For Sale
$165,000
13720 Biscayne BlvdNorth Miami Beach, FL 33181
High-Yield Retail Investment, 880 SF
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- $165,000 asking price for this 880 SF retail storefront in North Miami Beach, FL.
- High-traffic location with a strong, established clientele.
- Recently renovated, Class B property with 5 parking spaces.
- Currently 100% occupied with a gross lease, credit-rated tenant, and a remaining lease term of 2 years (expiring 01/31/2027).
- Strong financial performance: $45,000 NOI and a 27.27% cap rate.
- Single-tenant, value-add investment opportunity.
Property Details for 13720 Biscayne Blvd
- Property type
- Retail properties, Retail space
- Square Feet
- 880 SF
- Class
- B
- Year Built/Renovated
- 1977/2024
- Buildings
- 1
- Stories
- 1
- Units
- 1
Location Insight
- City
- North Miami Beach
- County
- Miami-Dade
- State
- Florida
- Latitude
- 25.902715
- Longitude
- -80.1601056
13720 Biscayne Blvd, North Miami Beach, Florida
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