Proforma 7.5% Cap rate value. Add Portfolio of six (6) office condominiums located directly on NE 167 Street, between I95 & Aventura in North Miami Beach. Three of the six units are currently leased, providing a base cash flow while giving the astute investor the opportunity to create strong cash flow by renting the remaining units. Unit sizes range from 1,047 SF - 3,278 SF. Several units are already set up as medical offices complete with exam rooms and sinks. Units may be purchased individually. The building has undergone a complete renovation including new elevator, new hurricane impact windows & doors, new lobby, hallways, floors, lighting and other capital improvements. This well-located office building in North Miami Beach, only 5 minutes from Aventura, offers tremendous visibility.
Courtesy of: RE/MAX Advance Realty MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 30th November, 2021 7:50 PM
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