538 PRESTON AVE
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Location
538 PRESTON AVE
Mblu
1104/ 333P/ 046A/ 0000/
Acct#
17893
Owner
WILMINGTON TRUST NA TR &
Total Market Value
$2,985,200
Appraisal
$4,264,500
PID
17893
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$2,957,800$1,306,700$4,264,500
Assessment
Valuation YearImprovementsLandTotal
2025$2,070,500$914,700$2,985,200

Owner of Record
OwnerWILMINGTON TRUST NA TR &
Co-OwnerJPMBB ET AL
Address2340 COLLINS AVENUE SUITE 700
MIAMI BEACH, FL 33139
Sale Price$0
Book & Page 5552/1171
Sale Date04/16/2025
Instrument14
QualifiedU

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
WILMINGTON TRUST NA TR &$05552/11711404/16/2025
ALBANY ROAD-PRESTON I LLC$8,150,0004932/1949908/22/2014

Building Information
Building 1 : Section 1
Year Built: 1989
Living Area: 76,306
Replacement Cost: $7,283,853
Building Percent Good: 34
Replacement Cost
Less Depreciation:
$2,476,500
Building Attributes
FieldDescription
StyleOffice
ModelComm/Ind
GradeB-
Stories3
Occupancy10
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceramic Tile
Heat FuelGas
Heat TypeForced Hot Air
AC TypeCentral
Bldg UseCommercial
Total Rooms 
Total Bedrooms 
Total Full Bath(s)0
Total Half Bath(s)12
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACHT/AC PACKAGE
FrameMasonry
Baths/PlumbingAverage
Ceiling/Wall 
Rooms/Prtns 
Wall Height9.00
% Sprinkled100
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFINISHED UPPER STORY 50,724 50,724
BASFIRST FLOOR 25,582 25,582
CTHCATHEDRAL CEILING 560 0
FEPFRAMED ENCLOSED PORCH 32 0
FOPOPEN PORCH 88 0
   76,986 76,306

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
ELV1ELEVATOR PASS3.00 STOP$57,100$40,0001
SPR1SPRINKLERS-WET78066.00 SF$26,500$18,6001
ELV1ELEVATOR PASS3.00 STOP$28,600$20,0001
ELV1ELEVATOR PASS3.00 STOP$28,600$20,0001

Land
Land Use
Use Code201
DescriptionCommercial  
NeighborhoodC6
Land Line Valuation
Size (Acres)9.17
Total Market Land$914,700
Appraised Value$1,306,700

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed ValueBldg #
PAV1PAVING50000.00 S.F.$75,300$52,7001
LT1LIGHTS-IN W/PL15.00 UNITS$12,000$8,4001
LT2W/DOUBLE LIGHT3.00 UNITS$3,200$2,2001
TWR1CELL TWR 1.00 UNITS$250,000$175,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$4,768,800$974,900$5,743,700
2023$4,768,800$974,900$5,743,700

Assessment
Valuation YearImprovementsLandTotal
2024$3,338,160$682,430$4,020,590
2023$3,338,160$682,430$4,020,590

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