1987. The closing price for the property was $300,000.

Retail property: $450,000, 1,178 square feet, $382 per square foot.

The retail space at 2801 Florida Ave. in Miami underwent a change in ownership on Sept. 25, 2023. The 1,178-square-foot property, listed designated as Store (Multi-story), was built in 1987. The closing price for the property was $450,000.

Industrial property: $535,000, 1,281 square feet, $418 per square foot.

The industrial space at 2365 Northwest 70th Ave. in Miami was constructed in 2010. On Sept. 26, 2023, the 1,281-square-foot property, designated for light industrial use, was acquired for $535,000.

Office property: $575,000, 963 square feet, $597 per square foot.

The office space, constructed in 2009 at 8950 Southwest 74th Court, Miami, was successfully sold for $575,000 on Sept. 22, 2023. The structure features 963 square feet of interior space. The property is designated as Commercial Office.

Hotel-Motel property: $850,000, 953 square feet, $892 per square foot.

The Hotel-Motel, located at 485 Brickell Ave. in Miami was sold for $850,000 on Sept. 27, 2023. The property, designated as Hotel, was built in 2009 and features 953 square feet of interior space.

Office property: $2,000,000, 3,596 square feet, $556 per square foot.

The office space at 920 Northwest 119th Street in Miami was constructed in 1956. The lot of the property covers an an 8,500 square feet. The single-story building is equipped with a cooling system. On the exterior, the building features a saw-tooth roof structure constructed with slate roofing. On Sept. 22, 2023, the 3,596-square-foot property, assigned for commercial office use, was acquired for $2,000,000.

Retail property: $3,500,000, 5,043 square feet, $694 per square foot.

The single-story retail space, constructed in 1959 at 5780 West Flagler Street, Miami, was successfully sold for $3,500,000 on Sept. 21, 2023. This 5,043-square-foot structure is situated on a 10,500-square-foot lot, the property, designated for multi-story stores is equipped with a cooling system. On the exterior, the building features a bowstring truss roof structure constructed with slate roofing.

Retail property: $12,760,000, 9,248 square feet, $1,380 per square foot.

The retail space at 3490 Bird Road in Miami underwent a change in ownership on Sept. 26, 2023. The 9,248-square-foot property, assigned for multi-story stores, features a lot encompassing 0.9-acre, and was built in 2009. It comes equipped with a cooling system. On the exterior, the building is characterized by a bowstring truss roof structure, featuring roofing made of tar and gravel. The closing price for the property was $12,760,000.

Industrial property: $19,000,000, 41,150 square feet, $462 per square foot.

The single-story industrial space, located at 2509 North Miami Ave. in Miami was sold for $19,000,000 on Sept. 26, 2023. The property, listed as Food Processing, was built in 1925, and features 41,150 square feet of interior space, as well as a 0.3-acre lot. It comes equipped with a cooling system.

Retail property: $52,200,000, 240,674 square feet, $217 per square foot.

The single-story retail space, constructed in 1983 at 7700 North Kendall Drive, Miami, was successfully sold for $52,200,000 on Sept. 22, 2023. This 240,674-square-foot structure is situated on a 8.7-acre lot, the property, assigned for stores and apartments, is equipped with chilled water cooling. The building’s outer structure showcases a flat roof frame, with roofing materials crafted from tiles.

Miami Beach

Retail property: $780,000, 1,232 square feet, $633 per square foot.

The retail space at 1330 West Ave. in Miami Beach was built in 2001. On Sept. 22, 2023, the 1,232-square-foot property, listed designated as Store (Multi-story), was acquired for $780,000.

Retail property: $5,700,000, 7,982 square feet, $714 per square foot.

The single-story retail space, located at 919 Collins Ave. in Miami Beach was sold for $5,700,000 on Sept. 21, 2023. The property, designated for stores and apartments, was built in 1924, and features 7,982 square feet of interior space, as well as a 7,000-square-foot lot. It comes equipped with a cooling system. The building’s outer structure showcases a prestress concrete roof frame, with roofing materials crafted from tiles.

Opa-locka

Industrial property: $8,000,000, 97,692 square feet, $82 per square foot.

The two-story industrial space, located at 14705 Northwest 25th Court in Opa-locka was sold for $8,000,000 on Sept. 25, 2023. The property, assigned for Food Processing, was built in 1966, and features 97,692 square feet of interior space, as well as a 2.0-acre lot. It comes equipped with chilled water cooling, chilled water cooling, chilled water cooling and chilled water cooling.

South Miami

Office property: $400,000, 803 square feet, $498 per square foot.

The office space, constructed in 1984 at 5975 Sunset Drive, South Miami, was successfully sold for $400,000 on Sept. 26, 2023. The structure features 803 square feet of interior space. The property is designated for commercial office use.

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