5020 Biscayne Boulevard, Miami, FL 33137 (MLS# R10941072)

5020 Biscayne Boulevard, Miami, FL 33137

$25,000,000
Property Type: Commercial Sale Square Footage: 14,685 Lot Size (sq. ft.): 21,780 Status: Active
Current Price: $25,000,000 List Date: 12/06/2023 Last Modified: 3/11/2026

Overview

Description

Investment Grade-Credit Tenant, 1.5 Year Lease left-Commercial Zoned C-1 Building, Private Gated- State of the Art Recording Studio-Half Acre Lot, 16 Parking Spaces, 34 Camera Security System, 5+ Offices, 8 Restrooms, 2 Conference, 3 Artist lounges W/ Kitchenettes. 4,500SF Studio for Video & Photography, with over $500,000 Of Equipment, SSL (Solid State Logic) 9000 J Series recording and mixing console; Active Mains (studio loud speakers, valued over $20,000 a pair) 4 Fully Equipped isolation rooms with fully wired microphone and DI panels -TT patch bay -Non-right angular wall construction (this is to diffuse sound waves in non parallel angles)-Discrete walls for artist privacy-Electrical outlets installed with ground pins on top-Prime Location in the heart of the Design District.

Listing Details MLS# R10941072

General Property Information

Property Sub Type
Office
Building Area Main
14685
Building Area Source
Public Records
Year Built
1949
Lot Size Area
21780
Lot Size Acres
0.5
Stories
2

Property Features

Building Features: Elevator(s); Fenced Area; Free Standing; Kitchen Facilities; Lounge; Manager On Premises; Meeting Room(s); Private Restroom(s); Public Restroom(s); Rear Access; Reception Area; Storage Ceiling: Ceiling Height Varies Documents Available: Copy Of Lease(s); Equipment Inventory; Existing Survey; Financial Statement Electric: Three Phase Flooring: Carpet; Concrete; Marble; Slate Heating: Central; Zoned Location of Property: Central Business District; City Location Property Condition: Resale Sale Includes: Building; Fixtures; Furniture; Land; Machinery Special Licenses: Occupational Tenant Pays: Electricity; Insurance; Janitorial Service; Water Construction Materials: CBS; Concrete Cooling: Central Air; Zoned Listing Terms: Cash; Conventional Roof: Other Security Features: Fire Alarm; Fire Sprinkler System; Gated - No Guard; Lobby - Attended; Security Fence; Security Lights; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent

Contract Information

Comp Sale YN
No
Listing Contract Date
2023-12-05
Original List Price
25000000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
5020
Street Name
Biscayne
Street Suffix
Boulevard
City Name
Miami
State Or Province
FL
Postal Code
33137
Area
2320
Geographic Area
DADE
Parcel Number
0132190000240
Zoning
6100
Directions
Biscayne Boulevard to 50th Street
Property Description
Recording Studio

Financial Information

Tax Annual Amount
84390.5
Tax Year
2023
Tax Legal Description
19 53 42 0.4 AC BEG AT X OF W/L BLVD & N/L GOVT LOT 5 SW ALG BLVD 122FT NWLY216FT NE ALG HWY 79.42FT DUE E TO POB LOT SI

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y, Miscellaneous: Y

More Information

Status Change Information

Major Change Timestamp
2023-12-06T01:02:06Z
Major Change Type
New Listing
Status Change Date
2023-12-05

Building and Property Details

# Of Offices
5
# Of Toilets
8
% Air Conditioned
100
Maximum Ceiling Height
35

Distance To Information

Miles to Beach
5
Miles to Expressway
2

Description of Unit Type 1

Unit Type
Meeting Room(s)

Price Calculations

Current Price To SqFt
1702.41

Originating Details

Originating System Key
20231203160034018422000000
Originating System ID
M00000170

Currently Not Used

Number Of Units Total
1

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Carpet
Yes
Concrete
Yes
Marble
Yes
Slate
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Equipment Inventory
Yes
Existing Survey
Yes
Financial Statement
Yes
Photos
Yes

Tenant Pays

Electricity
Yes
Insurance
Yes
Janitorial Service
Yes
Water
Yes

Location of Property

Central Business District
Yes
City Location
Yes

Sewer

Public Sewer
Yes

Building Features

Elevator(s)
Yes
Fenced Area
Yes
Free Standing
Yes
Kitchen Facilities
Yes
Lounge
Yes
Manager On Premises
Yes
Meeting Room(s)
Yes
Private Restroom(s)
Yes
Public Restroom(s)
Yes
Rear Access
Yes
Reception Area
Yes
Storage
Yes

Ceiling

Ceiling Height Varies
Yes

Heating

Central
Yes
Zoned
Yes

Sale Includes

Building
Yes
Fixtures
Yes
Furniture
Yes
Land
Yes
Machinery
Yes

Special Licenses

Occupational
Yes

Construction Materials

CBS
Yes
Concrete
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Security Features

Fire Alarm
Yes
Fire Sprinkler System
Yes
Gated - No Guard
Yes
Lobby - Attended
Yes
Security Fence
Yes
Security Lights
Yes
Security System Owned
Yes
Smoke Detector(s)
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes
Zoned
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Text Listing Agent
Yes
Listing Office: Signature One Luxury Estates LLC
IDX
Last Updated: March - 11 - 2026
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