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5960 SW 57th Ave 36,254 SF Office Building Miami, FL 33143 $38,245,770 CAD ($1,054.94 CAD/SF)
Investment Highlights
- Institutional grade building -bunker
- High ceilings
- Generator with the capacity to hold up to 500 gallons of diesel and ability to run the entire building within 30 seconds of losing power.
- Heavy power
- Fire suppression system- specific for high end art galleries
- Ample site with plenty of parking
Executive Summary
Situated in South Miami on the Coral Gables border, this mixed-use building offers a genuinely rare combination of provenance, infrastructure, and location. Originally engineered as a utilities bunker, the property has been completely repositioned into a functioning cultural and commercial landmark, currently occupied by a family office on the ground floor and an active art museum on the second.
The building's bunker-grade construction delivers a concrete-reinforced envelope, significant floor-to-ceiling heights, and infrastructure that is not reproducible at this price point in this submarket. Secure on-site parking and proximity to the University of Miami anchor the location in one of Miami-Dade's most supply-constrained corridors.
Suited for continued museum or cultural institution use, institutional-grade art storage, adaptive creative office, or private club conversion.
The building's bunker-grade construction delivers a concrete-reinforced envelope, significant floor-to-ceiling heights, and infrastructure that is not reproducible at this price point in this submarket. Secure on-site parking and proximity to the University of Miami anchor the location in one of Miami-Dade's most supply-constrained corridors.
Suited for continued museum or cultural institution use, institutional-grade art storage, adaptive creative office, or private club conversion.
Property Facts
Sale Type
Investment
Property Type
Building Size
36,254 SF
Building Class
C
Year Built
1945
Price
$38,245,770 CAD
Price Per SF
$1,054.94 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
12,085 SF
Slab To Slab
14’
Building FAR
0.72
Lot Size
1.16 AC
Opportunity Zone
Yes
Zoning
RU-5A, South Miami
Parking
65 Spaces (1.79 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Air Conditioning
1 1
Moderately walkable
60/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 30-4025-033-0200 | Improvements Assessment | $4,373,081 CAD |
| Land Assessment | $5,677,372 CAD | Total Assessment | $10,050,453 CAD |
Property Taxes
Parcel Number
30-4025-033-0200
Land Assessment
$5,677,372 CAD
Improvements Assessment
$4,373,081 CAD
Total Assessment
$10,050,453 CAD
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5960 SW 57th Ave
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