North Miami, FL 33161,505 NE 125th St
North Miami, FL 33161,505 NE 125th St
North Miami, FL 33161,505 NE 125th St
North Miami, FL 33161,505 NE 125th St
North Miami, FL 33161,505 NE 125th St
North Miami, FL 33161,505 NE 125th St
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$ 2,999,000
Est. payment | /mo

3,747 SqFt


$ 2,999,000
Est. payment | /mo

3,747 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

Listed by Fausto Commercial Realty Consultants Inc
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505 NE 125th St