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16385 Biscayne Blvd - NNN Retail

1,910 SF Retail Unit Offered at £957,823 in North Miami Beach, FL 33160

Investment Highlights

  • Located at The Harbour Condo
  • Proximity to many major residential developments
  • vacant 2nd generation gym
  • also available for lease

Executive Summary

North Miami is a suburban city located in northeast Miami-Dade County, Florida, United States, about 10 miles north of Miami. The city lies on Biscayne Bay and hosts the Biscayne Bay Campus of Florida International University, and the former North Miami campus of Johnson & Wales University that will see new development soon.

Property Facts

Price £957,823
Unit Size 1,910 SF
No. Units 1
Total Building Size 874,405 SF
Property Type Residential (Unit)
Property Subtype Apartment
Sale Type Investment
Building Class A
Number of Floors 33
Typical Floor Size 12,074 SF
Year Built 2019
Lot Size 4.05 AC
Parking Ratio 0.01/1,000 SF

1 Unit Available

Unit CU-1

Unit Size 1,910 SF
Price £957,823
Price Per SF £501.48
Unit Use Retail
Sale Type Investment
Net Initial Yield 5.37%
NOI £51,477.62
No. Parking Spaces 5
Description

North Miami is a suburban city located in northeast Miami-Dade County, Florida, United States, about 10 miles north of Miami. The city lies on Biscayne Bay and hosts the Biscayne Bay Campus of Florida International University, and the former North Miami campus of Johnson & Wales University that will see new development soon.

Sale Notes

Located at The Harbour Condo
Space: CU-1
5 Parkings
Tenant in place: Quicky Markets
Lease term 5 years
3% annual increase

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Washer/Dryer
  • Heating
  • Double Vanities
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Dock
  • Freezer
  • Office
  • Recreation Room

Site Amenities

  • 24 Hour Access
  • Business Centre
  • Controlled Access
  • Concierge
  • Fitness Centre
  • Picnic Area
  • Playground
  • Pool
  • Security System
  • Spa
  • Tennis Court
  • Car Wash Area
  • Grill
  • Laundry Service
  • Package Service
  • Pet Play Area
  • Bicycle Storage
  • Lift
  • Lounge
  • Maintenance on site

zoning

Zoning Code Commercial (Commercial & Retail)
Commercial (Commercial & Retail)
  • Listing ID: 27811085

  • Date on Market: 22/02/2023

  • Last Updated:

  • Address: 16385 Biscayne Blvd, North Miami Beach, FL 33160

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