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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.
Miami Residence will connect you with an agent in a short time.
FOR SALE DETAILS
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Photo Count1
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Property Type
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SqFt Total11908
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Terms ConsideredAll Cash
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