101-1 NE 54 ST Miami, FL 33137

PROPERTY DESCRIPTION

OPPORTUNITY ZONE - INVESTMENT NNN PROPERTY!! Close to Biscayne Blvd and NE 2nd Ave on a primary NE 54th ST with huge daily traffic. Across from the EASTSIDE RIDGE future development! Amazing 13, 226 SF building on 17, 835 SF land zoned T5-O. FULLY Leased and with incredible development potential ( see Architect Renderings). Cap Rate 6% Great presence on the street for this 1 story property built in 1954 with rare 18 FT ceilings. It is a corner property providing maximum exposure. The back of the building is secured by a high wall and has total privacy!

PROPERTY DETAILS

  • Property Type: Retail
  • Year Built: 1954
  • Lot Size: 17,835 SqFt
  • Built Description: Commercial Retail
  • Stories: 1
  • Parking Type: Shared Parking, Street Parking
  • Flooring: Concrete Floors
  • Total Floors in Building: 1
  • Unit Levels Description: 1
  • Construction: CBS Construction
  • Property Condition: Free Standing, Commercial/Residential Income
  • Cooling System: Central Individual A/C
  • Water: Public Water
  • Sewer: Public Sanitation
  • Parking Spaces: 15
  • County: Miami-Dade County
  • Area: 32
  • Security: Fenced
  • Auction: No
  • Cap Rate: 235000
  • Other Income Description: 201478

MAP LOCATION FOR 101-1 NE 54 ST MIAMI, FL 33137

Directions: Steps away from Mimo and the Biscayne Corridor, Buena Vista, Design District, Midtown, Magic City and Wynwood! Minutes away from I95 and Miami Beach.

SIMILAR LISTINGS NEAR 101-1 NE 54 ST

$3,000,000

119 NE 20th St
Miami, FL 33137

0 BD 0 BA 0 Sq Ft

$3,550,000

2519 NE 2nd Ave
Miami, FL 33137

0 BD 0 BA 0 Sq Ft

$3,796,000

90-10 NE 24th St
Miami, FL 33137

0 BD 0 BA 0 Sq Ft

Listing courtesy of Lewis City Realty Inc
The content relating to real estate for sale on this web site comes in part from the IDX program of the local MLS. This information is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. © SouthEast Florida MLS. All rights reserved. The information provided is for consumers. personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. The data is deemed reliable but is not guaranteed accurate.

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