Price Reduced 13.47%
Price History
$750,000
12/28/2023
$695,000
2/11/2024
$649,000
4/25/2024
1606 7th, Out of Area, FL, 87701
2000
Great investment opportunity.. 4200 sq. ft Storefront space divided into 2 rentable units. Unit A is 1550 sq. st rented to beauty salon, currently in place for over 8 years with current rent at $1,600 monthly. Unit B is 2650 sq ft rented to smoke shop and rented for $2,200 monthly. Gross rental income is $45,600 per year with tenants paying taxes, insurance and repairs on double net lease and yeilding 6% cap. Each unit includes private office, storage, rest area, and plenty of parking. Great location, corner unit on high traffic street. Close to Little Cesar, Starbuck, Taco Bell, Pizza Hut, Walgreens, McDonalds and much more. Located on state highway 518 and minutes to interstate and major railroad...... Owner is willing to entertain offers......
Status:
Active
Type:
Commercial
Units:
2
Garage:
Common
Heating:
Central, Electric
Construction
Block
Days on Market:
127
Lease Term Type:
36 Months
MLS #:
A11505934
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Listing courtesy of Miami Connections Realty LLC Phone: 305-778-8383