Basics
- Category: CommercialSale
- Type: CommercialSale, MixedUse
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 9760, 9760 sq ft
- Year built: 1974
- Address: Miami, FL, 33126
- County: Miami-Dade
- Lease Term: ThirtySixMonths
- MLS ID: A11837406
Description
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Description:
WEST FLAGLER PARK PB 8-96 LOTS 19 & 20 BLK 17 LOT SIZE IRREGULAR OR 17985-1904 0298 1 Shopping Center FOR SALE !!! this commercial building is located in a place where there is a lot of traffic and surrounded by stores like Cvs, Pollo Tropical, Wendys, etc. At the moment of this sale, building will have passed 40 Year Re-Certification that states that building is in good condition.
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9 offices in the second floor, plus 5 store fronts, 14 units in total. Cap Rate aprox 4%, .Monthly rents can be increased. Building to hold to appreciate in value, 5 minutes from Miami International Airport.
Excellent Opportunity.
“Now priced well below its original value, this property is an extraordinary opportunity for savvy buyers. With the potential to be under market value, it offers a rare chance to secure an exceptional investment at a truly remarkable price.
Property details
- Building Name: GENERAL PLAZA
- Lease Term: ThirtySixMonths
- Lot Size Square Feet: 9760
- Parcel Number: 33126
Property Features
- Parking Features: Assigned,AccessibleParking,Guest
- Cooling: CentralAir
- Cooling Y/N: 1
- Heating: Central
Location
- Directions: 516 NW 57TH AV, In front of Pollo Tropical.
Location Details
- County Or Parish: Miami-Dade
- Directions: 516 NW 57TH AV, In front of Pollo Tropical.
- Zoning Description: 6107
Building Details
- Building Name: GENERAL PLAZA
- Structure Type: Retail
- Water Source: Other
- Sewer: Other
- Construction Materials: Block
- Covered Spaces: 0
- Levels: Two
- Number Of Buildings: 1
- Floor covering: Vinyl
Amenities & Features
- Parking Features: Assigned,AccessibleParking,Guest
- Security Features: Other,SecurityLights
- Parking Total: 14
- Roof: Other
- Cooling: CentralAir
- Heating: Central
Expenses, Fees & Taxes
- Tax Annual Amount: $22,117
Miscellaneous
- List Office Name: Florida Realty of Miami Corp
- Listing Terms: Cash,Conventional
Miscellaneous
- Above Grade Finished Area: Miami, FL
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11837406