$6,250,000
$6,250,000
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950 NW 72nd St Miami, FL 33150
24,104 SqFt
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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Bought with RE/MAX 5 Star Realty
