5020 Biscayne Boulevard $12,500,000


    5020 Biscayne Boulevard Miami, FL 33137



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    • 0.50 Acres
    • Commercial
    • MLS# RX-10525908
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    Views: 321 Days On Site: 634

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    Property Details

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    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.

    • General Features
      • County Miami-Dade
      • Sale Includes Building and Land,Equipment,Fixtures,Furniture
      • Security Gate - Unmanned,Lobby,Security Light,Security Sys-Owned,Wall
      • Tenant Pays Electric,Insurance,Janitorial,Water
      • Type Commercial Industrial
      • Zoning 6100/C-1
      • Use Income,Professional Office
      • Year Built 1949
    • Building Features
      • # of Stories 2.0
      • % Air Conditioned 100.00
      • Baths - # Toilets 8.00
      • Building Info Num of Offices 5
      • Ceiling Height Varies
      • Construction CBS,Concrete
      • Cooling Central,Zoned
      • Fire Protect Smoke Alarm,Smoke Detector,Sprinkler
      • Flooring Carpet,Concrete,Marble,Slate
      • Heating Central,Zoned
      • Roof Other
      • Total Building SqFt 13512.00
      • Type of Building Free Standing,Income
      • 1 Meeting Room
    • Property Features
      • Acres 0.5
      • Building Info: Miles to Beach 5
      • Building Info: Miles to Expressway 2
      • Location Central Business Dst,City
      • Miscellaneous 1 Elevator,Fenced,Kitchen Facilities,Lounge
      • Miscellaneous 2 Manager on Premises,Meeting Room,Office,Private Restroom,Public Restroom,Rear Access,Reception Area,Storage
      • Property Desc Recording Studio
      • Utilities Electric,Public Sewer,Public Water



    33137 (Miami) Demographics

    35 Median Age
    11,626 Population Density (per sq. mile)
    48% College Educated
    $55,522 Estimated Median Income
    2,685 Estimated Total Home Owners
    6,791 Estimated Total Renters
    28% / 72% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    23,520 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $385,000 Median Sales Price
    1 Homes Sold
    91 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $12,500,000
        4/29/2019 6:26:00 PM New in Database Source New Value: $12,500,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.