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237 NW 12Th Ave Miami, FL 33128

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For Sale
$2,600,000

Two-story retail strip center in Miami's Little Havana.

Property size:
8,000 SF
Lot size:
0.20 Acres

Property Features for 237 NW 12Th Ave

General Information

Size
8,000 SF
Lot size
0.20 Acres

Source: Marcus & Millichap | Miami Agent Jonathan De La Rosa

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Little Havana Retail Strip Center

The property at 237 NW 12th Avenue is a two-story retail strip center located in the Little Havana submarket of Miami. The property has a size of approximately 8,000 square feet. It is comprised of 10 small bay units, each approximately 800 square feet in size, offering flexible configurations. The property is suitable for local service and retail tenants. Currently, all tenants are on month-to-month leases and paying below-market rents, averaging $14 per square foot. This presents a value-add opportunity for an investor to reposition the tenancy and increase rental income to market levels.
Insight Report Location Intelligence

Current Use by Public Records

Bonitillo Styles Barber ... Barber Shop J & C Offices Accounting Firm A Woman's Health Center Abortion Clinic Por vida tattoos Tattoo Shop Aniurmy’s Fantasy Nails ... Nail Salon

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.214486
Latitude
25.776223

FAQs

What type of property is this?
Strip mall - Two-story retail strip center in Miami's Little Havana.
Where is this strip mall located?
The property is located at 237 NW 12Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: - Value-add opportunity: Significant rental income upside by increasing below-market rents to market levels.; - Located in the heart of Miami's Little Havana submarket.; - Two-story retail strip center.
More about this property
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