16460 NE 16th Ave

    North Miami Beach, FL 33162
    • $1,350,000
    • STATUS: Active
    • ON SITE: 243 days
    • MLS #: A10655656
    $1,350,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1969
    County:

    School Ratings & Info

    Description

    This Corner strip center is off a high traffic street and is comprised of 5 units with great visibility. First time on the market in 25 years. Less than a half a mile from super Walmart and close to the beaches and Aventura. Neighborhood re-gentrifying with 1k new units under construction. Possible upside potential includes adding a second story and an opportunity for rent increases. Across the street from amphitheater and newly built North Miami recreational park that supplies high demand to the shopping center. Units are in good condition. The building passed 30-year inspection. New a/c units in 4 units. Long term tenants are a gourmet specialty food shop (Indian), Latin restaurant, day spa, barber shop, and a nail salon. Owner is the property manager and is retiring.

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-12-11T23:42:32.05.
    www.rileysmithgroup.com/homes/93665097

    16460 NE 16th Ave North Miami Beach, FL 33162

    • Price: $1,350,000
    • Status: Active
    • MLS #: A10655656
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1969
    Built
    County:
    Miami-Dade
    Property Description
    This Corner strip center is off a high traffic street and is comprised of 5 units with great visibility. First time on the market in 25 years. Less than a half a mile from super Walmart and close to the beaches and Aventura. Neighborhood re-gentrifying with 1k new units under construction. Possible upside potential includes adding a second story and an opportunity for rent increases. Across the street from amphitheater and newly built North Miami recreational park that supplies high demand to the shopping center. Units are in good condition. The building passed 30-year inspection. New a/c units in 4 units. Long term tenants are a gourmet specialty food shop (Indian), Latin restaurant, day spa, barber shop, and a nail salon. Owner is the property manager and is retiring.
    Exterior Features

    Construction Materials Concrete Block Construction Lot Features Corner UnitCorner LotIn Residential AreaShopping Center Parking Features CommonLoading Spaces Parking Total 16 Pool Private YN No Roof Concrete Waterfront YN No

    Interior Features

    Building Area Total 4520 Building Features Exterior Lighting Cooling Central Individual A/C Flooring ConcreteTile Heating None Stories Total 1

    Property Features

    Accessibility Features Handicap Parking Association YN No Business Type Strip Store Cooling YN Yes Documents Available Aerial Photo(S)DeedCopy Of Lease(S) Electric 110 Volts Power220 VoltsSeparate Meters Heating YN No Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Land Lease YN No Lease Term 1 To 3 Year Lease Listing Terms All CashConventional/Refinance New Construction YN No Ownership Corporation Public Survey Section 17 Senior Community YN No Sewer Public Sanitation Special Listing Conditions Sale Tax Annual Amount 10684 Tax Year 2018 Water Source Public Year Built Details Resale

    Listing courtesy of One Sotheby's International Realty.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-12-11T23:42:32.05.
     
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