2787m² Commercial property in Miami, USA No. 62403

. 30,000 Square Foot lot ( 2787 sq m ) – Rare Miami Asset, Building is 6942 sq ft ( 645 sq m ), with nine units and four tenants.
the first tenant has 3 units, the second tenant has 1 unit, the third tenant has 3 units, and the fourth tenant has 2 units.
Bird Road Redevelopment Opportunity BRCUAD
Max Density 80 Units of living – Max Height 8 Stories, if the buyer wishes to redevelop the property, it has the opportunity to go to 8 stories with mixed-use or single-use,
mix use would be 80 units living and retail, with no restrictions on the amount of retail, or full retail with no restrictions on sq m.
100% occupied – All current leases terminate in 2025
No front setback (grandfathered in), Covered Land Play Project, Direct egress from Bird Rd, Excellent Visibility, Multiple points of egress
Zoned mixed-use corridor (MC)
$85,000 Average Household Income, 65,000 cars per day traffic count
2020 complete Renovation – new roof, underground electrical, connected to city sewer, all new electrical panels, new plumbing,
impact glass storefronts, outside seating area, new parking lot with 52 spaces, and all exterior led lighting.
property directly next to this one is under construction, will be a medical building and it is on the market for 24 Millon, the land size is 15000 sq ft
(1393 sq m) half of what we have here.

WE ARE WILLING TO FINANCE THE PROPERTY WITH A DOWN PAYMENT OF AT LEAST 7.5MM

THE BALANCE WOULD BE OWNER FINANCING WHICH IS MUCH FASTER AND LEAST EXPENSIVE FOR BOTH BUYER AND SELLER.

ABOUT THE AREA

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MAiN FEATURES:

• 2787 m2
• Sitting tenants in Place
• Guaranteed Rental Returns
• Great Investment Opportunity

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