Commercial Real Estate

Basics

Description

  • Description:

    Incredible opportunity on this hot location in Midtown and Wynwood area. Located directly across the street from the Shops at Midtown this site is a corner-to-corner block site 44,577+ square feet not including the alley. Income producing with 15,000+ square feet leasable. Zoned T5-O on the lots fronting Miami Ave. Lots adjacent to the west are T4. . This property is in the Wynwood Norte NRD-2 overlay Ideally located within walking distance to Wynwood, Edgewater, Design District, directly across from the Shops at Midtown. Net income of about $480,000 . Realistic pricing should make you ask further questions on this one of a kind. Over 1 acre of land that could be joined by closing the alley in the rear. Do not wait to have a conversation with us to explore this awesome opportunity.

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Property details

  • Total Building Area: 15021
  • Number of Buildings: 2
  • Lease Term: Other
  • Lot Size Square Feet: 44577
  • Parcel Number: 01-31-25-069-0020
  • Possession: Closing & Funding,Subject To Tenant Rights
  • Road Frontage Type: City Street
  • Lot Size Area: 44577
  • Structure Type: Apartment,Multi Family

Property Features

  • Construction Materials: Block
  • Cooling: Central Air
  • Cooling Y/N: 1
  • Covered Spaces: 0
  • Sewer: Public Sewer
  • Roof: Composition
  • Water Source: Public
  • Stories: 1

Location Details

  • County Or Parish: Miami-Dade County
  • Directions: North Miami Ave to 32nd Street. to N. 33rd Street
  • Zoning Description: 6101

Fees & Taxes

  • Tax Annual Amount: 74950
  • Tax Legal Description: A C SUB PB 119-82 TR B LOT SIZE .56 AC OR 19073-1821 0300 6 (2)

Miscellaneous

  • Public Survey Township: 1
  • Public Survey Section: 25
  • Syndication Remarks: Miami Midtown, Wynwood development site with income. Rare opportunity in the most vibrant area. Over 1 acre of land directly across from Mistown
  • Net Operating Income: 480000

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This -type commercial real estate is located in Miami Ave, Miami, was built in 1935, and is listed at $28,500,000.

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