For Sale
$3,950,000
1260 29Th StMiami, FL 33142
Allapattah NNN Lease Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Exceptional mixed-use investment opportunity in Miami's Allapattah neighborhood (33142).
- Two contiguous buildings totaling 7,622 square feet on a 0.23-acre lot (16,845 sq ft) for $3,950,000.
- Recently renovated with a desirable NNN lease structure and stable tenants.
- 116 feet of street frontage, 145 feet deep, with a city-maintained service alley providing multiple access points.
- Zoned D1, with a current 5.75% cap rate, projected to exceed 6% with lease-up of remaining vacant space.
Property Details for 1260 29Th St
- Property type
- Mixed-use properties
- Square Feet
- 7,622 SF
- Year Built
- 1953
- Buildings
- 2
Location Insight
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Latitude
- 25.8029169
- Longitude
- -80.2166919
1260 29Th St, Miami, Florida
Nearby Similar for Sale
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