16460 NE 16th Ave

    North Miami Beach, FL 33162
    • $1,350,000
    • STATUS: Active
    • ON SITE: 99 days
    • MLS #: A10655656
    UPDATED: 34 min ago
    $1,350,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    22
    Type:
    Commercial
    Built:
    1969
    County:
    Area:
    22

    School Ratings & Info

    Description

    This Corner strip center is off a high traffic street and is comprised of 5 units with great visibility. First time on the market in 25 years. Less than a half a mile from super Walmart and close to the beaches and Aventura. Neighborhood re-gentrifying with 1k new units under construction. Possible upside potential includes adding a second story and an opportunity for rent increases. Across the street from amphitheater and newly built North Miami recreational park that supplies high demand to the shopping center. Units are in good condition. The building passed 40-year inspection. New a/c units in 4 units. Long term tenants are a gourmet specialty food shop (Indian), Latin restaurant, day spa, barber shop, and a nail salon. Owner is the property manager and is retiring.

    Monthly Payment Calculator



    Copyright 2019, 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 2019, 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 2019-07-21T12:40:46.47.
    www.bestbrowardrealestate.com/homes/93665097

    16460 NE 16th Ave North Miami Beach, FL 33162

    • Price: $1,350,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: A10655656
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1969
    Built
    Neighborhood:
    22
    County:
    Miami-Dade
    Area:
    22
    Property Description
    This Corner strip center is off a high traffic street and is comprised of 5 units with great visibility. First time on the market in 25 years. Less than a half a mile from super Walmart and close to the beaches and Aventura. Neighborhood re-gentrifying with 1k new units under construction. Possible upside potential includes adding a second story and an opportunity for rent increases. Across the street from amphitheater and newly built North Miami recreational park that supplies high demand to the shopping center. Units are in good condition. The building passed 40-year inspection. New a/c units in 4 units. Long term tenants are a gourmet specialty food shop (Indian), Latin restaurant, day spa, barber shop, and a nail salon. Owner is the property manager and is retiring.
    Exterior Features

    Construction Type Concrete Block Construction Num Loading Doors 0 Num Parking Spaces 16 Parking Description Common ParkingHandicap ParkingLoading Spaces Roof Description Concrete Roof Waterfront Property Yn No

    Interior Features

    Ceiling Description Acoustical Cooling Description Central Individual A/C Floor Description Concrete FloorsTile Floors Heating Description No Heat Interior Ceiling Height 10.0000 Maximum Ceiling Height 0.0000 Num Offices 0

    Property Features

    Approximate Lot Size 12377 Electric Service 110 Volts Power220 Volts PowerSeparate Meters Flood Zone AeX For Lease Yn No For Sale Yn Yes Information Available Aerial Photo(S)DeedCopy Of Lease(S) Lease Term Info 1 To 3 Year Lease4 To 6 Year LeaseAnnual Lease Location Of Property Corner UnitCorner LotIn Residential AreaShopping Center Num Bays 0 Num Tenants 5 Ownership Corporation Reo YN No Sale Includes Building & Land Section 17 Sewer Description Public Sanitation Short Sale Yn No Special Assessment Yn No Special Information Corporation Owned Property Style Of Property Commercial Retail Tax Amount 10684 Tax Year 2018 Terms Considered All CashConventional/Refinance Typeof Property Commercial Water Description Public Water Year Built Description Resale

    Listing courtesy of One Sotheby's International Realty.


    Copyright 2019, 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 2019, 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 2019-07-21T12:40:46.47.
     
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