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$1,650,000
Est. payment /mo
3,397 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,397 sqft
Price per Sqft $485
MLS Listing ID A12047731
HOA Y/N No
Year Built 1954
Lot Size 3,325 Sqft
Property Sub-Type Mixed Use
Property Description
Listing Description
Exceptional Mixed-Use Investment Opportunity | Prime North Miami Location
Unlock the potential of this outstanding mixed-use commercial property located in the heart of North Miami. This income-producing asset offers an excellent opportunity for investors seeking stable cash flow with long-term appreciation potential.
Currently generating $10,000 per month ($120,000 annually), the property delivers an attractive 5.45% cap rate based on current income and operating expenses. Featuring a combination of commercial and residential components, this asset benefits from multiple income streams and strong demand in one of Miami-Dade County's most active growth corridors.
Property Highlights
* Mixed-use investment property
* Prime North Miami location
* Current Gross Income: $120,000 annually
* Estimated NOI: $90,000 annually
* 5.45% Cap Rate
* Strong visibility and accessibility
* Excellent long-term appreciation potential
* Ideal for investors completing a 1031 Exchange or expanding their commercial portfolio
Exceptional Mixed-Use Investment Opportunity | Prime North Miami Location
Unlock the potential of this outstanding mixed-use commercial property located in the heart of North Miami. This income-producing asset offers an excellent opportunity for investors seeking stable cash flow with long-term appreciation potential.
Currently generating $10,000 per month ($120,000 annually), the property delivers an attractive 5.45% cap rate based on current income and operating expenses. Featuring a combination of commercial and residential components, this asset benefits from multiple income streams and strong demand in one of Miami-Dade County's most active growth corridors.
Property Highlights
* Mixed-use investment property
* Prime North Miami location
* Current Gross Income: $120,000 annually
* Estimated NOI: $90,000 annually
* 5.45% Cap Rate
* Strong visibility and accessibility
* Excellent long-term appreciation potential
* Ideal for investors completing a 1031 Exchange or expanding their commercial portfolio
Location
State FL
County Miami-dade
Area 22
Zoning 6000
Exterior
Private Pool Yes
Others
Tax ID 06-22-30-032-0321
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Listed by Real Estate Sales Force
Nearby Locations
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