Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

This Corner strip center is off a high traffic street & is comprised of 5 units with great visibility. First time on the market in 25 years! Less than half a mile from super Walmart & close to the beaches & Aventura. Neighborhood regentrifying w/ 1k new units under construction. Possible upside potential includes adding a second story & an opportunity for rent increases. Across the street from Ampitheater & newly built North Miami recreational park that supplies high demand to the shopping center. Units are in good condition. The building passed 40-year inspection. New a/c in 3 units & the roof was reroof @ 90% in 2022. Tenants are a gourmet specialty food shop (Indian), Latin restaurant, day spa, barber shop, & nail salon. Owner is property manager & looking to retire. 16 parking spaces!

Features
: Central Individual A/c
: 16
: Handicap Parking
: Exterior Lighting
: 110 Volts Power, 220 Volts, Separate Meters
: Tile, Concrete
: Corner Unit, Corner Lot, Shopping Center, In Residential Area
: Common, Loading Spaces
: Concrete
: Public Sanitation
Address Details
FL
Miami-Dade County
North Miami Beach
33162
16460 NE 16th Ave
0
Other
: Concrete Block Construction
142
: Building & Land
: 1 To 3 Year Lease
: All Cash, Cash
: City Street
1
: Sale
1
: Free Standing
$13,353
: Public
6400

Commercial Sale For Sale

16460 NE 16th Ave, North Miami Beach, Florida 33162

12,377 Sqft
$2,150,000
Listing ID #A11165015
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11165015
Price : $2,150,000
Year Built : 1969
Lot Area : 12,377 Sqft
Building Area : 4,520 Sqft
Status : Active
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