2474 Secoffee Ter, Miami

2474 Secoffee Ter is a 1,011 sq ft Professional service building in Miami. It was built in 1949. 2474 Secoffee Ter sits on 0.11 acres of land. In 2014 similar properties sold for between $130,945 and $369,743. We estimate the income value of 2474 Secoffee Ter at $323,300. The assumptions we used to calculate this value are include in the spreadsheet linked below. Miami is in Miami Dade County, Florida.

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2474 Secoffee Ter Property Summary

2474 Secoffee Ter
FL 33133

Property Size:1,011 sq ft
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
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Estimated Value: 2474 Secoffee Ter

Market Data

In 2014 class A professional service building properties in Miami sold for $365.73 to 694.61 per sq ft with a median price per sq ft of $456.81. Class B properties sold for $129.52 to 365.72 per sq ft with a median of $237.46 and class C properties sold for $54.37 to 129.51 per sq ft with a median of $109.49.

Market Valuation

2474 Secoffee Ter appears to be a B Class property. Suggested value: $240,072

Value369,743 240,072 130,945

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $323,300. 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.

Monthly Rent2,462
Annual Rent per Sq Ft29.22
Gross Annual Rent29,541
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount4,431
HOA, Utilities and CAM0
Property Taxes1,249
Management Fees1,004
Cap Rate7
Estimated Value323,300
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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $43,505. The bottom 10% of the population earn less than $13,264 per year. The top 10% earn more than $167,896 per year. The top 1% earn more than $561,708 per year. Most renters earn between $24,348 (20th percentile) and $46,164 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $87,010 and $108,763.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $977. Most renters earn between $2,029 and $3,847 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $657 (20th percentile) to $1,476 (80th percentile) range. The residential vacancy rate is 5%.


  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. Schwabe Benefits Corporation (2400 Secoffee Ter)
  2. Black Tie Miami LLC (2500 S Dixie Hwy)
  3. Rodrigo Varela Photography, LLC (2500 S Dixie Hwy)
  4. Project 308, LLC (2511 Tequesta Ln)
  5. Vido Marteen LLC (2511 Tequesta Ln)
  6. Megan Renze, Pllc (2511 Tequesta Ln)
  7. The Law Offices Of Jacqueline R. Hernandez-Valdes P.A. (2474 Secoffee Ter)
  8. Elkhorn Properties, Inc. (2474 Secoffee Ter)
  9. Emanuel Mounier Center, Inc. (2450 Tequesta Ln)
  10. Solidaridad De Trabajadores Cubanos Stc Inc. (2450 Tequesta Ln)
  11. Triton Business Solutions, LLC (2437 Tequesta Ln)
  12. Kenaf Engineering Projects & Developments, Inc (2437 Tequesta Ln)
  13. Maly LLC (2574 Sw 27 Ln)
  14. Marjp Investments LLC (2574 Sw 27 Ln)
  15. Thomas Family Yoga LLC (2500 Sw 28 Ln)
  16. The Sagra, LLC (2400 S Dixie Hwy)
  17. Music A La Carte, Inc. (2574 Sw 27 Lane)
  18. Jon Littman LLC (2433 Sw 27th Ln)
  19. Gary Gross LLC (2433 Sw 27th Ln)
  20. G2 Real Estate & Development, Inc. (2433 Sw 27th Ln)
  21. Friedman & Company, Inc. (2424 South Dixie Hwy)
  22. 2424 Building, Inc. (2424 South Dixie Hwy)
  23. James L. Riley Appraisal Company (2424 South Dixie Hwy)
  24. Cramer/Jacquelin Productions LLC (2424 South Dixie Hwy)
  25. Capsule Media LLC (2424 South Dixie Highway Suite 200)
  26. Architectural Antiques, Inc. (2520 Sw 28th Ln)
  27. Worth Galleries, Inc. (2520 Sw 28 Lane)
  28. Absolutely Needlepoint, Inc. (2496 Sw 28 Lane)
  29. Martinezholidays LLC (2545 Sw 27th Ln)
  30. White Tiger & Dragon Martial Arts Iii Inc. (2460 Southwest 28th Ln)
  31. Wpw Storage Of Miami, Inc. (2450 Sw 28th Ln)
  32. Stephen E. Renick, P.A. (2486 Sw 27th Ter)
  33. Charles E. Bloom, P.A. (2486 Sw 27th Ter)
  34. 2486, Inc. (2486 Sw 27th Ter)
  35. William J. Kinnear, Iii, P.A. (2486 Sw 27 Terrace)
  36. E.R. Brownell & Associates, Inc. (2434 Sw 28th Ln)
  37. Southeastern Dental Associates Vii, Pa (2482 Sw 27th Ter)
  38. Mystic Arts Of Stella Maris, Corp. (2501 Sw 27th Ln)
  39. Law Offices Of Marlene Ortega, P.A. (2474 Sw 27 Terrace)
  40. Set It & Forget It, Inc. (2474 Sw 27th Ter)
  41. Ii C.A.F.E., Inc. (2474 Sw 27th Ter)
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.

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