Reliable Sources have Disclosed that the Commercial Property at 12550 Biscayne Blvd 205, North Miami, FL 33181 Sold on October 05, 2018

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This is a news story only, not a listing.

It has been officially reported that the property located at 12550 Biscayne Blvd 205 in North miami within zip code 33181 and with the folio number 06-2291-112-0110 sold on October 05, 2018. The sale type was recorded as "Qual on DOS, multi-parcel sale." Sales prices as recorded by the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. In particular for this commercial property sale, since this is noted by the county as a multi-parcel sale, it is likely that the price reported as paid is for more than just this one folio. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date October 05, 2018 and with an amount of $117,500.00 about two thirds down the page, under the heading "Sales Information."

When considering this 12550 Biscayne Blvd 205 property sale one should consider other properties within its zip code 33181, some of which are currently for sale in this same zip code, or properties not restricted to any zip code and listed within 1, 2, or 3 miles, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33181 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33181 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more. Demographics for North Miami, the South Florida city in which the property is located, may also be worth reviewing.

Commercial properties that are currently listed in zip code 33181 can also give a representation of current market value, although it should be noted that actual selling prices are a better indicator as an asking price for any property is only that, an asking price. It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.

A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.

Update: This 12550 Biscayne Blvd 205 property in North Miami within the zip code 33181 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 204 adjusted square feet of building that was built in 1972 showing an effective year built (also) of 1972. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 6201 - COMMERCIAL with a land use of 1918 - PROFESSIONAL SERVICE BLDG : CONDOMINIUM - COMMERCIAL. This Miami-Dade reference for zoning is believed to translate into C-2BW zoning in North Miami, Florida, information about which may be found here. Any such (C-2BW zoned properties) in may be found here. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Also, commercial properties have been listed for sale near this one, including 12550 E Biscayne Blvd 903, 12550 Biscayne Blvd 311, 12550 Biscayne Blvd 405, and others.

NOTE: This is a commercial real estate sales new story only - NOT a listing - about the October 05, 2018 sale of the commercial real estate property with Miami-Dade folio number 06-2291-112-0110 (0622291120110 without the dashes) and an address of 12550 Biscayne Blvd 205 in North miami, Florida 33181.