About This Property

Listing DescriptionExceptional Mixed-Use Investment Opportunity | Prime North Miami LocationUnlock the potential of this outstanding mixed-use commercial property located in the heart of North Miami. This income-producing asset offers an excellent opportunity for investors seeking stable cash flow with long-term appreciation potential.Currently generating $10,000 per month ($120,000 annually), the property delivers an attractive 5.45% cap rate based on current income and operating expenses. Featuring a combination of commercial and residential components, this asset benefits from multiple income streams and strong demand in one of Miami-Dade County’s most active growth corridors.Property Highlights* Mixed-use investment property* Prime North Miami location* Current Gross Income: $120,000 annually* Estimated NOI: $90,000 annually* 5.45% Cap Rate* Strong visibility and accessibility* Excellent long-term appreciation potential* Ideal for investors completing a 1031 Exchange or expanding their commercial portfolio

Key Features

• 3,325 sq ft Lot
• Built in 1954

Property Details

• Type: Single Family Home
• Year Built: 1954
• Lot Size: 3,325 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 3,325 sq ft Lot
• Feature: Built in 1954
• Status: Active
• MLS Number: 1176433768
• Days on Market: 111
• Listed By: Real Estate Sales Force · Harry F Andrade
• Zip Code: 33161