13726 Biscayne Blvd North Miami Beach, FL 33181
- Community centers
- 11,754 SF
- 0.73 lot acres
Current Use by Public Records
- Community centers
Property Details for 13726 Biscayne Blvd
- Year built
- 1977
- Construction
- CONCRETE
- Lot size
- 0.73 lot acres
- Property size
- 11,754 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Community centers
- APN
- 07-2221-002-0300
- APU
- 722210020300
Description
This exceptional North Miami Beach storefront, located at 13720 Biscayne Blvd, presents a compelling value-add investment opportunity. The 880-square-foot property, built in 1977 and extensively renovated in 2024, boasts a 100% occupancy rate with a single tenant under a gross lease agreement expiring January 31, 2027 (2 years remaining). The current tenant, a credit-rated business, generates a substantial net operating income (NOI) of $45,000, resulting in an attractive 27.27% capitalization rate. The property includes 5 parking spaces and features modern decor, ideal for a beauty studio or similar business. All financial information is readily available for review. This single-story building sits on a 880 square foot lot and is classified as a Class B retail property. The sale is offered as a tenancy in common and is priced at $165,000. This turnkey investment offers a strong income stream with significant upside potential in a high-traffic area with an established clientele. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Miami Beach
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.16
- Latitude
- 25.903
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
