11851 W Dixie Hwy, Miami, FL 33161 — MLS photo

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11851 W Dixie Hwy, Miami, FL 33161

Active · SpecialPurpose

$1,250,000

11851 W Dixie Hwy, Miami, FL 33161

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1948
Lot size
8,000 sq ft
HOA fee
—
Annual tax
$5,804

About this property

After 26 years of "good faith" service, Vaval's Auto Care, the iconic Auto Service Shop that you can not miss, located at the corner lot of the intersection at NW 119th Street and W Dixie Hwy, near Miami Shores, in North Miami, it is "For Sale" and along with the real estate are the licenses, providing the possibility to continue the lucrative auto service industry, that offers, but is not limited to, tire sales, stereo/ auto alarm, window tinting, A/C service, oil, and brake change. Secure a corner lot for your business without rent hikes or being "Sold Out" to investors from under you.

Property location

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11851 W Dixie Hwy, Miami, FL 33161

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
SpecialPurpose
Year built
1948
Lot size
8,000 sq ft

Parking

Covered spaces
0

HOA, Community & Financials

Association fee
$0
Annual tax
$5,804
County
Miami-Dade
Days on market
195
MLS listing ID
A11922073
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

-$951

Cap rate
4.8%
Net yield
4.8%
Cash-on-cash return
-3.3%
Gross yield
6.6%
Mortgage payment
$5,926/mo
Down payment
$312,500
Loan amount
$937,500
Annual NOI
$59,696

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