Miami
$2,550,000 USD
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| Address | Miami |
| Building Name | GENERAL PLAZA |
| Type of Property | Mixed Use |
| Type of Business | Retail Space, Shopping Center |
| Business Location | Central Business District,City Location,Near Airport,Shopping Center |
| Property Style | Mixed Use |
| Price | $2,550,000 |
| Previous Price | $2,850,000 (43 days ago) |
| Property Status | Active |
| MLS Number | A11837406 |
| Property Size | 9760 |
| Lot Size | 9760 |
| Year Built | 1974 |
| Parking Space Number | 14 |
| Folio Number | 01-40-01-003-3021 |
| Zoning Information | 6107 |
| Days on Market | 76 |
Detailed Description: Shopping Center FOR SALE! This commercial building is located in a place where there is a lot of traffic and surrounded by stores like Cvs, Pollo Tropical, Wendys, etc. At the moment of this sale, building will have passed 40 Year Re-Certification that states that building is in good condition. 9 offices in the second floor, plus 5 store fronts, 14 units in total. Cap Rate aprox 4%, . Monthly rents can be increased. Building to hold to appreciate in value, 5 minutes from Miami International Airport. Excellent Opportunity. “Now priced well below its original value, this property is an extraordinary opportunity for savvy buyers. With the potential to be under market value, it offers a rare chance to secure an exceptional investment at a truly remarkable price.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33126 |
| Business Location | Central Business District,City Location,Near Airport,Shopping Center |
| Zip Code (4 Digits) | 4859 |
Financial Information
| Price | $2,550,000 |
| Price per Foot | $0 |
| Previous Price | $2,850,000 |
| Folio Number | 01-40-01-003-3021 |
| Tax Amount | $22,117 |
Full Descriptions
| Detailed Description | Shopping Center FOR SALE! This commercial building is located in a place where there is a lot of traffic and surrounded by stores like Cvs, Pollo Tropical, Wendys, etc. At the moment of this sale, building will have passed 40 Year Re-Certification that states that building is in good condition. 9 offices in the second floor, plus 5 store fronts, 14 units in total. Cap Rate aprox 4%, . Monthly rents can be increased. Building to hold to appreciate in value, 5 minutes from Miami International Airport. Excellent Opportunity. “Now priced well below its original value, this property is an extraordinary opportunity for savvy buyers. With the potential to be under market value, it offers a rare chance to secure an exceptional investment at a truly remarkable price. |
| Year Built Description | Resale |
| How to Reach | 516 NW 57TH AV, In front of Pollo Tropical. |
| Roof Description | Other |
| Floor Description | Vinyl |
| Cooling Description | Central Building A / C |
| Heating Description | Central Building A / C |
| Water Description | Other |
| Sewer Description | Other |
| Parking Description | Assigned, Guest |
Property parameters
| Living Area | 9760 |
| Lot Size | 9760 |
| Total Acreage | 0.000 |
| Zoning Information | 6107 |
| Maximum Leasable Size | 9760 |
| Year Built | 1974 |
| Type of Property | Mixed Use |
| Type of Business | Retail Space, Shopping Center |
| Style | Mixed Use |
| Building Name | GENERAL PLAZA |
| Construction Type | Concrete Block Construction |
| Stories Number | 2 |
| Parking Space Number | 14 |
| Listed with | Florida Realty of Miami Corp |