Interior
- Bathrooms
- 0
Active · Retail
$3,000,000
1525-27 NW 3rd Ave, Miami, FL 33136
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1941
- Lot size
- 3,536 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
CITY CLUB BUILDING OVERTOWN MIAMI IS NOW ENTIRELY LEASED FOR $25.00 PER SQUARE NNN. STRATEGIC LOCATION WITH STRONG GROWTH AND REDEVELOPMENT ALL AROUND. IDEAL FOR INVESTORS, DEVELOPERS OR BUSINESS OWNERS. EASY ACCESS TO DOWNTOWN MIAMI, WYNWOOD AND MAJOR HIGHWAYS. POSITIONED IN A HIGH-DEMAND, RAPIDLY EVOLVING AREA. WITH 50% DOWN PAYMENT OWNER WILL HOLD PURCHASE MONEY FRIST MORTGAGE AT 5% PERCENT INTEREST BALOON 5 YEARS.
Property location
Get Directions1525-27 NW 3rd Ave, Miami, FL 33136
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Facts & features
Exterior & Structure
- Property type
- Retail
- Year built
- 1941
- Lot size
- 3,536 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11142248
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$5,872
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $14,222/mo
- Down payment
- $750,000
- Loan amount
- $2,250,000
- Annual NOI
- $100,200
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.