Basic Information

  • MLS # A11152987
  • Type Industrial
  • Status Closed
  • Year Built 1953
  • Total Size 38,425 Sq.Ft / 0.88 Acre
  • Date Listed 01/28/2022
  • Days on Market 251
Description

This pride of ownership condition property was gut renovated to code in 2017. Presently demised into 3 spaces serving Custom Closet Fabricators, and two Interior Design showrooms. This building is ready to hand over needing zero dollars in capex upon acquisition to a new owner, with combined income from very stable tenants, and positive strong cash-flow at under-market rents. This Last Mile zone sector is rife with new development, and is a community of many of our top local investors, artists, caterers, makers, and local investors. This property represents value and utility, in this rapidly growing sector of West Little River. Current GOI of $315,780 annual. 2k SF tenant lease expires 11/23 -- 3.5k SF tenant lease expires 6/23 -- 18,000 SF tenant lease expires 6/23. No options.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Industrial

Interior Features

  • Adjusted Sqft 0.88 AcreSq.Ft
  • Cooling Description Central Air
  • Floor Description Concrete
  • Sqft 0.88 Acre Sq.Ft

Property Features

  • Address 950 NW 72nd St
  • Aprox. Lot Size 38,425
  • Construction Materials Block
  • Furnished Info no
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $27,897
  • Tax Legal desc STEPHENS MANOR PB 14-18 LOTS 16 TO 25 INC BLK 33 LOT SIZE 38425 SQUARE FEET COC 23616-3817 06 2005 1
  • Tax Year 0
  • Type of Property Industrial

950 NW 72nd St

Miami, FL 33150

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Gridline Properties. tel: 786-325-5647

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