A 40,000 square feet industrial lot at 16555 NW 13th Avenue in Miami Gardens, Florida, has sold for $1,000,000, $25.00 per square foot of land. The seller, William C Webb Jr Foundation Inc, had acquired the property a couple of years prior in a transaction with affiliated parties. Property taxes in 2019 were $18,062.39 on an assessed value of $704,200. A single story office building with 5,110 square feet and built in 1961 is located on the property.
Located within the city limits of Miami Gardens, Florida, the folio is zoned I-1. The land use shown by the Miami-Dade Property Appraiser is “1713 OFFICE BUILDING – ONE STORY : OFFICE BUILDING,” while that noted as for other government agencies, presumably in this case the City of Miami Gardens, is “342 – INDUSTRIAL INTENSIVE, OFFICE TYPE OF USE.”
The buyer was Miami based One Fish LLC. The commercial brokers on the transaction were James Hawkins, a top producing Broker Associate of The Keyes Company Commercial Office located in downtown Miami, and William Webb of Webb Commercial Realty.
Editor’s Note: James Hawkins is with Hawkins Commercial Realty as of May 2020.