Miami, FL 33168,Address not disclosed
Miami, FL 33168,Address not disclosed
Miami, FL 33168,Address not disclosed
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$4,850,000
Est. payment /mo
9,265 SqFt

UPDATED:

11/21/2024 06:14 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,265 sqft

Price per Sqft $523

MLS Listing ID A11606667

HOA Y/N No

Year Built 1972

Annual Tax Amount $12,364

Tax Year 2023

Property Description

The property is a two-story office building located adjacent to I-95, which sees
approximately 240,000 cars daily. It is currently divided into thirty-three individual
salons, each ranging from 90 to just under 200 square feet. The second floor is
fully stabilized, while the first floor is in the lease-up stage. Once fully stabilized,
this property is projected to generate $500,000 in gross income annually.
Additionally, the site is prime for redevelopment, with the potential to expand up
to four stories.

Location

State FL

County Miami-dade

Area 21

Exterior

Total Parking Spaces 40

Others

Tax ID 30-21-36-018-2560

Ownership Corporation

Security Features Security System,Fire Sprinkler System,Smoke Detector(s)


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Listed by RE/MAX 360 Real Estate

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"Our goal is to leave you with a purchase or sale experience that is unsurpassed. We realize that buying a home is one of her clients biggest financial decisions and guiding you along that journey is a responsibility we take very seriously. Whether you seek the picturesque suburban enclaves of West Broward or the breathtaking intracoastal views of Fort Lauderdale, we have the market know-how to pinpoint the next best property that perfectly aligns with your lifestyle. "

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