5
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$3,990,000
Est. payment /mo
4,912 SqFt
Price Dropped by $260K
2223 SW 13th Ave Miami, FL 33145
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UPDATED:
12/13/2024 12:50 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,912 sqft
Price per Sqft $812
MLS Listing ID A11678959
Construction Status Resale
HOA Y/N No
Year Built 1988
Annual Tax Amount $16,469
Lot Size 3,068 Sqft
Lot Dimensions 120
Property Description
Seize the opportunity to own this fully leased, income-producing gem at 2223 SW 13th Ave, Miami. Boasting 4,912 Sq. Ft. of prime leasable space in the vibrant Coral Way district, this turnkey investment offers effortless management with two tenants on long-term, expense-covering leases, generating over $220K in net income annually with a solid 5% Cap Rate and 4.5% yearly rent increases. The property’s strategic location provides direct access to Brickell, Downtown, Coral Gables, and the airport. Recent upgrades, including a new roof and impact windows, ensure minimal future maintenance. Don’t miss out on this exceptional, high-yield asset poised for growth. Seller Financing Available at Competitive Terms.
Location
State FL
County Miami-dade
Area 41
Interior
Flooring Concrete
Exterior
Roof Type Other
Building
Story 2
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-39-007-2780
Security Features Security System,Fenced,Other
Acceptable Financing Cash, Conventional, Cryptocurrency, Owner May Carry
Listing Terms Cash, Conventional, Cryptocurrency, Owner May Carry
Listed by FI Real Estate Brokerage LLC
Learn More About LPT Realty