$4,000,000
$4,300,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
1546 SW 27th Ave Miami, FL 33145
3,600 SqFt
Key Details
Sold Price $4,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $1,111
MLS Listing ID A11159986
Sold Date 02/15/23
Style Detached
HOA Y/N No
Year Built 1963
Annual Tax Amount $33,253
Contingent No Contingencies
Lot Size 0.455 Acres
Acres 0.455
Lot Dimensions 128
Property Sub-Type Retail
Property Description
Incredible opportunity to purchase this hard corner on highly traveled 27th Avenue.
3,600 SF of Retail in place with four tenants. The property is 100% occupied with short term leases in-place.
The building sits on a 19,840 SF lot with coveted T6-8-O zoning, which allows for a wide variety of uses including Residential, Mixed-Use, Hotel and Commercial. This asset offers a great opportunity to generate income until development takes place.
40 & 50 Year Inspections In-Place. The roof was replaced in 2010. Each space has separate AC system, water meter and electric meter.
The property is located minutes away from Coconut Grove, Coral Gables & Downtown Miami. Miami International Airport is 15 minutes away and there is quick access to Dolphin Expressway and I-95.
Location
State FL
County Miami-dade County
Area 41
Exterior
Total Parking Spaces 25
Private Pool Yes
Building
Story 1
Architectural Style Detached
Level or Stories One
Others
Tax ID 01-41-09-005-1700
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
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Bought with Formula Realty, LLC