16155 SW 117th Ave 15, Miami, FL 33177 — MLS photo

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16155 SW 117th Ave 15, Miami, FL 33177

Active · Commercial

$1,195,000

16155 SW 117th Ave 15, Miami, FL 33177

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1989
Lot size
2,050 sq ft
HOA fee
$330
Annual tax
—

About this property

Amazing Opportunity to own this multiple-purpose use Flex space conveniently combining office and warehouse. Strategic location close to FL Turnpike, main highways and Tamiami Executive Airport. This 2-story property with a total of 3,050 sqft features a great layout: as soon as you walk in you see lots of natural light, an elegant glass conference room, a reception area, 2 bathrooms, lunchroom, 3 extra offices and spacious warehouse. Then upstairs you have a sitting room with 3 offices and a large space for anything you need. In total there are 9 areas for office spaces. Easy warehouse access on the back perfect for loading. 2 Assigned parking spaces and additional guest parking. Perfect for med spa, clinical office, insurance company, law offices or any business that requires spacious office space.

Property location

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16155 SW 117th Ave 15, Miami, FL 33177

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Commercial
Year built
1989
Lot size
2,050 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$330
County
Miami-Dade
MLS listing ID
A11921205
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

-$2,668

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.6%
Gross yield
6.6%
Mortgage payment
$5,665/mo
Down payment
$298,750
Loan amount
$896,250
Annual NOI
$35,958

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