The Commercial Property at the Street Address 5560 Blue Lagoon Dr, Unincorporated Miami-Dade County, FL 33126 has New Ownership as of February 10, 2020

This is a news story only, not a listing.

It has been officially reported that the property located at 5560 Blue Lagoon Dr in Unincorporated Miami-Dade County, frequently referred to as just "Miami" within zip code 33126 and with the folio number 30-1310-015-0010 sold on February 10, 2020. The sale type was recorded as "Partial interest." Selling prices of properties as recorded at the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. 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 February 10, 2020 and with an amount of $10,425,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 5560 Blue Lagoon Dr property sale one should consider other properties within its zip code 33126, some of which are currently for sale in this same zip code, 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 33126 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33126 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more.

Commercial properties that are currently listed in zip code 33126 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 5560 Blue Lagoon Dr property in Unincorporated Miami-Dade County within the zip code 33126 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 191,700 adjusted square feet of building that was built in 1972 showing an effective year built of 2022. This 191,700 adjusted square footage of building puts it in the 150,000 to 200,000 square feet range. Having 63,120 square feet of lot, one would generally place it in a 50,000 to 75,000 square feet (lot size) range. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 6400 - COMMERCIAL - CENTRAL with a land use of 3921 - HOTEL OR MOTEL : HOTEL. This Miami-Dade reference for zoning is believed to translate into BU-2 zoning in Unincorporated Miami-Dade County, Florida, information about which may be found here. Any such (BU-2 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 190 NW 79th Ave, 351 NW 42nd Ave # 407, 3939 NW 7th St, 4599 NW 7th St, 475 Le Jeune Rd, 7311 NW 12th St # 15, 777 NW 72nd Ave # 1001, 895 NW 45th Ave, and others.