Doral, FL 33178,9851 NW 58th St #105

$675,000

Est. payment /mo

$715,000

5.6%
Est.Price: ?

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9851 NW 58th St #105 Doral, FL 33178

1,480 SqFt

SOLD DATE : 09/27/2024

Key Details

Sold Price $675,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 1,480 sqft

Price per Sqft $456

MLS Listing ID A11603846

Sold Date 09/27/24

Construction Status Resale

HOA Fees $450/mo

HOA Y/N Yes

Year Built 2005

Annual Tax Amount $6,928

Tax Year 2023

Lot Size 1,480 Sqft

Property Description

Unique investment opportunity in the thriving Doral area. A commercial property is offered for sale with an established tenant, a lease agreement valid until 2026, and an attractive gross return on investment of 7.4% on the sale price. This property is ideal for investors seeking a steady income flow and a strategic location in one of the most dynamic commercial zones in South Florida.
Established Tenant: The property has a tenant with a lease agreement valid until 2026, providing stability and security in the income flow. The contract includes a 5% annual rent increase, ensuring continuous appreciation of monthly income.
Return on Investment: The property generates a gross return of 7.4% on the sale price, representing an excellent profitability opportunity.

Location

State FL

County Miami-dade

Area 30

Interior

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile

Exterior

Waterfront No

Roof Type Concrete

Parking Type Common

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Pre-Cast Concrete

Construction Status Resale

Others

Tax ID 35-30-17-021-0050

Security Features Fire Sprinkler System,Motion Detectors,Smoke Detector(s),Security Guard

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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Listed by Dream Estates Realty Group Corp
Bought with Miami Business Brokers

Matthew Jerry

Team Lead | License ID: BK3219085

+1(954) 290-4447

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