About This Property

Modern Shopping Center available ! Built in 2017, 4 Storefronts, 17 Parking Spaces . Fully Rented. Turnkey Condition. Discover an exceptional investment opportunity in the heart of Miami!. This modern Shopping Center constructed in 2017 offers 4 beautiful storefronts with high ceilings that create bright, open and inviting spaces with newer systems throughout. Rent $2130 Rent $2100 Rent $2250 Rent $2000 Option to renew leases with annual increase

Property Details

MLS #

A12089874

Status

Active

Property Type

Commercial Sale

Sub Type

Mixed Use

Year Built

2017

Days on Market

Stories

Pool

Waterfront

HOA Fee

None

Est. Insurance

$583/mo

Tax Amount

$17,336

Garage

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Lot Size

—

Mortgage Calculator

Down Payment (20%)

$350,000

Principal & Interest$8,849

Property Tax$1,445/mo

HOA Fee$0/mo

Insurance$583/mo

Est. Monthly Total $10,877

Interest Rate

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$12,250

Est. Monthly Rent

0.0%

Cap Rate

-0.2%

Cash-on-Cash

$-859

Net Operating Income

ROI Projections (4% Annual Appreciation)

107%

5-Year ROI

Value: $2,129,143

238%

10-Year ROI

Value: $2,590,427

397%

15-Year ROI

Value: $3,151,651

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

Market Trends

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Avg Price

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Avg Days

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Inventory

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9150 NW 22nd Ave, Miami FL 33147