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18331 NE 1st Ave, Miami FL 33179,Miami,Miami-Dade County,Commercial Sale

$2,590,000

Commercial Sale Active

18331 NE 1st Ave, Miami FL 33179

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Commercial Sale Active

18331 NE 1st Ave, Miami FL 33179,Miami,Miami-Dade County,Commercial Sale

18331 NE 1st Ave, Miami FL 33179

$2,590,000

Overview

Industrial
Property Type

1968
Year Built

Description

Potential 12%+ IRR over 10 years for this Value-add & reposition 4-bay Industrial (IU-1) freestanding warehouse offering off 183rd Street | Miami Gardens Drive, Miami, FL. Increase to market rents as leases turn over. Desirable central location in Miami Gardens submarket across from the Publix Distribution Warehouse and just off I-95 north of the Golden Glades Interchange between Miami & Fort Lauderdale Airports & Ports. Within driving distance to Miami Gardens Square Shopping Mall, MasTec Miami Gardens Service Center, Miami Dade County Transit NE Division, & Walmart Super Center. See attached or text name and email to Broker for OM.

Address

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Address 1st Ave
City Miami
State/county Miami-Dade County
Zip/Postal Code 33179

Details

Updated on June 20, 2024 at 2:17 am

Property ID: A11522924
Price: $2,590,000
Land Area: 0.41 Square Feet
Year Built: 1968
Property Type: Industrial
Property Status: Commercial Sale

Additional details

StreetDirPrefix: NE
PublicSurveyRange: 21
CoListAgentDirectPhone: 586-839-9572
ListAgentKey: 6ef48c126a791bf4f518731d195c2a5c
TaxLegalDescription: 1 52 41 FULFORDALE ADD NO 1 SEC B PB 9-97 LOTS 8 THRU 11 BLK 1 LOT SIZE 17962 SQUARE FEET OR 18953-1177 1299 5 COC 23533-0449 06 2005 4
OnMarketDate: 2024-01-29
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-01-29
MajorChangeTimestamp: 2024-05-01T17:28:53.570Z
Flooring: Concrete
PhotosCount: 8
StatusChangeTimestamp: 2024-03-04T05:15:16.320Z
SecurityFeatures: Security System
BuildingName: Miami Gardens 4 Bay Industrial
CoListOfficeName: Douglas Elliman
PriceChangeTimestamp: 2024-05-01T17:28:53.570Z
ListingKeyNumeric: 391198228
MajorChangeType: Price Decrease
ListingContractDate: 2024-01-29
CoListOfficeKey: 19a901c65f9679fc6f87640934311478
Zoning: 7100
ListAOR: A-Miami Association of REALTORS
TaxAnnualAmount: 21222
ListOfficeName: Douglas Elliman
CurrentUse: Industrial
OriginatingSystemKey: miamire
BusinessType: Industrial,Warehouse Space
DualVariableCompensationYN: 1
PhotosChangeTimestamp: 2024-03-04T05:19:28.579Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-677-5000
MlsStatus: Active
StreetNumber: 18331
CoListOfficeMlsId: DEOM10
ListingKey: 6fd6cb7215d0a06eaed4344fa6ff87a0
StateOrProvince: FL
CoListAgentEmail: [email protected]
FrontageLength: 108
ListOfficeKey: 19a901c65f9679fc6f87640934311478
Directions: Please download attached OM and Survey for Review. Leases available during due diligence in contract along with 40 year recert & roof work & warranty documentation.
BridgeModificationTimestamp: 2024-06-20T00:02:09.034Z
ListAgentFullName: Brian Carter
Roof: Composition Roll,Wood Truss/Rafter
ParkingTotal: 12
ListAgentOfficePhone: 305-677-5000
Stories: 1
ParcelNumber: 30-21-01-008-0050
ListingTerms: All Cash,Conventional/Refinance
YearBuiltDetails: Resale
OtherExpense: 0
CoListAgentOfficePhone: 305-677-5000
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3022095
WaterSource: Public
LotSizeDimensions: 108x166
StoriesTotal: 1
ModificationTimestamp: 2024-06-19T23:59:03.157Z
OriginatingSystemID: miamire
PreviousListPrice: 2750000
DaysOnMarket: 122
TransactionBrokerCompensation: 2%
BuyerAgencyCompensationType: %
ListOfficeMlsId: DEOM10
Inclusions: Building & Land,Leases
ListAgentDirectPhone: 305-582-2424
CoListAgentFullName: Anthony Nucci
CoListAgentKey: b8f60344521ec1dc0df93931a25d182a
StreetNumberNumeric: 18331
CoListAgentStateLicense: 3493773
ParkingFeatures: Free Parking,Guest
PostalCodePlus4: 4417
NumberOfUnitsInCommunity: 4
Sewer: Septic Tank
SyndicationRemarks: Potential 12%+ IRR over 10 years for this Value-add & reposition 4-bay Industrial (IU-1) freestanding warehouse offering off 183rd Street | Miami Gardens Drive, Miami, FL. Increase to market rents as leases turn over. Desirable central location in Miami Gardens submarket across from the Publix Distribution Warehouse and just off I-95 north of the Golden Glades Interchange between Miami & Fort Lauderdale Airports & Ports. Within driving distance to Miami Gardens Square Shopping Mall, MasTec Miami Gardens Service Center, Miami Dade County Transit NE Division, & Walmart Super Center. See attached or text name and email to Broker for OM.
StructureType: Industrial
ListAgentStateLicense: 3022095
CoListAgentMlsId: 3493773
PublicSurveyTownship: 21
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 1
SpecialListingConditions: Sale
NumberOfBuildings: 1
OriginalListPrice: 2750000
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
BuyerAgencyCompensation: 2%
TaxYear: 2023
OriginalEntryTimestamp: 2024-01-29T17:01:24.720Z
SourceSystemKey: 391198228
Ownership: Self Proprietor/Individual
LotFeatures: Corner Lot,Near Airport,Near Seaport
ConstructionMaterials: CBS Construction
LotSizeSquareFeet: 17962
Electric: 101-200 Amps,220 Volts
CoListOfficePhone: 305-677-5000
BuildingAreaTotal: 11420
TransactionBrokerCompensationType: %