$ 4,850,000
Address not disclosed Miami, FL 33168
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$ 4,850,000
Est. payment | /mo
9,265 SqFt
$ 4,850,000
Est. payment | /mo
9,265 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,265 sqft
Price per Sqft $523
MLS Listing ID A11606667
HOA Y/N No
Year Built 1972
Annual Tax Amount $12,364
Tax Year 2023
Property Description
The property is a two-story office building located adjacent to I-95, which sees
approximately 240,000 cars daily. It is currently divided into thirty-three individual
salons, each ranging from 90 to just under 200 square feet. The second floor is
fully stabilized, while the first floor is in the lease-up stage. Once fully stabilized,
this property is projected to generate $500,000 in gross income annually.
Additionally, the site is prime for redevelopment, with the potential to expand up
to four stories.
approximately 240,000 cars daily. It is currently divided into thirty-three individual
salons, each ranging from 90 to just under 200 square feet. The second floor is
fully stabilized, while the first floor is in the lease-up stage. Once fully stabilized,
this property is projected to generate $500,000 in gross income annually.
Additionally, the site is prime for redevelopment, with the potential to expand up
to four stories.
Location
State FL
County Miami-dade
Area 21
Exterior
Parking Type Common
Total Parking Spaces 40
Others
Tax ID 30-21-36-018-2560
Ownership Corporation
Security Features Security System,Fire Sprinkler System,Smoke Detector(s)
Listed by RE/MAX 360 Real Estate
Learn More About LPT Realty
NinaMichelle Sanders
Realtor® | License ID: 3472672