Price Reduced 13.47%

$649,000

Est. Mortgage $3,324/mo *

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Price History

$750,000
12/28/2023

$695,000
2/11/2024

$649,000
4/25/2024

1606 7th, Out of Area, FL, 87701

1606 7th, Out of Area, FL, 87701
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2000

Great investment opportunity.. 4200 sq. ft Storefront space divided into 2 rentable units. Unit A is 1550 sq. st rented to beauty salon, currently in place for over 8 years with current rent at $1,600 monthly. Unit B is 2650 sq ft rented to smoke shop and rented for $2,200 monthly. Gross rental income is $45,600 per year with tenants paying taxes, insurance and repairs on double net lease and yeilding 6% cap. Each unit includes private office, storage, rest area, and plenty of parking. Great location, corner unit on high traffic street. Close to Little Cesar, Starbuck, Taco Bell, Pizza Hut, Walgreens, McDonalds and much more. Located on state highway 518 and minutes to interstate and major railroad...... Owner is willing to entertain offers......

Status:

Active

Type:

Commercial

Units:

2

Garage:

Common

Heating:

Central, Electric

Construction

Block

Days on Market:

127

Lease Term Type:

36 Months

MLS #:

A11505934

Community Info

School Info

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Listing courtesy of Miami Connections Realty LLC Phone: 305-778-8383