Property Details
| Asking Price | $1,650,000 |
|---|---|
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | Not yet assessed |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1954 |
| MLS # | A12047731 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
From the listing
Listing DescriptionExceptional Mixed-Use Investment Opportunity | Prime North Miami LocationUnlock the potential of this outstanding mixed-use commercial property located in the heart of North Miami. This income-producing asset offers an excellent opportunity for investors seeking stable cash flow with long-term appreciation potential.Currently generating $10,000 per month ($120,000 annually), the property delivers an attractive 5.45% cap rate based on current income and operating expenses. Featuring a combination of commercial and residential components, this asset benefits from multiple income streams and strong demand in one of Miami-Dade County’s most active growth corridors.Property Highlights* Mixed-use investment property* Prime North Miami location* Current Gross Income: $120,000 annually* Estimated NOI: $90,000 annually* 5.45% Cap Rate* Strong visibility and accessibility* Excellent long-term appreciation potential* Ideal for investors completing a 1031 Exchange or expanding their commercial portfolio
Listed by Real Estate Sales Force
Sales History for This Home · 12327 NE 6th Avenue, North Miami, FL 33161
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1773322 | $272,000 | 7/9/13 |
Listed by Real Estate Sales Force. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in North Miami and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.