2474 Secoffee Ter, Miami

Usage

Professional service building

Address:

2474 Secoffee Ter
Miami
FL 33133

Property Size:1,011 sq ft
Acreage:0.11
Year Built:1949
Property Class:B3
Lat, Long: 25.740, -80.235

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Google Street View  of 2474 Secoffee Ter, Miami, FL 33133
Welcome to Visulate

Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 2474 Secoffee Ter

Market Data

In 2013 class A professional service building properties in Miami sold for $494.39 to 976.56 per sq ft with a median price per sq ft of $774.39. Class B properties sold for $155.08 to 494.38 per sq ft with a median of $248.98 and class C properties sold for $40.91 to 155.07 per sq ft with a median of $134.80.

Market Valuation

2474 Secoffee Ter appears to be a B Class property. Suggested value: $251,719

HighMedianLow
Value499,818 251,719 156,786

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $153,657. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 2474 Secoffee Ter. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Net lease values for maintenance, property tax, utilities and insurance shown below are calculated as a percentage of the full amount based on the vacancy percentage.

Amount
Monthly Rent1,322
Annual Rent per Sq Ft15.69
Gross Annual Rent15,863
Vacancies and Bad Debt18%
Vacancies and Bad Debt Amount2,887
Maintenance96
HOA, Utilities and CAM0
Property Taxes1,427
Insurance179
Management Fees519
NOI10,756
Cap Rate7
Estimated Value153,657
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Miami Dade County, Florida
[Property Appraiser] [Tax Record]
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Local Household Income

The median household income in this part of Florida is $42,759. The bottom 10% of the population earn less than $13,235 per year. The top 10% earn more than $147,573 per year. The top 1% earn more than $536,049 per year. Most renters earn between $23,844 (20th percentile) and $42,888 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $967. Most renters earn between $1,987 and $3,574 per month. They typically spend 40% of their monthly income on rent. Most rents fall in the $662 (20th percentile) to $1,396 (80th percentile) range. The residential vacancy rate is 5%.

Links

  1. 2474 Secoffee Ter, Miami, FL on Google Maps
  2. 2474 Secoffee Ter Walkscore
  3. Miami, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

Owner Details

Companies at this Address

  1. Principal Address for Elkhorn Properties, Inc.
  2. Principal Address for The Law Offices Of Jacqueline R. Hernandez-Valdes P.A.
  3. Mailing Address for 2901 Flamingo Drive, LLC
  4. Mailing Address for Elkhorn Properties, Inc.
  5. Mailing Address for The Law Offices Of Jacqueline R. Hernandez-Valdes P.A.

Companies near this Address

  1. Maly LLC (2574 Sw 27 Ln)
  2. Marjp Investments LLC (2574 Sw 27 Ln)
  3. Schwabe Benefits Corporation (2400 Secoffee Ter)
  4. Music A La Carte, Inc. (2574 Sw 27 Lane)
  5. Jon Littman LLC (2433 Sw 27th Ln)
  6. Gary Gross LLC (2433 Sw 27th Ln)
  7. G2 Real Estate & Development, Inc. (2433 Sw 27th Ln)
  8. Capsule Media LLC (2424 South Dixie Highway Suite 200)
  9. Friedman & Company, Inc. (2424 South Dixie Hwy)
  10. 2424 Building, Inc. (2424 South Dixie Hwy)
  11. James L. Riley Appraisal Company (2424 South Dixie Hwy)
  12. Cramer/Jacquelin Productions LLC (2424 South Dixie Hwy)
  13. Architectural Antiques, Inc. (2520 Sw 28th Ln)
  14. Worth Galleries, Inc. (2520 Sw 28 Lane)
  15. Thomas Family Yoga LLC (2500 Sw 28 Ln)
  16. Absolutely Needlepoint, Inc. (2496 Sw 28 Lane)
  17. Black Tie Miami LLC (2500 S Dixie Hwy)
  18. Rodrigo Varela Photography, LLC (2500 S Dixie Hwy)
  19. Martinezholidays LLC (2545 Sw 27th Ln)
  20. White Tiger & Dragon Martial Arts Iii Inc. (2460 Southwest 28th Ln)
  21. Wpw Storage Of Miami, Inc. (2450 Sw 28th Ln)
  22. Stephen E. Renick, P.A. (2486 Sw 27th Ter)
  23. Charles E. Bloom, P.A. (2486 Sw 27th Ter)
  24. 2486, Inc. (2486 Sw 27th Ter)
  25. William J. Kinnear, Iii, P.A. (2486 Sw 27 Terrace)
  26. E.R. Brownell & Associates, Inc. (2434 Sw 28th Ln)
  27. Tomal Investments Group, LLC (2434 Sw 28 Lane)
  28. Southeastern Dental Associates Vii, Pa (2482 Sw 27th Ter)
  29. Mystic Arts Of Stella Maris, Corp. (2501 Sw 27th Ln)
  30. The Law Offices Of Jacqueline R. Hernandez-Valdes P.A. (2474 Secoffee Ter)
  31. Elkhorn Properties, Inc. (2474 Secoffee Ter)
  32. Set It & Forget It, Inc. (2474 Sw 27th Ter)
  33. Ii C.A.F.E., Inc. (2474 Sw 27th Ter)
  34. Law Offices Of Marlene Ortega, P.A. (2474 Sw 27 Terrace)
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.