101 NE 54th St

Creole District, Miami, FL 33137

$2,995,000
Commercial / Office

Property Description

Excellent opportunity zone investment property generating 5.7% Cap rate! Property is located in a Opportunity zone with great benefits, corner freestanding building on 54th street with high daily traffic. Many great developments in the area increasing the value of the neighborhood. 18 FT Ceilings and plenty of parking in the back, side and front of the building. Property is fully rented generating 190K per year with excellent tenants. Development opportunity, sold with approved plans for a great 5 stories development great opportunity that wont last! Development plans + offering memorandum attached. Contact us for a private showing today!
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PROPERTY DETAILS

  • Exterior
    .41 Acres
  • Property Type
    Commercial / Office
  • MONTHLY REAL ESTATE TAX
    $3,590
  • ANNUAL REAL ESTATE TAX
    $43,077
  • Year Built
    1954
  • MLS/Listing ID
    A10932200

Amenities

  • Central Air Conditioning
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BUILDING/PROPERTY DETAILS

  • Air Conditioning
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