Commercial Real Estate

Basics

  • Lot Size Units: Square Feet
  • Building Name: Miami Gardens 4 Bay Industrial, Miami Gardens 4 Bay Industrial
  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Year built: 1968
  • MLS ID: A11522924

Description

  • Description:

    Potential 9% IRR over 10 years for this Value-add & reposition 4-bay Industrial (IU-1) freestanding warehouse offering off 183rd Street | Miami Gardens Drive, Miami, FL. Increase to market rents as leases turn over. Desirable central location in Miami Gardens submarket across from the Publix Distribution Warehouse and just off I-95 north of the Golden Glades Interchange between Miami & Fort Lauderdale Airports & Ports. Within driving distance to Miami Gardens Square Shopping Mall, MasTec Miami Gardens Service Center, Miami Dade County Transit NE Division, & Walmart Super Center. See attached OM or text name and email to Broker for OM.

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Property details

  • Total Building Area: 11420
  • Number of Buildings: 1
  • Lot Size Square Feet: 17962
  • Parcel Number: 30-21-01-008-0050
  • Possession: Close Of Escrow
  • Lot Size Acres: 0.41
  • Lot Size Dimensions: 108
  • Lot Size Area: 17962
  • Structure Type: Industrial,Warehouse

Property Features

  • Parking Features: Free Parking,Guest
  • Security Features: Security System
  • Construction Materials: Block
  • Covered Spaces: 0
  • Electric: 100 Amp Service,220 Volts
  • Flooring: Concrete
  • Parking Total: 12
  • Sewer: Septic Tank
  • Roof: Composition,Wood Trusses
  • Waterfront Y/N: 0
  • Water Source: Public
  • Stories: 1

Location Details

  • County Or Parish: Miami-Dade County
  • Directions: Please download attached OM and Survey for Review. Leases available during due diligence in contract along with 40 year recert & roof work & warranty documentation.
  • Zoning Description: 7100

Fees & Taxes

  • Tax Annual Amount: 21222
  • Tax Year: 2023
  • Tax Legal Description: 1 52 41 FULFORDALE ADD NO 1 SEC B PB 9-97 LOTS 8 THRU 11 BLK 1 LOT SIZE 17962 SQUARE FEET OR 18953-1177 1299 5 COC 23533-0449 06 2005 4

Miscellaneous

  • Public Survey Township: 30
  • Public Survey Section: 1
  • Syndication Remarks: Potential 9% IRR over 10 years for Value-add/reposition 4-bay freestanding warehouse off 183rd Street | Miami Gardens Drive, Miami, FL.
  • Year Built Details: Resale

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This -type commercial real estate is located in 1st Ave, Miami, was built in 1968, and is listed at $2,750,000.

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