For Sale
$165,000

13720 Biscayne BlvdNorth Miami Beach, FL 33181

High-Yield Retail Investment, 880 SF

Overview

Added:
Dec 11, 2024
Days on market:
114

Highlights

  • $165,000 asking price for this 880 SF retail storefront in North Miami Beach, FL.
  • High-traffic location with a strong, established clientele.
  • Recently renovated, Class B property with 5 parking spaces.
  • Currently 100% occupied with a gross lease, credit-rated tenant, and a remaining lease term of 2 years (expiring 01/31/2027).
  • Strong financial performance: $45,000 NOI and a 27.27% cap rate.
  • Single-tenant, value-add investment opportunity.

Property Details for 13720 Biscayne Blvd

Property type
Retail properties, Retail space
Square Feet
880 SF
Class
B
Year Built/Renovated
1977/2024
Buildings
1
Stories
1
Units
1

Location Insight

City
North Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.902715
Longitude
-80.1601056
13720 Biscayne Blvd, North Miami Beach, Florida
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13720 Biscayne Blvd
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