Commercial property in Miami, Florida № 1397542

Commercial property in Miami, Florida № 1397542
ID1397542 $ 3 800 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Incredible opportunity to secure a generational asset in the desirable Bird Road Warehouse District. The warehouse spans 11,040+\- sq. ft. including a mix of office & storage areas in each bay. The property sits on an 18,360 sq.ft. corner lot. with ample parking, easy truck access and has a straight shot to and from Bird Rd. Quick access to 826 and a short drive to MIA. The warehouse is currently occupied by a single long-term tenant at below market rate, but is more or less demised into 4 equal bays of 2,760+/- sq.ft. each providing a premium multi-tenant opportunity in the future. Each bay has one 10’x11’ overhead door except the westernmost bay which has two 10’x14’ overhead doors. Do not disturb tenant. Tenant lease runs through February 2026. Contract subject to court approval.
MLS #: A11673644
Miami - Statistics
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ParametersMiami
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 790.09
Apartment (1 bedroom) Outside of Centre$ 2 128.22
Apartment (3 bedrooms) in City Centre$ 5 493.64
Apartment (3 bedrooms) Outside of Centre$ 4 021.04
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 6 504.08
Price per Square Meter to Buy Apartment Outside of Centre$ 4 023.90
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ParametersMiami
Crime Index52.77
Cost of Living and Rent Index72.34
Purchasing Power Index110.61
Property Price to Income Ratio6.06
Safety Index47.23
Traffic CO₂ Index10599.19
Traffic Inefficiency Index233.91
Rent Index68.79
Health Care Index63.43
Groceries Index80.35
Pollution Index38.73
Traffic Commute Time Index42.75
Restaurant Price Index85.25
Climate Index85.69
Cost of Living Index75.27
Quality of Life Index161.01
Traffic Index211.31
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ParametersMiami
Restaurants
Meal, Inexpensive Restaurant$ 26.09
Meal for 2 People, Mid-range Restaurant, Three-course$ 100.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 12.00
Domestic Beer (0.5 liter draught)$ 7.00
Imported Beer (0.33 liter bottle)$ 9.00
Coke/Pepsi (0.33 liter bottle)$ 3.10
Water (0.33 liter bottle) $ 2.46
Cappuccino (regular)$ 5.28
Markets
Milk (regular), (1 liter)$ 1.15
Loaf of Fresh White Bread (500g)$ 3.68
Eggs (regular) (12)$ 4.00
Local Cheese (1kg)$ 14.14
Water (1.5 liter bottle)$ 2.25
Bottle of Wine (Mid-Range)$ 15.00
Domestic Beer (0.5 liter bottle)$ 2.34
Imported Beer (0.33 liter bottle)$ 2.74
Cigarettes 20 Pack (Marlboro)$ 10.35
Apples (1kg)$ 6.08
Chicken Fillets (1kg)$ 11.96
Oranges (1kg)$ 4.68
Potato (1kg)$ 2.56
Lettuce (1 head)$ 2.87
Rice (white), (1kg)$ 4.30
Tomato (1kg)$ 4.94
Banana (1kg)$ 1.88
Onion (1kg)$ 3.29
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 18.22
Transportation
One-way Ticket (Local Transport)$ 2.25
Monthly Pass (Regular Price)$ 113.75
Gasoline (1 liter)$ 0.95
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 35 000.00
Taxi Start (Normal Tariff)$ 4.00
Taxi 1km (Normal Tariff)$ 1.30
Taxi 1hour Waiting (Normal Tariff)$ 24.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 25 759.68
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 161.86
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 66.09
$ 61.62
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 4 342.44
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.64
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 72.33
Tennis Court Rent (1 Hour on Weekend)$ 23.38
Cinema, International Release, 1 Seat$ 15.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 49.41
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 53.33
1 Pair of Nike Running Shoes (Mid-Range)$ 83.68
1 Pair of Men Leather Business Shoes$ 108.67
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 1 202.27
International Primary School, Yearly for 1 Child$ 25 250.00
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
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CityMiami
Address7290 SW 42nd Ter, Miami FL 33155
TypeCommercial property
Completion dateIV quarter, 1966
Parking places12
Price
  • Price
  • per m²
$ 3 800 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £