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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

17325 NW 27TH AVE, MIAMI GARDENS, FL 33056

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Multi Family - Clearview Shops for Sale

17325 NW 27TH AVE, MIAMI GARDENS, FL 33056

Asking Price$6,998,000

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  • Days on market:

    89 day(s)

  • Original Price:

    $6,998,000

  • Tax Legal Description:

    10 52 41 .90 AC M/L MYRTLE GROVE 2ND ADDN PB 65-103 S137.99FT OF N487.99FT OF PARCEL A LOT SIZE IRREGULAR OR 20793-4230 1002 1 F/A/U 30-2110

  • Property Type:

    Multi Family

  • Parking:

    Free ParkingCommon

  • Inclusions:

    Building & Land

  • Construction Type:

    Concrete Block Construction

  • Special Listing Conditions:

    Sale

  • Lot Features:

    City Location Shopping Center

Description

$6,998,000

Investment highlights: building size 24,964 sq ft, lot size 39,204 sq ft, year built 1989, 97% occupied, first time on market in over 20 years, recently re-roofed, new led lighting, new surveillance cameras throughout the property, new, led monument sign, 85 parking spaces, 1 elevator, 2 staircases. strong and stable cash flow for potential investors. upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases. triple net leases. annual escalations providing strong rent growth for a potential buyer. the investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood.
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