Miami, FL 33168,Address not disclosed
Miami, FL 33168,Address not disclosed
Miami, FL 33168,Address not disclosed
Miami, FL 33168,Address not disclosed
Miami, FL 33168,Address not disclosed
Miami, FL 33168,Address not disclosed
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$ 4,850,000
Est. payment | /mo

11,133 SqFt


$ 4,850,000
Est. payment | /mo

11,133 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 11,133 sqft

Price per Sqft $435

MLS Listing ID A11608337

HOA Y/N No

Year Built 1972

Annual Tax Amount $12,364

Tax Year 2023

Lot Size 0.256 Acres

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.

Location

State FL

County Miami-dade

Area 21

Others

Tax ID 30-21-36-018-2560

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by RE/MAX 360 Real Estate

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