909 Miami Beach Blvd North Miami Beach, FL 33162
This exceptional 4,327 square foot office condo, located at 909 N Miami Beach Blvd #201 in North Miami Beach, Florida (zip code 33162), presents a lucrative investment opportunity. The property, encompassing units 201 and 202, is currently tenant-occupied by attorneys, offering immediate cash flow. Built in 1970, this five-story building has undergone a complete renovation, boasting a new elevator, impact windows and doors, a modernized lobby, updated hallways, new flooring, and improved lighting. The building's excellent 6:1 parking ratio caters perfectly to medical practices, legal firms, CPAs, and other businesses requiring high foot traffic and convenient parking. Situated just five minutes from Aventura, this North Miami Beach office building enjoys prominent street-front visibility and substantial potential for future appreciation. The property offers significant upside potential and may be purchased as part of a larger six-unit portfolio. Please note that the tenants should not be disturbed. This is a rare opportunity to acquire a well-maintained, high-demand office space in a thriving location. The asking price is $804,309.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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