8163 NE 2nd Ave $7,750,000
- 10,000 sq. ft.
- 0.41 Acres
- Commercial
- MLS# A11153429
Listing provided courtesy of: Coldwell Banker Realty
Go Tour This Listing
Thursday
30
Jun
Friday
01
Jul
Saturday
02
Jul
Sunday
03
Jul
Monday
04
Jul
Tuesday
05
Jul
Wednesday
06
Jul
Thursday
07
Jul
Friday
08
Jul
Saturday
09
Jul
Sunday
10
Jul
Monday
11
Jul
Tuesday
12
Jul
Wednesday
13
Jul
Thursday
14
Jul
Friday
15
Jul
Saturday
16
Jul
Sunday
17
Jul
Monday
18
Jul
Tuesday
19
Jul
Wednesday
20
Jul
Thursday
21
Jul
Friday
22
Jul
Saturday
23
Jul
Sunday
24
Jul
Monday
25
Jul
Tuesday
26
Jul
Wednesday
27
Jul
Thursday
28
Jul
Friday
29
Jul
Saturday
30
Jul
Sunday
31
Jul
Monday
01
Aug
Tuesday
02
Aug
Wednesday
03
Aug
Thursday
04
Aug
Friday
05
Aug
Saturday
06
Aug
Sunday
07
Aug
Monday
08
Aug
Tuesday
09
Aug
Wednesday
10
Aug
Thursday
11
Aug
Friday
12
Aug
Saturday
13
Aug
Sunday
14
Aug
Monday
15
Aug
Tuesday
16
Aug
Wednesday
17
Aug
Thursday
18
Aug
Friday
19
Aug
Saturday
20
Aug
Sunday
21
Aug
Monday
22
Aug
Tuesday
23
Aug
Wednesday
24
Aug
Thursday
25
Aug
Friday
26
Aug
Saturday
27
Aug
Sunday
28
Aug
Monday
29
Aug
Tuesday
30
Aug
Wednesday
31
Aug
Thursday
01
Sep
Friday
02
Sep
Saturday
03
Sep
Sunday
04
Sep
Monday
05
Sep
Tuesday
06
Sep
Wednesday
07
Sep
Thursday
08
Sep
Friday
09
Sep
Saturday
10
Sep
Sunday
11
Sep
Monday
12
Sep
Tuesday
13
Sep
Wednesday
14
Sep
Thursday
15
Sep
Friday
16
Sep
Saturday
17
Sep
Sunday
18
Sep
Monday
19
Sep
Tuesday
20
Sep
Wednesday
21
Sep
Thursday
22
Sep
Friday
23
Sep
Saturday
24
Sep
Sunday
25
Sep
Monday
26
Sep
Tuesday
27
Sep
Property Details
10,000 SF of commercial property located in the upcoming Little River neighborhood. Situated on a beautiful corner lot of 17,000 SF zoned T6-8-0 with building rights of up to 14 floors. Property completely leased out at an average $38/SF NNN agreements with potential upside in rent prices up to $45/SF NNN. Proforma Net operating income (NOI) $374k a year (5% CAP). Diversified and dynamic mix of tenants including a bakery, office, medspa, gallery, fitness center, and retail. Property is within Opportunity Zone. Over $2.5Million equity in renovation and development invested in the project. Modern design with 24 ft ceilings, private garden, and adjacent parking lot with 19 spots. Near the Citadel food market, shops, galleries, and many new trendy restaurants.
-
General Features
- Waterfront Y/N false
- Year Built 1947
- Association Y/N false
- Private Pool Y/N false
- Senior Community Y/N false
-
Building Features
- Building Area Total 10000
Contact
Neighborhood
33138 (Miami) Demographics
39 Median Age
4,524 Population Density (per sq. mile)
49% College Educated
$50,863 Estimated Median Income
5,733 Estimated Total Home Owners
6,320 Estimated Total Renters
48% / 52% Estimated Owner / Renter Divide
2 Estimated Average Household Size
29,163 Total Population
Community data courtesy of LiveBy, Inc.
Market Last 30 Days In This Postal Code
$700,000
Median Sales Price
31
Homes Sold
79
New On Market
Average Days on Site
Properties for Sale
Calculations provided by Reliance Network
Property History
| Date | Price |
|---|---|
| -- | New Value: $7,750,000 |
| 5/13/2022 4:09:06 PM | New Value: $7,750,000 |
| 2/15/2022 12:08:00 PM | New Value: $7,500,000 |
Payment Calculator
$0 per month
Year Fixed,
Interest
Principal and Interest
$0
Property Taxes
Homeowners' Insurance
* This payment calculator is intended for educational and planning purposes only.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
All rights reserved by the Miami MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.