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 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 3:04 AM UTC, 5/9/2024.

Powered byLuxury Presence