FL > Miami
Miami, FL 33170,11601 SW 216 St
Miami, FL 33170,11601 SW 216 St
Miami, FL 33170,11601 SW 216 St
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Bernadette Bunch

Bernadette Bunch

+1(772) 200-4191
$7,900,000
Est. payment /mo
24,624 SqFt
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UPDATED:

09/30/2024 09:42 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 24,624 sqft

Price per Sqft $320

MLS Listing ID A11573040

HOA Y/N No

Year Built 1985

Annual Tax Amount $68,005

Lot Size 2.708 Acres

Property Sub-Type Retail

Property Description

Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Goulds/Cutler Bay area. The shopping center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th St. Tenants include Church's Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied with stable tenants. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New "Southplace City Center" at Southland Mall. A full Offering Memorandum is available upon request.

Location

State FL

County Miami-dade

Area 60

Direction Florida Turnpike Exit 12 at Caribbean Blvd. and head South on US-1 to Signaled Intersection on SW 216th Street. The Shopping Center is on the East side of US-1.

Interior

Cooling Central Air

Exterior

Roof Type Concrete

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Tax ID 30-60-07-000-0250

Ownership Self Proprietor/Individual

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11573040

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Listed by Cruz Commercial Realty, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(772) 200-4191

bernadette@bernadettebunch.com

3591 NW FEDERAL HWY, JENSEN BEACH, Florida, 34957, USA

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11601 SW 216 St