$320,000
$450,000
28.9%For more information regarding the value of a property, please contact us for a free consultation.
3,610 SqFt
SOLD DATE : 08/21/2020
Key Details
Sold Price $320,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,610 sqft
Price per Sqft $88
MLS Listing ID A10658788
Sold Date 08/21/20
HOA Y/N No
Year Built 1961
Annual Tax Amount $4,174
Tax Year 2018
Lot Size 5,350 Sqft
Property Description
The subject property consists of 3,610 square feet sitting on a 5,419 sf lot. Liberal I-1 Industrial zoning allows most industrial uses. This building works perfectly for an owner-user that needs 3,610 square feet or for an investor looking for a strong return. An investor can easily lease this property for $12 a foot net, which would yield $43,320 per year and provide an investor with an above-market capitalization rate of 9.63% on a pro-forma basis. Please call for more information and to schedule a showing.
Location
State FL
County Miami-dade County
Area 21
Exterior
Waterfront No
Parking Type Assigned
Total Parking Spaces 4
Others
Tax ID 08-21-22-017-0320
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Shapiro Real Estate Group
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