Contact
Tell us about your needs

1260 NW 29th St, Miami FL 33142

Commercial For Sale
$3,950,000

BTC: 62.30283912

ETH: 1,553.16137150

22 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Eceptional NNN lease opportunity in the vibrant Allapattah neighborhood (33142). The property includes two contiguous properties on two separate folios - 1260 and 1270 NW 29th Street - totaling 11,908 square feet on 16,845 square feet of land. Both properties recently underwent, extensive renovations and are under lease with a roster of stable, handpicked tenants supported by high-quality NNN lease agreements. Both properties occupy 116 feet of linear street-front exposure. providing multiple access and egress points. Zoned D1, this well-maintained property offers an attractive location within a rapidly growing area. Note: Current cap rate at asking price is 5.75. With the future rental of the 1,537 SF vacant space this property will perform at well above a 6% return.

Location

Facts and features

Type:
Commercial Sale
Parking:
Shared Parking
Year Built:
1953
Lot:
16845 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Parking

    • Shared Parking

    Lot

    • Lot: 16845 Square Feet

    Other Property Information

    • Parcel Number: 01-31-26-039-1880

    • Zoning: 7000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $25,660

  • Source details

    • MLS ID: A11649189

    Other facts

    • Lot Features: Central Business District / City Location

    • Water Source: Public

Similar Homes

48 NW 13th Ave, Miami FL 33125 placeholder 48 NW 13th Ave, Miami FL 33125
2 days
For Sale
Commercial
$2,900,000
0 room(s)
48 NW 13th Ave, Miami FL 33125
700 NE 26 Ter # 5502, Miami FL 33137 placeholder 700 NE 26 Ter # 5502, Miami FL 33137
2 days
For Sale
Condo/Co-op
$3,500,000
2 bds 3 ba 2,347 sqft
700 NE 26 Ter # 5502, Miami FL 33137
630 NE 55 ST, Miami FL 33137 placeholder 630 NE 55 ST, Miami FL 33137
2 days
For Sale
House
$4,195,000
3 bds 2 ba 2,032 sqft
630 NE 55 ST, Miami FL 33137
2900 W Flagler St, Miami FL 33135 placeholder 2900 W Flagler St, Miami FL 33135
6 days
For Sale
Commercial
$3,550,000
0 room(s)
2900 W Flagler St, Miami FL 33135
300 N Biscayne Blvd # 4902, Miami FL 33132 placeholder 300 N Biscayne Blvd # 4902, Miami FL 33132
8 days
For Sale
Condo/Co-op
$4,635,000
2 bds 2 ba 2,456 sqft
300 N Biscayne Blvd # 4902, Miami FL 33132
300 Biscayne Blvd Way # 2702, Miami FL 33131 placeholder 300 Biscayne Blvd Way # 2702, Miami FL 33131
8 days
For Sale
Condo/Co-op
$4,995,000
3 bds 3 ba 2,422 sqft
300 Biscayne Blvd Way # 2702, Miami FL 33131
900 Brickell Key Blvd # 2603, Miami FL 33131 placeholder 900 Brickell Key Blvd # 2603, Miami FL 33131
10 days
For Sale
Condo/Co-op
$3,900,000
4 bds 4 ba 3,398 sqft
900 Brickell Key Blvd # 2603, Miami FL 33131
7228 Biscayne Blvd, Miami FL 33138 placeholder 7228 Biscayne Blvd, Miami FL 33138
13 days
For Sale
Commercial
$3,750,000
0 room(s)
7228 Biscayne Blvd, Miami FL 33138

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Gridline Properties