ICONIC LANDMARK OFFICE BUILDING | 2424 S Dixie Hwy
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ICONIC LANDMARK OFFICE BUILDING 2424 S Dixie Hwy
10,400 SF Office Building Coconut Grove, FL 33133 $7,500,000 ($721/SF)
Investment Highlights
- 3+ stories plus basement and underground parking
- Fully Buildout Office - ready to move in condition
Executive Summary
Located at 2424 South Dixie Hwy, this versatile, highly visible iconic landmark office building offers unparalleled flexibility and functionality. The ground floor boasts an open layout perfect for retail or showroom use, complemented by underground storage space for added convenience.
The second and third floors feature spacious office plates, each outfitted with private offices, bathrooms, collaborative open areas, and conference rooms, making it an ideal workspace for any business. With independent access to each floor, owner-users have the option to occupy part of the property while leasing remaining space to third-party tenants, offsetting carrying costs and maximizing ROI. Additionally, the property includes 23 parking spots, most of them covered—a valuable commodity in the area that enhances convenience for tenants and visitors alike. This unique offering meets the needs of both established enterprises and growing startups alike.
The second and third floors feature spacious office plates, each outfitted with private offices, bathrooms, collaborative open areas, and conference rooms, making it an ideal workspace for any business. With independent access to each floor, owner-users have the option to occupy part of the property while leasing remaining space to third-party tenants, offsetting carrying costs and maximizing ROI. Additionally, the property includes 23 parking spots, most of them covered—a valuable commodity in the area that enhances convenience for tenants and visitors alike. This unique offering meets the needs of both established enterprises and growing startups alike.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
10,400 SF
Building Class
B
Year Built
1985
Price
$7,500,000
Price Per SF
$721
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,467 SF
Building FAR
1.19
Lot Size
0.20 AC
Zoning
T4-O/NCD-3 - (Coconut Grove NCD)
Parking
35 Spaces (3.37 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Roof Terrace
- Basement
- Central Heating
- Open-Plan
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Walk Score ®
Very Walkable (86)
Bike Score ®
Biker's Paradise (90)
PROPERTY TAXES
Parcel Number | 01-4115-008-1400 | Improvements Assessment | $1,371,864 |
Land Assessment | $638,136 | Total Assessment | $2,010,000 |
PROPERTY TAXES
Parcel Number
01-4115-008-1400
Land Assessment
$638,136
Improvements Assessment
$1,371,864
Total Assessment
$2,010,000
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ICONIC LANDMARK OFFICE BUILDING | 2424 S Dixie Hwy
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