1260 NORTH WEST 29TH ST, Miami
$3,650,000 USD
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| Address | 1260 NORTH WEST 29TH ST, Miami |
| Type of Property | Mixed Use |
| Type of Business | Office / Warehouse Combination, Professional |
| Business Location | Central Business District,City Location |
| Property Style | Mixed Use |
| Price | $3,650,000 |
| Previous Price | $3,875,000 (48 days ago) |
| Property Status | Active |
| MLS Number | A11649189 |
| Property Size | 16845 |
| Lot Size | 16845 |
| Year Built | 1953 |
| Parking Space Number | 10 |
| Folio Number | 01-31-26-039-1880 |
| Zoning Information | 7000 |
| Days on Market | 384 |
Detailed Description: Eceptional NNN lease opportunity in the vibrant Allapattah neighborhood (33142). The property includes two contiguous properties on two separate folios – 1260 and 1270 NW 29th Street – totaling 11,908 sq.ft on 16,845 sq.ft of land. Both properties recently underwent, extensive renovations and are under lease with a roster of stable, handpicked tenants supported by high-quality NNN lease agreements. Both properties occupy 116 ft of linear street-front exposure. Providing multiple access and egress points. Zoned D1, this well-maintained property offers an attractive location within a rapidly growing area. Note: Current cap rate at asking price is 6.8% at full asking price. With terms acceptable to the seller a 7CAP may be achieved at closing
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33142 |
| Address | 1260 NORTH WEST 29TH ST |
| Business Location | Central Business District,City Location |
| Section | 26 |
| Zip Code (4 Digits) | 6669 |
Financial Information
| Price | $3,650,000 |
| Price per Foot | $0 |
| Previous Price | $3,875,000 |
| Folio Number | 01-31-26-039-1880 |
| Tax Amount | $25,660 |
Full Descriptions
| Detailed Description | Eceptional NNN lease opportunity in the vibrant Allapattah neighborhood (33142). The property includes two contiguous properties on two separate folios – 1260 and 1270 NW 29th Street – totaling 11,908 sq.ft on 16,845 sq.ft of land. Both properties recently underwent, extensive renovations and are under lease with a roster of stable, handpicked tenants supported by high-quality NNN lease agreements. Both properties occupy 116 ft of linear street-front exposure. Providing multiple access and egress points. Zoned D1, this well-maintained property offers an attractive location within a rapidly growing area. Note: Current cap rate at asking price is 6.8% at full asking price. With terms acceptable to the seller a 7CAP may be achieved at closing |
| Water Description | Public |
| Sewer Description | Public Sanitation |
| Parking Description | Shared Parking |
Property parameters
| Living Area | 16845 |
| Lot Size | 16845 |
| Total Acreage | 0.000 |
| Zoning Information | 7000 |
| Maximum Leasable Size | 16845 |
| Year Built | 1953 |
| Type of Property | Mixed Use |
| Type of Business | Office / Warehouse Combination, Professional |
| Style | Mixed Use |
| Street Direction | North West |
| Parking Space Number | 10 |
| Listed with | Gridline Properties |