Miami Springs, FL 33166,1 S Royal Poinciana Blvd
$20,172,000
Est. payment /mo
Save
26,947 SqFt
Active

1 S Royal Poinciana Blvd Miami Springs, FL 33166

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
23
Dec
Tue
24
Dec
Wed
25
Dec

UPDATED:

09/30/2024 09:29 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 26,947 sqft

Price per Sqft $748

MLS Listing ID A11441771

HOA Y/N No

Year Built 1945

Annual Tax Amount $29,673

Lot Size 1.527 Acres

Property Description

Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.

Location

State FL

County Miami-dade

Area 41

Others

Tax ID 05-31-19-013-0020

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry


Listed by Dwntwn Realty Advisors LLC

Learn More About LPT Realty

Carlos Gutierrez

Agent | License ID: 3332487

+1(305) 968-4578

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Tour the Home

1 S Royal Poinciana Blvd