Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

11200 NW 25 St

Sweetwater, FL 33172  ·  Warehouse/Distribution  ·  Folio 2530310210010
Building
89,082
square feet
Lot
212,133
4.87 acres
Year built
1998
28 years old
Assessed value
$17,200,000
$193/SF assessed

Ownership and recorded sale history

Owner of recordDOLPHIN CC LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2022 — $198,000,000
At that sale$2,223/SF
Years since4 years
Miami-Dade County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Sweetwater / NW 25th Street

Recorded transactions for industrial properties in the NW 25th Street and NW 108th Avenue corridor, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2026
Median price/SF
$400
$152 – $436
Median size
9,752
square feet
Median vintage
2007
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $193/SF. Recorded sales of industrial properties in Sweetwater / NW 25th Street since 2021 have a median of $400/SF, across a range of $152/SF to $436/SF.

Across those 8 recorded sales, the median sale price came in at 1.58× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

At 89,082 SF this building is materially larger than the 9,752 SF median for industrial properties trading in this corridor, which narrows the pool of directly comparable transactions.

By footprint it sits in roughly the 99th percentile of industrial properties that have traded in this corridor — 1 of the 78 recorded sales were of larger buildings.

The assessment works out 52% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
1662 NW 108 Ave
Warehouse/Distribution
13,59019972026$4,250,000$313
2185 NW 115 Ave 1 + 2 more parcels
Light Manufacturing · combined 32,351 SF portfolio sale
32,35120102025$13,300,000$411
1630 NW 108 Ave
Warehouse/Distribution
10,11019972025$4,020,000$398
10850 NW 21 St 140
Warehouse/Distribution
3,83020032025$1,575,000$411
10900 NW 21 St 240
Warehouse/Distribution
3,85620062025$1,550,000$402
2155 NW 115 Ave 4
Light Manufacturing
9,74720102024$4,251,000$436
11231 NW 20 St 126 + 1 more parcel
Light Manufacturing · combined 5,115 SF portfolio sale
5,11520082022$780,000$152
2115 NW 115 Ave 8
Light Manufacturing
9,75620102021$2,400,000$246
Recorded sale prices from Miami-Dade County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Miami-Dade County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 2530310210010." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.