Miami, FL 33142

Property

Ownership: Corporation
Type: Unknown

Financials

Price:$750,000
Annual Taxes:$5,355
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of The Keyes Company

Mixed use investment opportunity with strong in place income and three established tenants generating a total of 6, 200 month 74, 400 annually.

Description

Mixed-use investment opportunity with strong in-place income and three established tenants generating a total of $6,200/month ($74,400 annually). The property includes a fully remodeled 3-bedroom / 2-bath residential unit currently leased for $2,700/month, an industrial warehouse space leased to a scooter sales business for $2,000/month, and a separate storage/efficiency unit producing $1,500/month. Both the residential unit and warehouse have been fully renovated, including replacement of the plywood subflooring on the residential side and extensive upgrades throughout the warehouse. Centrally located with strong rental demand and multiple income streams, making it an attractive stabilized investment. Showings by appointment only. Please contact the listing agent for additional information.

Amenities

  • Fenced
  • SmokeDetectors

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.