Commercial property in Miami, Florida 442.31 sq.m. № 2019034

ID2019034
$ 1 449 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Exceptional investment opportunity delivering a strong cap rate with long-term tenants already in place. All units are on month-to-month leases, providing immediate flexibility to reposition, raise rents, or redevelop in a high-barrier, high-demand market. Built in 1988, this concrete construction with PVC plumbing offers approximately 5,000 sq ft of living area on a 7,500 sq ft duplex-zoned lot. The property provides an impressive footprint and scale that are rarely available in this corridor. Situated in the booming Silver Bluff neighborhood—directly across from Publix and just minutes from COCONUT GROVE AND CORAL GABLES—the location is a premium rental zone with extremely limited affordable inventory. This ensures constant tenant demand and virtually zero vacancy risk. Multi-year tenants provide proven cash-flow stability, while the 3-story new-construction townhomes rising directly behind the property highlight the area’s rapid appreciation. This is a rare opportunity to secure a large, high-performing asset with substantial upside from day one.MLS #: A11920863
Contact the seller
CityMiami
Address2740 SW 23rd St, Miami FL 33145
TypeCommercial property
Living space442.31 m²
- m²
- sq. ft
Completion dateIV quarter, 1988
Parking places6
Price
- Price
- per m²
$ 1 449 000
- EUR €
- USD $
- RUB ₽
- GBP £
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