New Construction - Seller Financing
Address
Not Disclosed Miami Beach, FL
Price
$ 8,500,000
Property Attributes
  • MLS#A10683515
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area32
  • Zip33139
  • StyleRetail
  • Year Built1936
  • Taxes104870
  • Price$ 8,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9097
  • Lot Size13,000 SqFt
Listing Provided Courtesy Of:
Finite Real Estate Corp
Property Description

9087+- square feet On South Beach main corridor of Washington Ave. This site is currently 100% leased. Diverse Mix of 6 retail tenants, Three of which are month-to-month long term tenants. Other three tenants have long term lease with 3% annual increases built in. All tenants NNN. One of the most coveted retail locations on South Beach. Excellent CAP RATE with room for improvement. This is a rare opportunity. Seller demands strict confidentiality and that we do not disturb or alarm the Tenants with any indication that property is for sale, so NDA is required before sharing full data. SELLER SAYS SELL! Bring offers!! Seller willing to hold paper.

Price History
6/7/2019 Listed $10,000,000
2/26/2020 5% - $9,500,000
3/1/2020 11% - $8,500,000

General Features

Levels One
MLS Area 32
Property SubType Retail
Property Type CommercialSale
Structure Type Retail
Terms Cash, Conventional, OwnerWillCarry, Other
Year Built Details New Construction
Zoning Description 6400

Interior Features

Living Area 9097.0

Exterior Features

Building Area Total 9097.0
Covered Spaces 0.0
Lot Size Area 13000.0
Lot Size Square Feet 13000.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33139

Price
AVG $5.19M
$8.5M
Taxes
AVG $43,354
$104,870
Visits
AVG 62
158
Year Built
AVG 1952
1936

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