• Listing status icon

    $2,000,000

  • Active-Available | MLS#: A10077144
  • 0.11Acre

1960 NE 123rd St North Miami, FL 33181

Favorite
Share
Close
Info Visit Virtual Tour Search

Overview

4,680 Sq. Ft strip plaza that sits on .25 acres of land. Plaza provides great visibility and frontage. Situated in a residential community surrounded by high-rise condos and apartments. Property was built in 1973 and is composed of 6 bays and is 100% occupied with long-term leases. The current rental rates in this plaza are well below market, which provides upside for the new owner.

Listing provided courtesy of: Century 21 KoRes

General Features

  • County Miami-Dade County
  • Property Type Commercial/Industrial
  • Style of Property Income Non-Waterfront
  • Building Name 1
  • Information Available Aerial Photo(S),Photos,Rent Rolls
  • Maximum Leasable SqFt 4680
  • Parking Description Covered Parking, Free Parking, Handicap Parking
  • # of Parking Spaces 24
  • Tax Year 2013
  • Tax Amount $9,506
  • Listing Status Active-Available
  • Special Information Corporation Owned Property
  • Source of Expenses Owner Provided
  • Property SqFt 4,680
  • Property Description STRIP PLAZA
  • Location of Property City Location
  • Sale Includes Building and Land, Leases, Other Sale Includes
  • Short Sale No
  • REO No

Building Features

  • Construction Type Cbs Construction
  • Roof Description Concrete
  • Floor Description Ceramic Floor, Tile Floors
  • Bays 6
  • Cooling Description Central Individual A/C
  • Heating Description Central Individual A/C
  • Year Built 1973
  • # of Units 6
  • # of Stories 1
  • Type of Building Shopping Center

Property Features

  • Buildings 1
  • Electric Service 110 Volts, 220 Volts
  • Water Description Public Water
  • Sewer Description Public Sanitation
  • Acreage Description 1+ To 2 Acres
  • Environmental Audit Unknown
  • Insurance Expense $2,000
  • Total Acreage 0.25
  • Miscellaneous Information Exterior Lighting, Landscaped, Office, Restaurant
  • Lease Term Info 1 To 3 Year Lease
  • Net Operating Income $83,400
  • Gross Scheduled Income $100,800
  • Road Type Four Lane
  • Tenant Pays A/C and Heating Maintenance, Exterior Electric, Fire Liability Insurance, Janitorial, Telephone, Water

Ask a Question

Price & Status History

Days on Market

  • This property has been listed on the market for 260 days
  • Average days-on-market for homes between $1,600,000 - $2,400,000 = 186 (in zip code 33181)

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

Get the Walk Score Report

Home Valuation

Get the Home Value Report
Share Report

Share this report with a friend

Get Monthly Update

Save my Home Value Report

Updated report will be emailed every 4 weeks.

Ask A Question

Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 33181 (North Miami)

  • Housing Occupancy

    Home Owners
    3,727
    36%
    Renters
    4,016
    39%
    Vacant
    2,605
    25%
    Total Housing Units
    10,348
  • Households

    Average Household Size
    2.28
    Housing Density (People per square mile)
    5,773

Age Range (number of people)

Age 0-14
3,423
Age 15-24
1,964
Age 25-39
3,151
Age 40-59
4,974
Age 60-79
3,673
Age 80+
1,405
Total
18,590

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33181 (North Miami)

Public Schools in Zip Code 33181 (North Miami)

* This list of schools may not match the property above.

  • DAVID LAWRENCE JR. K-8 CENTER
    15000 BAY VISTA BLVD NORTH MIAMI, FL 33181
    Phone: 3053542600
    PreK-8th
  • Grade Size Distribution
    • PreK
    • 18
    • Knd
    • 143
    • 1st
    • 134
    • 2nd
    • 148
    • 3rd
    • 151
    • 4th
    • 137
    • 5th
    • 115
    • 6th
    • 129
    • 7th
    • 160
    • 8th
    • 128
    • Teachers: 85
    • Students per Teacher: 14.9
    • Students: 1263
    • Male/Female: 624/602
    • District: DADE, 1450 NE 2ND AVE 912 MIAMI, FL 33132
    • Phone: 3059951430
    • Schools: 557
    • Full-Time Teachers: 22384
    • Students per Teacher: 15.4
    • Staff: 38954
    • Students: 345525
  • NATURAL BRIDGE ELEMENTARY SCHOOL
    1650 NE 141ST ST NORTH MIAMI, FL 33181
    Phone: 3058918649
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 62
    • Knd
    • 87
    • 1st
    • 93
    • 2nd
    • 96
    • 3rd
    • 122
    • 4th
    • 89
    • 5th
    • 105
    • Teachers: 47
    • Students per Teacher: 13.9
    • Students: 654
    • Male/Female: 342/307
    • District: DADE, 1450 NE 2ND AVE 912 MIAMI, FL 33132
    • Phone: 3059951430
    • Schools: 557
    • Full-Time Teachers: 22384
    • Students per Teacher: 15.4
    • Staff: 38954
    • Students: 345525
  • Private Schools in Zip Code 33181 (North Miami)

    * This list of schools may not match the property above.

    • Beth Moshe Congregation
      2225 NE 121st St. North Miami, FL 33181
      Phone: 3058915508
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 71
      • Knd
      • 9
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 80

    * School data provided by US Department of Education


All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional