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    170 NW 24th St

    Miami, FL 33127
    • $6,500,000
    • STATUS: Active
    • ON SITE: 400 days
    • MLS #: A10833234
    UPDATED: 56 min ago
    $6,500,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,880
      SQFT
    • $1,105
      $/SQFT
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    The subject property is comprised of a 6,000 SF of building on a combined 10,500 SF of land. The two contiguous parcel offering includes both 170 NW 24 St & 165 NW 23 St, constituting dual frontage on two of Wynwood's highly activated streets. In-place income from three fully entitled restaurant tenants, the largest and longest-running of which is at dramatically below market rate. The estimated 6.6% cap rate on a 2.5 year proforma is grounded in rental rates already being achieved in the Wynwood sub-market. All impact fees have been paid. Tenant's are separately metered for both electric and water. Exclusively represented by Central Commercial Real Estate

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    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-04-17T22:41:44.023.
    www.buyingsoflo.com/homes/104106784
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    170 NW 24th St Miami, FL 33127

    • Price: $6,500,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: A10833234
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    5,880
    SQFT
    $1,105
    $/SQFT
    County:
    Miami-Dade
    Property Description
    The subject property is comprised of a 6,000 SF of building on a combined 10,500 SF of land. The two contiguous parcel offering includes both 170 NW 24 St & 165 NW 23 St, constituting dual frontage on two of Wynwood's highly activated streets. In-place income from three fully entitled restaurant tenants, the largest and longest-running of which is at dramatically below market rate. The estimated 6.6% cap rate on a 2.5 year proforma is grounded in rental rates already being achieved in the Wynwood sub-market. All impact fees have been paid. Tenant's are separately metered for both electric and water. Exclusively represented by Central Commercial Real Estate
    Exterior Features

    Construction Materials Concrete Block Construction Pool Private YN No Roof Concrete View YN No Waterfront YN No

    Interior Features

    Adjusted Square Footage 5880 Building Area Total 6000 Flooring Concrete

    Property Features

    Association YN No Business Type Commercial/Residential IncomeRestaurant/Bar Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes New Construction YN No Public Survey Section 25 Senior Community YN No Special Listing Conditions Sale

    Listing courtesy of Central Commercial Real Estate.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-04-17T22:41:44.023.
     
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    GK Realty Group LLC
    1401 N University DR #407
    Coral Springs FL, 33071