7374 SW 93rd Ave B, Miami, FL 33173 — MLS photo

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7374 SW 93rd Ave B, Miami, FL 33173

Active · Condominium

$1,600,000

7374 SW 93rd Ave B, Miami, FL 33173

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2005
Lot size
2,570 sq ft
HOA fee
$1,785 Monthly
Annual tax
$18,144

About this property

Versatile office condominium ideal for medical or professional use. Features 10 assigned covered parking spaces and is moderately and beautifully decorated. The space is currently divided into two separate offices—one occupied by the owner and the other leased, providing additional income. This flexible layout allows an owner-user to occupy part of the space while generating rental income, or to combine both units into one larger operation. Suitable for a wide range of professional businesses. Total area is 2,756 sq ft, including balcony, as per architect’s plan. Conveniently located approximately 1½ miles from Baptist Hospital, minutes from South Miami, and with easy access to major expressways.

Property location

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7374 SW 93rd Ave B, Miami, FL 33173

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Facts & features

Interior

Bathrooms
0
Flooring
Tile
Cooling
Central Air
Heating
Central, Electric

Exterior & Structure

Property type
Condominium
Year built
2005
Lot size
2,570 sq ft
Roof
Tile
Construction
Block

Parking

Covered spaces
0
Parking features
Assigned, Covered

HOA, Community & Financials

Association fee
$1,785 Monthly
Security
Smoke Detectors
Annual tax
$18,144
County
Miami-Dade
Days on market
40
MLS listing ID
A11951912
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

-$3,895

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.4%
Gross yield
6.6%
Mortgage payment
$7,585/mo
Down payment
$400,000
Loan amount
$1,200,000
Annual NOI
$44,276

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