825 Brickell Bay Dr 3CL32, Miami, FL 33131 — MLS photo

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825 Brickell Bay Dr 3CL32, Miami, FL 33131

Active · Condominium

$975,000

825 Brickell Bay Dr 3CL32, Miami, FL 33131

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1968
Lot size
261,000 sq ft
HOA fee
—
Annual tax
—

About this property

Extremely Rare Opportunity to Own a commercial space in the Lobby of the Four Ambassadors. Absolutely the best value on Brickell. A-Plus tenured Tenant with a 4 1/2 year Lease in place. Tenant is a successful Market / Deli operator with beer & wine license open from 7:00 a.m. until midnight. The underlying Real Estate ONLY is for Sale.

Property location

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825 Brickell Bay Dr 3CL32, Miami, FL 33131

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Condominium
Year built
1968
Lot size
261,000 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11936088
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

-$1,908

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$4,622/mo
Down payment
$243,750
Loan amount
$731,250
Annual NOI
$32,570

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