Commercial: MLS #A11573445 North Miami Beach, FL $ 950,000
Commercial: MLS #A11573445
$ 950,000
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Commercial: MLS #A11573445

North Miami Beach, FL, 33169
$ 950,000
Baths0.0 Sq 2,016

Monthly Estimate*

$ 6,314

MLS #/Web ID: A11573445 - Image 1
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MLS #/Web ID: A11573445 - Image 12
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Studio

Commercial Property for sale in North Miami Beach, FL

for $950,000. This 2,016 square foot building was built in 1965 on a lot size of 0.173095.

Amazing opportunity to own the real estate (building and land) of a successful free standing C-store with smoke shop and Cuban cafeteria! One of the highest Lotto selling stores in the city of North Miami Beach. The sale includes the building and land only, it does not include the business. There is a strong tenant in place, with a 3% rent increase each year. The lease is triple net so all expenses and taxes are paid by the tenant. This is a turn key opportunity where the owner can sit back and collect rent. This would also serve as a great property for a 1031 exchange; proof of funds is required to set up a showing. Please reach out via call or text for any further questions. Thank you!

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Commercial Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,573

Style

Retail

Lot Size

0.173095

Year Built

1965

Town/City

North Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11573445

Features
General
Heating Central Electric
Year Built 1965
Stories 1
Levels One
Property SubType Retail
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions FROM NORTH: TAKE I-95 SOUTH EXIT 826 EAST (BEACHES) FIRST LIGHT NORTH MIAMI AVE MAKE A LEFT. FROM SOUTH: TAKE I-95 NORTH TAKE THE EXIT OF 826 EAST. SECOND LIGHT NORTH MIAMI AVE MAKE A LEFT.
City North Miami Beach
Disclosures OwnerIsListingAgent
View Y/N N
Senior Community Y/N N
Zoning Description 6400
MLS Area 21
Lot Size Square Feet 7540.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Miami Ave
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 6573.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11573445
Days on Market 17
Structure Type Retail
Standard Status Active
Occupancy Type Tenant
Legal Description OLETA TERR PB 8-117 N58FT OF LOTS 19 THRU 24 INC BLK 11 LESS W20FT OF LOT 19 FOR ST LOT SIZE 58.000 X 130 OR 16998-4538 1095 1
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Interior
Flooring Terrazzo
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Size Area 7540.0
Spa N
Building Area Total 2016.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 16798
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* Excluded Features
List By
Lifestyle International Realty

Broker

panjwani.re@gmail.com

Email

Affordability Calculator

$6,862
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$548
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$950,000 Listed Price

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