South Florida Real Estate

Detached

950 NW 72nd St

Miami , FL 33150

MLS#: A11152987

$6,250,000

Status: Closed
Listing number: A11152987
Listing provided by: Gridline Properties
Listing agent phone: None
Last update: 3 years ago
On site: 4 years ago
Browse Properties
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1953

Sq.Footage

N/A

This pride of ownership condition property was gut renovated to code in 2017. Presently demised into 3 spaces serving Custom Closet Fabricators, and two Interior Design showrooms. This building is ready to hand over needing zero dollars in capex upon acquisition to a new owner, with combined income from very stable tenants, and positive strong cash-flow at under-market rents. This Last Mile zone sector is rife with new development, and is a community of many of our top local investors, artists, caterers, makers, and local investors. This property represents value and utility, in this rapidly growing sector of West Little River. Current GOI of $315,780 annual. 2k SF tenant lease expires 11/23 -- 3.5k SF tenant lease expires 6/23 -- 18,000 SF tenant lease expires 6/23. No options.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Industrial

  • Architectural Style

    Detached

Price

  • Sales Price

    $6,250,000

  • Tax Amount

    $27,897

  • Zoning

    7100

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Jonathan Eismann , Gridline Properties

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AGENT

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This pride of ownership condition property was gut renovated to code in 2017. Presently demised into 3 spaces serving Custom Closet Fabricators, and two Interior Design showrooms. This building is ready to hand over needing zero dollars in capex upon acquisition to a new owner, with combined income from very stable tenants, and positive strong cash-flow at under-market rents. This Last Mile zone sector is rife with new development, and is a community of many of our top local investors, artists, caterers, makers, and local investors. This property represents value and utility, in this rapidly growing sector of West Little River. Current GOI of $315,780 annual. 2k SF tenant lease expires 11/23 -- 3.5k SF tenant lease expires 6/23 -- 18,000 SF tenant lease expires 6/23. No options.

950 NW 72nd St

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