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909 N Miami Beach Blvd

North Miami Beach, FL 33162
  • $1,488,000
  • STATUS: Active
  • ON SITE: 293 Days
  • MLS #: A11117301
UPDATED: 49 min ago
$1,488,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

Proforma 7.5% Cap Rate Value Add Portfolio of Four(4) Office Condominiums located directly on NE 167 Street, between I95 and Aventura in North Miami Beach. Two of the five units are currently leased, providing a base cash flow-oppty to create strong income renting the remaining units. Unit sizes range from 1,047 SF - 3,278 SF. Two units are medical offices. Units may be purchased individually. The Building is renovated completely including new elevator, hurricane impact windows & doors, lobby, hallways, floors, lighting. Excellent parking. This portfolio has significant upside potential, with below market rents.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-18T12:53:09.68.
www.pattyaccorto.com/homes/122840527
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909 N Miami Beach Blvd North Miami Beach, FL 33162

  • Price: $1,488,000
  • Status: Active
  • On Site: 293 Days
  • Updated: 49 min ago
  • MLS #: A11117301
0
Beds
0
Baths
0
½ Baths
0.8
Acres
1970
Built
County:
Miami-Dade
Property Description
Proforma 7.5% Cap Rate Value Add Portfolio of Four(4) Office Condominiums located directly on NE 167 Street, between I95 and Aventura in North Miami Beach. Two of the five units are currently leased, providing a base cash flow-oppty to create strong income renting the remaining units. Unit sizes range from 1,047 SF - 3,278 SF. Two units are medical offices. Units may be purchased individually. The Building is renovated completely including new elevator, hurricane impact windows & doors, lobby, hallways, floors, lighting. Excellent parking. This portfolio has significant upside potential, with below market rents.
Exterior Features

Construction Materials Concrete Block Construction Inclusions Building & LandFurniture/Fixtures Lot Features Central Business DistrictCity Location Parking Features CommonCovered Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 25000 Building Features Automobile TrafficElevatorHeavy TrafficInside CorridorsLobbyManager On PremisesOfficePrivate Restrooms Cooling Central Building A/C Heating Central Building A/C Heating YN Yes Stories 5 Window Features Clear Impact Glass

Property Features

Association YN No Business Type CondominiumProfessional Cooling YN Yes Documents Available Aerial Photo(S)Bylaws And DocumentsRent Rolls Horse YN No Land Lease YN No Lease Considered YN Yes Lease Term 1 To 3 Year Lease Listing Terms All Cash New Construction YN No Ownership Corporation Public Survey Section 17 Security Features Security Lights Senior Community YN No Sewer Public Sanitation Special Listing Conditions Sale Structure Type Commercial Tax Annual Amount 4619 Water Source Public Year Built Details Resale Zoning 6400

Listing courtesy of Re/Max Advance Realty.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-18T12:53:09.68.
 
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