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17325 NW 27th Ave, Miami Gardens FL 33056

Commercial Sale

17325 27th Ave

Miami Gardens, FL 33056

ML#:A11822575
List Price:$6,950,000
Status:Active
Days on Market:351
Listing Brkr:Castillo & Associates Real Estate, Inc
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:39204 sqft
Year Built:1989
Stories:2

General Information

Type Property:Commercial Sale
Style:Mixed Use
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33056
Subdivision:
Latitude:25.932556
Longitude:-80.244374

Additional Features

Construction:Concrete Block Construction
Waterfront:No

Financial Information

Annual Taxes:$53,548
Original Price:$6,998,000
Days on Market:351

Remarks

INVESTMENT HIGHLIGHTS: All triple net leases, Cap rate 7.03%, 100 Occupied. Building Size 24,964 sq ft, Lot Size 39,204 sq ft, Year Built 1989, First Time On Market in Over 20 Years, Recently Re-Roofed, New LED lighting, New surveillance cameras throughout the property, New, LED monument sign, 85 parking spaces, 1 elevator, 2 staircases. Strong and stable cash flow for potential investors. Upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases. Triple net leases. annual escalations providing strong rent growth for a potential buyer. The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood.

Listing Agent

Maydelin Castillo Florez

Castillo & Associates Real Estate, Inc

IDX information is provided exclusively for 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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