Published on: Tuesday, July 9, 2024
Updated on: Tuesday, July 9, 2024
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About the Lister
User Profile Image
Name: Brian Zoberg
Company: Suncoast Business Consultants
Office Phone: 305-301-2443
Cell Phone: 305-301-2443
Provide Your Service
Financing  Business  Material
  Commercial Property
North Miami, FL North Miami Florida , 33181
North Miami, FL North Miami Florida                                                                                             , 33181Suncoast Business Consultants
Listing ID: CL-Florida-10886

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: $67,000
Commission Split (%): 0
Quick Glance
Listing ID: CL-Florida-10886
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1999
Building Size: N/A SqFt
Lot Size: 4,080.00 SqFt.
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: Yes
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Rare opportunity to purchase a free-standing subdivided retail building on one of the most heavily traveled areas of North East Dade,
Complete Details
Year Build: 1999
Building Size: N/A
No of Stories: N/A
Total Lot Area: 4080 SqFt.
No of Parking: N/A
No of Total Units: 4
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Rare opportunity to purchase a free-standing subdivided retail building on one of the most heavily traveled areas of North East Dade, Miami. Falling under multiple overlays the site allows for an increased density of 100 dwelling unit to the acre, allowing for a max of 32 units on this site. Approval and plans already in place. Renderings available for qualified prospects. Currently rented to 4 retail tenants who are on month to month leases and paying below market rent. End Parcel lot currently vacant. This property is best seen as a solid covered land play for a developer looking to ultimately take advantage of the strong redevelopment incentives while capitalizing on the in-place income for short-term or stable annual rentals in the meantime as the neighborhood continues to grow and thrive. SELLER FINANCE WILL BE CONSIDERED.
Additional Properties
Property Other Use
  • Shopping Center
Listing Location
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