FL > Miami
Miami, FL 33170,11601 SW 216 St
Miami, FL 33170,11601 SW 216 St
Miami, FL 33170,11601 SW 216 St
Miami, FL 33170,11601 SW 216 St
Miami, FL 33170,11601 SW 216 St
Miami, FL 33170,11601 SW 216 St
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Andrea Smith

Andrea Smith

+1(404) 447-1935
$ 7,900,000
Est. payment | /mo

24,624 SqFt

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$ 7,900,000
Est. payment | /mo
Save Virtual Tour

24,624 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 24,624 sqft

Price per Sqft $320

MLS Listing ID A11573040

HOA Y/N No

Year Built 1985

Annual Tax Amount $68,005

Lot Size 2.708 Acres

Property Sub-Type Retail

Property Description

Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Goulds/Cutler Bay area. The shopping center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th St. Tenants include Church's Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied with stable tenants. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New "Southplace City Center" at Southland Mall. A full Offering Memorandum is available upon request.

Location

State FL

County Miami-dade

Area 60

Direction Florida Turnpike Exit 12 at Caribbean Blvd. and head South on US-1 to Signaled Intersection on SW 216th Street. The Shopping Center is on the East side of US-1.

Interior

Cooling Central Air

Exterior

Roof Type Concrete

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 30-60-07-000-0250

Ownership Self Proprietor/Individual

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11573040

Listed by Cruz Commercial Realty, LLC

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agent
Andrea Smith

Broker | License ID: 383400

+1(404) 447-1935

5555 Glenridge Conn Ste. 200, Atlanta, Georgia, 30342, United States

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11601 SW 216 St