Miami, FL 33150,950 NW 72nd St
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Miami, FL 33150,950 NW 72nd St
Miami, FL 33150,950 NW 72nd St
Miami, FL 33150,950 NW 72nd St
Miami, FL 33150,950 NW 72nd St

$6,250,000

Est. payment /mo

$6,250,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

950 NW 72nd St Miami, FL 33150

24,104 SqFt

SOLD DATE : 10/06/2022

Key Details

Sold Price $6,250,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 24,104 sqft

Price per Sqft $259

MLS Listing ID A11152987

Sold Date 10/06/22

Style Detached

HOA Y/N No

Year Built 1953

Annual Tax Amount $27,897

Contingent No Contingencies

Lot Size 0.882 Acres

Property Sub-Type Industrial

Property Description

This pride of ownership condition property was gut renovated to code in 2017. Presently demised into 3 spaces serving Custom Closet Fabricators, and two Interior Design showrooms. This building is ready to hand over needing zero dollars in capex upon acquisition to a new owner, with combined income from very stable tenants, and positive strong cash-flow at under-market rents. This Last Mile zone sector is rife with new development, and is a community of many of our top local investors, artists, caterers, makers, and local investors. This property represents value and utility, in this rapidly growing sector of West Little River. Current GOI of $315,780 annual. 2k SF tenant lease expires 11/23 -- 3.5k SF tenant lease expires 6/23 -- 18,000 SF tenant lease expires 6/23. No options.

Location

State FL

County Miami-dade County

Area 31

Direction Google Maps

Interior

Cooling Central Air

Flooring Concrete

Exterior

Total Parking Spaces 24

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Detached

Level or Stories One

Structure Type Block

Others

Tax ID 30-31-11-035-4640

Financing Conventional

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Gridline Properties
Bought with RE/MAX 5 Star Realty
Karina Marx

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

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