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16460 NE 16th Ave, North Miami Beach, FL 33162 (MLS # A10655656)

Posted by wpengine on April 12, 2019 | | 0



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PRICE

$965,000 dsIDX morgage calculator

SIZE n/a

LOT SIZE 12,377 sqft

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.

DAYS ON MARKET 9 LAST UPDATED 4/12/2019
YEAR BUILT 1969 COMMUNITY 22
COUNTY Miami-Dade County STATUS Active
PROPERTY TYPE(S) Commercial

ADDITIONAL DETAILS
AIR Central Individual A/C
AIR CONDITIONING Yes
AREA 22
CONSTRUCTION Concrete Block Construction
EXTERIOR Corner Lot, Corner Unit, In Residential Area, Shopping Center
HEAT No Heat
INTERIOR Miscellaneous: Exterior Lighting
LOT 0.28 acre(s)
PARKING Common Parking,Handicap Parking,Loading Spaces
SEWER Public Sanitation
STORIES 1
STYLE Commercial Retail
TAXES 10684
WATER Public Water
ZONING 6400
MORTGAGE CALCULATOR

   

TOTAL MONTHLY PAYMENT

0

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Listed with One Sotheby's International Realty
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.

This IDX solution is (c) Diverse Solutions 2019.



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