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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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Lot: 0.80 acre
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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 six (6) office condominiums located directly on NE 167 Street, between I95 & Aventura in North Miami Beach. Three of the six units are currently leased, providing a base cash flow while giving the astute investor the opportunity to create strong cash flow by renting the remaining units. Unit sizes range from 1, 047 SF - 3, 278 SF. Several units are already set up as medical offices complete with exam rooms and sinks. Units may be purchased individually. The building has undergone a complete renovation including new elevator, new hurricane impact windows & doors, new lobby, hallways, floors, lighting and other capital improvements. This well-located office building in North Miami Beach, only 5 minutes from Aventura, offers tremendous visibility.

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Property Features

  • Facts
  • Built in: 1970
  • Lot Size: 0.80 acre
  • Property Type: Commercial
  • Property Sub-type: Condominium
  • Features
  • Cooling System: Central A/C
  • Exterior Finish: Block, Concrete Block
  • Parking Type: Covered
  • Roof Type: Unknown
Listing Changed: 11/1/2021 1:06:28 AM GMT
Source Updated Date: 1/17/2022 6:30:21 AM GMT

Courtesy of: Paul Silverstein, RE/MAX Advance Realty

Listing Source - ListHub

Copyright Ā© 2021 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.