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    1120 NW 119th St

    Miami, FL 33168
    • $300,000
    • STATUS: Closed
    • ON SITE: 426 days
    • MLS #: A10686141
    Sold - 05/08/2020
    $300,000
    SOLD - 05/08/2020
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1957
    County:

    School Ratings & Info

    Description

    MOTIVATED SELLER. VALUE ADD OPPORTUNITY. FREE STANDING STOREFRONT RETAIL BUILDING WITH 2 STORES ON BUSY 119TH ST. POTENTIAL TO BRING CURRENT RENTS OF $15/SF TO MARKET RENT AT $20/SF, NOI OF $27,000 PER YEAR, AND CAP RATE TO 9% AT ASKING PRICE. OWNER OCCUPANTS MAY OCCUPY ONE OF THE SPACES AND LEASE THE OTHER FOR INCOME.. PARKING IN THE FRONT AND REAR OF THE BUILDING. AVERAGE DAILY TRAFFIC COUNT OF 29,000 CARS. CLOSE TO I-95 and 441.BU-1 Zoning includes permitted uses such as: barber shop, beauty salon, florist shop, grocery food store/market, bakery, apparel store, bicycle sales and repairs (non motorized), dispensing facilities for low THC or medical cannabis, drugstores, restaurants and coffee houses, adult day care center, computer and video store, optical, jewelry, religious church.

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    Copyright 2020, 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 2020, 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 2020-08-05T09:43:07.437.
    www.bestbrowardrealestate.com/homes/95581278
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    1120 NW 119th St Miami, FL 33168

    • Price: $300,000
    • Status: Closed
    • Updated: 38 min ago
    • MLS #: A10686141
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1957
    Built
    County:
    Miami-Dade
    Property Description
    MOTIVATED SELLER. VALUE ADD OPPORTUNITY. FREE STANDING STOREFRONT RETAIL BUILDING WITH 2 STORES ON BUSY 119TH ST. POTENTIAL TO BRING CURRENT RENTS OF $15/SF TO MARKET RENT AT $20/SF, NOI OF $27,000 PER YEAR, AND CAP RATE TO 9% AT ASKING PRICE. OWNER OCCUPANTS MAY OCCUPY ONE OF THE SPACES AND LEASE THE OTHER FOR INCOME.. PARKING IN THE FRONT AND REAR OF THE BUILDING. AVERAGE DAILY TRAFFIC COUNT OF 29,000 CARS. CLOSE TO I-95 and 441.BU-1 Zoning includes permitted uses such as: barber shop, beauty salon, florist shop, grocery food store/market, bakery, apparel store, bicycle sales and repairs (non motorized), dispensing facilities for low THC or medical cannabis, drugstores, restaurants and coffee houses, adult day care center, computer and video store, optical, jewelry, religious church.
    Exterior Features

    Construction Materials Concrete Block Construction Parking Features CommonFree Parking Pool Private YN No Waterfront YN No

    Interior Features

    Building Area Total 1714 Stories Total 1

    Property Features

    Association YN No Business Type Retail Space Documents Available Copy Of Lease(S) Electric 100 Amp Service Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Land Lease YN No Lease Term 1 To 3 Year Lease Listing Terms All CashConventional/RefinanceOwner Will Carry New Construction YN No Ownership Self Proprietor/Individual Public Survey Section 35 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 2978 Water Source Public Year Built Details Resale

    Listing courtesy of The Keyes Company.


    Copyright 2020, 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 2020, 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 2020-08-05T09:43:07.437.
     
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    2000 NW 150th Ave Suite 1100
    Pembroke Pines FL, 33028