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909 N Miami Beach Blvd
North Miami Beach FL 33162 US

$1,488,000

Active Listing ID A11117301
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Built in 1970
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Condominium

$1,488,000

Active Listing ID A11117301
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909 N Miami Beach Blvd Proforma 7.5% Cap Rate Value Add Portfolio of Four(4) Office Condominiums located directly on NE 167 Street, between I95 and Aventura in North Miami Beach. Two of the five units are currently leased, providing a base cash flow-oppty to create strong income renting the remaining units. Unit sizes range from 1, 047 SF - 3, 278 SF. Two units are medical offices. Units may be purchased individually. The Building is renovated completely including new elevator, hurricane impact windows & doors, lobby, hallways, floors, lighting. Excellent parking. This portfolio has significant upside potential, with below market rents.

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Property Features

  • Facts
  • Built in: 1970
  • Property Type: Commercial
  • Property Sub-type: Condominium
  • Features
  • Cooling System: Central A/C
  • Exterior Finish: Block
  • Parking Type: Covered
  • Roof Type: Unknown
  • Heating Systems: Central Furnace
Listing Changed: 9/28/2022 1:38:51 PM GMT
Source Updated Date: 2/7/2023 6:30:03 AM GMT

Courtesy of: Paul Silverstein, RE/MAX Advance Realty, 3054447111

Listing Source - ListHub

Copyright Ā© 2022 MIAMI Association of REALTORSĀ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.