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Retail - for Sale

5631 BISCAYNE BLVD, MIAMI, FL 33137

Asking Price$1,500,000

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  • Lot size 7340sqft
  • Taxes $14,584
  • Year Built 1938
  • Days on market:

    118 day(s)
  • Original Price:

    $1,500,000
  • Tax Legal Description:

    BAYSHORE UNIT NO 3 PB 12-50 LOT 3 BLK 23 LOT SIZE 7340 SQUARE FEET OR 22784-3823 10 2004 1
  • Property Type:

    Retail
  • Parking:

    Guest Garage
  • Lease Term Remaining:

    4 To 6 Year Lease
  • Special Listing Conditions:

    Sale

Description

$1,500,000

Stand-alone building on biscayne blvd. this property offers office or retail space in an unbeatable location. the building is 2,164 sf, and the lot size is 7,340 sf. currently leased until 2027 at triple net, with a net base rent of $66,000 per year. the property is highly visible and has incredible exposure along biscayne boulevard. with nearby iconic projects like the boulevard, a 294-unit luxury apt building; and adela at mimo bay with 236 units; and positioned in one of miami’s coolest low-key neighborhoods, the mimo district; this area has a strong demand for retail spaces.

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