10393 SW 186th St 1H, Cutler Bay, FL 33157 — MLS photo

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10393 SW 186th St 1H, Cutler Bay, FL 33157

Active · Office

$459,900

10393 SW 186th St 1H, Cutler Bay, FL 33157

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1990
Lot size
—
HOA fee
$248
Annual tax
—

About this property

INCOME PRODUCING OPPORTUNITY 40-Year Recertification process is currently underway and is expected to be completed by 11/30/2026. Priced as the best deal in town two close sales shows the price per sq ft is $246-$276 per SQ FT! This well-located commercial property sits on a busy street directly across from a U.S. Post Office, offering outstanding visibility and steady foot and vehicle traffic. The price is firm. Beginning November 1, the second floor will be leased at an increased rent of $1,700 per month to a stable, reliable tenant, providing immediate income. The first floor, currently rented for $2,300 per month, offering strong additional income potential. The two-story building features separate, independent entrances, making it well suited for a real estate office, law firm, accounting practice, or other professional use, and offers flexibility for both owner-users and investors. Buyers are encouraged to verify permitted uses with the zoning department. All types of financing are accepted. Owner financing is also available: with $300,000 down, the balance may be financed at 6.5% over 12 years, and the seller will pay all closing costs when owner financing is used. The 40-Year Recertification is underway and expected to be completed by November 30/ 2026, and the roof is only three years old. With its prime location, growing rental income, strong income potential, and attractive financing terms, this property is an excellent investment

Property location

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10393 SW 186th St 1H, Cutler Bay, FL 33157

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Office
Year built
1990
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$248
County
Miami-Dade
MLS listing ID
A11934317
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

-$1,148

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.7%
Gross yield
6.6%
Mortgage payment
$2,180/mo
Down payment
$114,975
Loan amount
$344,925
Annual NOI
$12,380

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