1430 131St StNorth Miami, FL 33161

  • Industrial properties
  • 3,970 SF
For Sale
$3,295,000 View listing

Property Details for 1430 131St St

Year built
1948
Construction
CONCRETE
Lot size
0.16 AC
Property size (Sq ft)
3,970 SF
Zone code
7100:INDUSTRIAL,LIGHT MFG
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
06-2229-021-0091
APU
622290210091

Description

This exceptional North Miami industrial property, located at 1430 NE 131st Street, presents a unique investment opportunity. The 2,000 square foot warehouse, built in 1948, is currently operating as a thriving automotive repair facility. Established in 1997, the business boasts a substantial and loyal corporate client base alongside a strong local following, ensuring a consistent revenue stream. The sale includes approximately $135,000 worth of equipment and inventory, providing immediate operational capabilities for a buyer. The property's zoning designation is light/heavy industrial, offering flexibility for continued operation as an automotive repair shop or the potential for repurposing to suit a variety of industrial uses. The property consists of two adjacent parcels, providing additional development potential or operational space. Situated in Miami-Dade County, Florida, with the zip code 33161, this property offers a compelling blend of established business and future development possibilities. The asking price is $3,295,000. This is a rare opportunity to acquire a turnkey business with significant upside potential in a prime North Miami location. The lot size is not specified.

1430 131St St, North Miami, Florida

Location Insight

City
North Miami
County
Miami-dade
State
Florida
Latitude
25.8962
Longitude
-80.17
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,813
$139,420
$370,580
$510,000
-
$139,420
$370,580
$510,000

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