505 NE 125th St new

North Miami,FL 33161

$ 2999000

- Bed

0 Bath

3747 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,747 sqft

Price per Sqft $800

MLS Listing ID A11728096

Style Detached

HOA Y/N No

Year Built 1968

Annual Tax Amount $38,999

Lot Size 10,700 Sqft

Property Description

Stand-alone retail building totaling 3,700 sq ft on a 10,700 sq ft lot fronting 125 St and NE 5 Ave and a development hot spot. Underlying C-3 zoning allowing for a multitude of vertical development. Currently rented to a national tenant on a Double Net Term. FDOT car count stands at over 30,000 per day, what that means to you is that any tenant/occupant will benefit from a high car count. Property is currently leased out to a national tenanting an exploding industry with several years left on the lease.

Nearby projects include a 466 unit storage development on 146 street, an 8 story multifamily development and a nearly 1300 multifamily/mixed use development.

40 Year certificationn complete

Location

State FL

County Miami-dade

Area 22

Exterior

Total Parking Spaces 15

Building

Architectural Style Detached

Others

Tax ID 06-22-30-025-0260

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