8700 W FLAGLER ST, Tamiami, FL 33174
Parcel: 3040040710010 · Office Building - Multistory · Office Building · Zoning: 6400
Assessed Value (2025)
$18,517,120
Property Details
Living Sqft
150,467
Year Built
1980
Lot Sqft
250,411
Stories
3
OFFICE BUILDING - MULTISTORY : OFFICE BUILDING
Sales History
1
$12,912,700
1998-10-01
2
$25,000,000+94%
2014-12-18
NATIONWIDE THEATRES W FLAGLER LLC → FLAGLER WEST CORPORATE CENTER LLC
Tax Assessment History
$18,517,120
Assessed (2025)
$18,517,120
Market Value
$18,517,120
Taxable Value
$376,994
Annual Tax
2024
$18,075,000
2025
$18,517,120
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $18,517,120 | $18,517,120 | $18,517,120 | $376,994 | $7,512,330 | $11,004,790 |
| 2024 | $18,075,000 | $18,075,000 | $18,075,000 | $367,993 | $7,512,330 | $10,562,670 |
About 8700 W FLAGLER ST, Tamiami, FL 33174
8700 W FLAGLER ST, Tamiami, FL 33174 is a office building - multistory : office building built in 1980 with 150,467 square feet of living space on a 250,411 square foot lot. The property is currently owned by FLAGLER WEST CORPORATE CENTER LLC C/O ARC EQUITIES LLC, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2014-12-18 for $25,000,000, when NATIONWIDE THEATRES W FLAGLER LLC sold to FLAGLER WEST CORPORATE CENTER LLC. The property has appreciated $12,087,300 (94%) since the prior sale of $12,912,700 on 1998-10-01. The 2025 assessed value is $18,517,120 with a market value of $18,517,120.
This breaks down to $7,512,330 for the land and $11,004,790 for the building. The assessed value increased 2% from $18,075,000 in 2024. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential.
Flood insurance is typically required. The median household income in this area is $86,760, and the median home value is $372,600. The population density is 20,232 people per square mile.
There are active mortgage liens totaling $18,750,000 recorded against this property. This property currently has 4 open code violations on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.
8700 W FLAGLER ST, Tamiami, FL 33174 is located in Tamiami, Florida. Property records, tax assessments, sales history, and ownership information for this Tamiami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1998 to 2014, with 2 recorded transactions in the public record.
The current assessed value represents 74% of the most recent sale price. There are 4 active building permits on this property with a combined estimated cost of $3,300,000, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $166 per square foot — a key metric for comparing value across Tamiami's real estate market..
Building Permits (13)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026092420 | electrical | A | — | ||
| C2026092408 | mechanical | A | — | ||
| C2026092412 | plumbing | A | — | ||
| C2025140256 | building | A | $3,300,000 | ||
| C2025113472 | plumbing | F | — | ||
| C2025111071 | plumbing | F | — | ||
| C2025110544 | electrical | F | — | ||
| C2025078358 | building | F | $4,000 | ||
| C2025033821 | electrical | expired | $100 | ||
| C2025021889 | electrical | F | $450 | ||
| C2023028285 | electrical | expired | — | ||
| C2022184273 | building | expired | $98,000 | ||
| C2007167150 | electrical | expired | — |
Code Violations 4 open
A2025003775 open
2025-09-11
20250240527 open
2025-07-31
A2025000062 open
2024-10-11
F2020007741 open
2021-08-16
Distress Signals
- 4 open code violations
Current Owner
FLAGLER WEST CORPORATE CENTER LLC C/O ARC EQUITIES LLC
8700 W FLAGLER ST STE 175, MIAMI, FL, 33174
Since: 2026-04-19
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Flood Zone
Zone AH
Special Flood Hazard Area
Est. Annual Insurance
$185,571 — $334,108
Flood $400 — $800
Property/Wind $185,171 — $333,308
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$86,760
Median Home Value$372,600
Pop. Density20,232/sq mi
Neighborhood 33174
42.4%
Owner-Occ
57.6%
Investor
79
Flips (4yr)
3,043
New Biz (3yr)
Distress Risk
MODERATE
40
Mortgages
ACTIVE
$18,750,000
NEW YORK COMMUNITY BANK · 2021-03-23
Est. Total Balance $18,750,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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