Commercial Property for Sale in FL Florida 33181
North Miami, FL, North Miami, Florida 33181
$1,650,000
4.06% cap rate Listed Jul 9, 2024
4,080 sqft
Lot
1999
Built
4
Units
Class B
Class
About this property
Commercial Property for Sale in FL Florida 33181 is a retail for sale in North Miami, Florida, listed at $1,650,000. Key details: year built 1999, lot size 4,080 sqft, total units 4, building class Class B. Listed by Brian Zoberg of Suncoast Business Consultants on LoopingCloud and last updated March 20, 2025.
Rare opportunity to purchase a free-standing subdivided retail building on one of the most heavily traveled areas of North East Dade, Miami. Falling under multiple overlays the site allows for an increased density of 100 dwelling unit to the acre, allowing for a max of 32 units on this site. Approval and plans already in place. Renderings available for qualified prospects. Currently rented to 4 retail tenants who are on month to month leases and paying below market rent. End Parcel lot currently vacant. This property is best seen as a solid covered land play for a developer looking to ultimately take advantage of the strong redevelopment incentives while capitalizing on the in-place income for short-term or stable annual rentals in the meantime as the neighborhood continues to grow and thrive. SELLER FINANCE WILL BE CONSIDERED.
Key highlights
- Shopping Center
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Business Opportunities
| Company | Business type | Contact | Phone | |
|---|---|---|---|---|
| BAY TITLE COMPANY | Title Services | ALANA Supraski | (305) 692-8886 |
Property details
Key facts
- Year Built
- 1999
- Lot Size
- 4,080 sqft
- Total Units
- 4
- Building Class
- Class B
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $67,000
- Financing
- Third Party Financing
- Investment Property
- Vacant investment property
- Business Available for Sale
- Yes
Investment snapshot
4.06%
Cap rate
$67,000
Net operating income
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,650,000 | - | - | - | - |
Features and amenities
Property Other Use Types
- Shopping Center
Location
Address as shown by the lister.
Get directionsAbout this area - Miami
- Population
- 17,694
- Housing units
- 8,675
- Land area
- 4.2 sq mi
- County
- Miami Dade
Frequently asked questions
What is the asking price of Commercial Property for Sale in FL Florida 33181?
Commercial Property for Sale in FL Florida 33181 is listed at $1,650,000. The stated cap rate is 4.06%.
Where is Commercial Property for Sale in FL Florida 33181 located?
The property is in North Miami, FL, North Miami, Florida 33181, Miami Dade County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The lot is 4,080 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Brian Zoberg of Suncoast Business Consultants listed this property. Use the Request Info button to send a message or call (305) 301-2443.
When was this listing published?
It was published on July 9, 2024 and last updated on March 20, 2025.
Listing information
- Listing ID
- CL-Florida-10886
- Published
- Jul 9, 2024
- Last updated
- Mar 20, 2025
- Views
- 587
- Status
- Sold
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