Interior
- Bathrooms
- 0
Active · SpecialPurpose
$3,000,000
12610 SW 120th St, Miami, FL 33186
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 2006
- Lot size
- 8,538 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
This is a spectacular NNN property investment. The lease has been renewed for another 20 years.The building was built in 2004 and covers 4,280 sqft (lot 8,540 sqft) and is ideally located in the heart of a dense growing Miami-Dade submarket with over 200,000 people living within three miles of the subject property. This is a pad site within the South Kendall Square shopping center that is also anchored by Walgreens, Starbuck’s. The bank location has very high annual deposits. Chase Bank has Occupied the Site since 2005.
Property location
Get Directions12610 SW 120th St, Miami, FL 33186
Loading property location…
Facts & features
Exterior & Structure
- Property type
- SpecialPurpose
- Year built
- 2006
- Lot size
- 8,538 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11639889
- 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.