Commercial Real Estate

18331 NE 1st Ave Miami FL 33179

1st Ave, Miami,
    $2,750,000
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    Basics

    • Lot Size Units: Square Feet
    • Building Name: Miami Gardens 4 Bay Industrial, Miami Gardens 4 Bay Industrial
    • Category:
    • Type:
    • Status:
    • Bathrooms: 0
    • Year built: 1968
    • MLS ID: A11522924

    Description

    • Description:

      Potential 9% IRR over 10 years for this Value-add & reposition 4-bay Industrial (IU-1) freestanding warehouse offering off 183rd Street | Miami Gardens Drive, Miami, FL. Increase to market rents as leases turn over. Desirable central location in Miami Gardens submarket across from the Publix Distribution Warehouse and just off I-95 north of the Golden Glades Interchange between Miami & Fort Lauderdale Airports & Ports. Within driving distance to Miami Gardens Square Shopping Mall, MasTec Miami Gardens Service Center, Miami Dade County Transit NE Division, & Walmart Super Center. See attached OM or text name and email to Broker for OM.

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    Property details

    • Total Building Area: 11420
    • Number of Buildings: 1
    • Lot Size Square Feet: 17962
    • Parcel Number: 30-21-01-008-0050
    • Possession: Close Of Escrow
    • Lot Size Acres: 0.41
    • Lot Size Dimensions: 108
    • Lot Size Area: 17962
    • Structure Type: Industrial,Warehouse

    Property Features

    • Parking Features: Free Parking,Guest
    • Security Features: Security System
    • Construction Materials: Block
    • Covered Spaces: 0
    • Electric: 100 Amp Service,220 Volts
    • Flooring: Concrete
    • Parking Total: 12
    • Sewer: Septic Tank
    • Roof: Composition,Wood Trusses
    • Waterfront Y/N: 0
    • Water Source: Public
    • Stories: 1

    Location Details

    • County Or Parish: Miami-Dade County
    • Directions: Please download attached OM and Survey for Review. Leases available during due diligence in contract along with 40 year recert & roof work & warranty documentation.
    • Zoning Description: 7100

    Fees & Taxes

    • Tax Annual Amount: 21222
    • Tax Year: 2023
    • Tax Legal Description: 1 52 41 FULFORDALE ADD NO 1 SEC B PB 9-97 LOTS 8 THRU 11 BLK 1 LOT SIZE 17962 SQUARE FEET OR 18953-1177 1299 5 COC 23533-0449 06 2005 4

    Miscellaneous

    • Public Survey Township: 30
    • Public Survey Section: 1
    • Syndication Remarks: Potential 9% IRR over 10 years for Value-add/reposition 4-bay freestanding warehouse off 183rd Street | Miami Gardens Drive, Miami, FL.
    • Year Built Details: Resale

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    This -type commercial real estate is located in 1st Ave, Miami, was built in 1968, and is listed at $2,750,000.

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