Sold
950 NW 72nd St
Miami FL, 33150
$6,250,000
$259.29 per sqft
Sold
24,104 sqft
Commercial
Built in 1953
This pride of ownership condition property was gut renovated to code in 2017. Presently demised into 3 spaces serving Custom Closet Fabricators, and two Interior Design showrooms. This building is ready to hand over needing zero dollars in capex upon acquisition to a new owner, with combined income from very stable tenants, and positive strong cash-flow at under-market rents. This Last Mile zone sector is rife with new development, and is a community of many of our top local investors, artists, caterers, makers, and local investors. This property represents value and utility, in this rapidly growing sector of West Little River. Current GOI of $315,780 annual. 2k SF tenant lease expires 11/23 -- 3.5k SF tenant lease expires 6/23 -- 18,000 SF tenant lease expires 6/23. No options.
A11152987
MLSⓇ ID
January 24, 2022
Listed
February 15, 2024
Updated
Map
950 NW 72nd St
Miami FL, 33150
Interior Features
Total Stories
1
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Individual A/C
Heating
No
Exterior/Building Features
Lot Size
0.88 Acres
Lot Features
Central Business District, City Location, Corner Lot
Sewer
Public Sanitation
Other Property Details
Taxes
$27,897
Tax Frequency
Annually
Days on Market
164
Garage
No
Parking Total
24
View
No
County
Miami-Dade County
Water Source
Public
Pool
No
Zoning
7100
Buyer Agency Compensation
2.0%
Listing History
Date | Event | Price |
|---|---|---|
11/10/2023 | Sold | $6,250,000 |
Listed by: Gridline Properties
Listing Contact: 305-282-1862
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Data last updated 7:55 AM UTC, 2/15/2024.