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12327 NE 6th AVE North Miami, FL 33161
3,397 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,397 sqft
Price per Sqft $485
MLS Listing ID A12047731
HOA Y/N No
Year Built 1954
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Mixed Use
Property Description
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
Location
State FL
County Miami-dade
Area 2220
Zoning 6000
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Free Parking
Others
Tax ID 0622300320321
Listed by Harry F Andrade Real Estate Sales Force