1601 NW 119 St, North Miami, FL 33167 — MLS photo

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1601 NW 119 St, North Miami, FL 33167

Active · BusinessOpportunity

$1,900,000

1601 NW 119 St, North Miami, FL 33167

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1954
Lot size
—
HOA fee
—
Annual tax
$15,580

About this property

Incredible investment opportunity! High-visibility gas station and C-store on busy corner lot with strong traffic and exposure. Fuel is not currently sold, it is tenant-occupied M2M, C-store providing immediate cash flow. Land included, environmental cleanup being handled by seller. Buyers may choose their own gas brand offering full rebranding flexibility. Endless potential to expand add car wash, mechanic shop, EV station or other services. Ideal for owner-operator or investor with vision.

Property location

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1601 NW 119 St, North Miami, FL 33167

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Facts & features

Interior

Bathrooms
0
Cooling
Central Air
Heating
Central, Electric

Exterior & Structure

Property type
BusinessOpportunity
Year built
1954
Construction
Block

Parking

Covered spaces
0
Parking features
Accessible Parking

HOA, Community & Financials

Security
Smoke Detectors
Annual tax
$15,580
County
Miami-Dade
Days on market
1295
MLS listing ID
A11298850
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

-$2,009

Cap rate
4.4%
Net yield
4.4%
Cash-on-cash return
-4.5%
Gross yield
6.6%
Mortgage payment
$9,007/mo
Down payment
$475,000
Loan amount
$1,425,000
Annual NOI
$83,980

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.