1260 NW 29th St, Miami FL 33142

$3 950 000

CONTACT AN AGENT
345 of 345 FOR SALE
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    Legal Description:

    1260 29th St, Miami, FL, Miami-Dade County, 33142

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    Listed on:

    Feb 22, 2023

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    Occupancy:

    n/a

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    Taxes:

    $12,692 per year

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    Floor Description:

    ---

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    Year Built:

    1953

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    Zoning:

    ---

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    Days on Market:

    92

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    Parking:

    Yes

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    Tax Year:

    2022

1260 29th St, Miami, FL, Miami-Dade County, 33142

1260 NW 29th St, Miami FL 33142

Eceptional NNN lease opportunity in the vibrant Allapattah neighborhood (33142). The property includes two contiguous properties on two separate folios – 1260 and 1270 NW 29th Street – totaling 11,908 square feet on 16,845 square feet of land. Both properties recently underwent, extensive renovations and are under lease with a roster of stable, handpicked tenants supported by high-quality NNN lease agreements. Both properties occupy 116 feet of linear street-front exposure. providing multiple access and egress points. Zoned D1, this well-maintained property offers an attractive location within a rapidly growing area. Note: Current cap rate at asking price is 5.75. With the future rental of the 1,537 SF vacant space this property will perform at well above a 6% return.

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FOR SALE DETAILS

  • Photo Count
    1
  • Property Type
  • SqFt Total
    11908
  • Terms Considered
    All Cash

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