Active
Private Address
$5,300,000
Active
Commercial
**CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY*
Substantially renovated freestanding building over 26K sq ft, on an 18K sq ft parcel + 36 parking spaces (19 covered).
This acquisition is a rare opportunity for the corridor to capitalize on the extraordinary upside in rents and value add components (i.e. create add'l retail/office on ground floor by converting 50% of covered parking area within existing footprint).Third floor corner Suite 304 (3500 SF) just vacated end of 2023; remains vacant for owner-occupant.
Investor/Developer (hold and redevelop up to 62K buildable SF/5 floors T5-O and in a TOD with cash flows through shovel-ready). 200 units per acre, 0.4 acres on the lot.
Optional stock sale for qualified prospects.
A11481158
MLSⓇ ID
November 4, 2023
Listed
May 9, 2024
Updated
Map
Private Address
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.41 Acres
Lot Features
City Location, Urban Area Development, Less Than 1 Acre
Sewer
Public Sanitation
Other Property Details
Taxes
$60,662
Tax Frequency
Annually
Days on Market
108
Garage
No
View
No
County
Miami-Dade County
Water Source
Municipal Water
Pool
No
Zoning
T5-O
Buyer Agency Compensation
1.5%
Listing History
Date | Event | Price |
---|---|---|
3/28/2024 | Price Change | $5,300,000 -6% |
3/5/2024 | Price Change | $5,595,000 -1% |
Listed by: Real Estate Sales Force
Listing Contact: 305-970-6682
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Data last updated 3:04 AM UTC, 5/9/2024.