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909 N Miami Beach Blvd

North Miami Beach, FL 33162
  • $1,488,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: A11117301
$1,488,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

Proforma 7.5% Cap rate value. Add Portfolio of six (6) office condominiums located directly on NE 167 Street, between I95 & Aventura in North Miami Beach. Three of the six units are currently leased, providing a base cash flow while giving the astute investor the opportunity to create strong cash flow by renting the remaining units. Unit sizes range from 1,047 SF - 3,278 SF. Several units are already set up as medical offices complete with exam rooms and sinks. Units may be purchased individually. The building has undergone a complete renovation including new elevator, new hurricane impact windows & doors, new lobby, hallways, floors, lighting and other capital improvements. This well-located office building in North Miami Beach, only 5 minutes from Aventura, offers tremendous visibility.

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Copyright 2021, 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 2021, 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 2021-12-06T23:51:15.477.
www.bestbrowardrealestate.com/homes/122840527
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909 N Miami Beach Blvd North Miami Beach, FL 33162

  • Price: $1,488,000
  • Status: Active
  • On Site: 39 Days
  • MLS #: A11117301
0
Beds
0
Baths
0
½ Baths
0.8
Acres
1970
Built
County:
Miami-Dade
Property Description
Proforma 7.5% Cap rate value. Add Portfolio of six (6) office condominiums located directly on NE 167 Street, between I95 & Aventura in North Miami Beach. Three of the six units are currently leased, providing a base cash flow while giving the astute investor the opportunity to create strong cash flow by renting the remaining units. Unit sizes range from 1,047 SF - 3,278 SF. Several units are already set up as medical offices complete with exam rooms and sinks. Units may be purchased individually. The building has undergone a complete renovation including new elevator, new hurricane impact windows & doors, new lobby, hallways, floors, lighting and other capital improvements. This well-located office building in North Miami Beach, only 5 minutes from Aventura, offers tremendous visibility.
Exterior Features

Construction Materials Concrete Block Construction Inclusions Building & LandFurniture/Fixtures Lot Features Central Business DistrictCity Location Parking Features CommonCovered Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 25000 Building Features Automobile TrafficElevatorHeavy TrafficInside CorridorsLobbyManager On PremisesOfficePrivate Restrooms Cooling Central Building A/C Heating Central Building A/C Stories Total 5 Window Features Clear Impact Glass

Property Features

Association YN No Business Type CondominiumProfessional Cooling YN Yes Documents Available Aerial Photo(S)Bylaws And DocumentsRent Rolls Heating YN Yes 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 Considered YN Yes Lease Term 1 To 3 Year Lease Listing Terms All Cash New Construction YN No Ownership Corporation Public Survey Section 17 Security Features Security Lights Senior Community YN No Sewer Public Sanitation Special Listing Conditions Sale Structure Type Commercial Tax Annual Amount 4619 Water Source Public Year Built Details Resale Zoning 6400

Listing courtesy of Re/Max Advance Realty.


Copyright 2021, 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 2021, 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 2021-12-06T23:51:15.477.
 
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The Teri Arbogast Team at Keller Williams Partners SW
2000 NW 150th Ave Suite 1100
Pembroke Pines FL, 33028