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10393 SW 186th St - 10393 SW 186 ST MIAMI FL 33157 1,900 SF Office Condo Unit Offered at $434,900 in Cutler Bay, FL 33157
Executive Summary
THIS IS THE BEST DEAL IN TOWN. THIS IS A GREAT OPPORTUNITY to own a well-located commercial property with owner financing available with 60% down, and with a full-price offer at 6% interest and 10-year amortization. The property is located on a busy street directly across from a U.S. Post Office, offering excellent visibility along with steady foot and vehicle traffic. The building consists of two floors with separate, independent entrances, making it ideal for a real estate office, law office, accounting firm, or other professional uses, while also providing flexibility for an owner-user or investor; buyers are encouraged to verify permitted uses with the zoning department. The second floor is currently rented for $1,500 per month to a stable and reliable tenant, creating immediate income, and when combined with the prime location and favorable financing terms, this property represents a strong investment and an excellent opportunity to establish or expand a business.
Property Facts
| Total Building Size | 30,000 SF | Typical Floor Size | 10,000 SF |
| Property Type | Flex (Condo) | Year Built | 1990 |
| Property Subtype | Light Manufacturing | Lot Size | 2.93 AC |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Floors | 2 | ||
| Zoning | 7700 - Traditional Euclidean & Standard Urban Centers District Regulations | ||
| Total Building Size | 30,000 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 10,000 SF |
| Year Built | 1990 |
| Lot Size | 2.93 AC |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | 7700 - Traditional Euclidean & Standard Urban Centers District Regulations |
Amenities
- Air Conditioning
1 Unit Available
Unit 10393
| Unit Size | 1,900 SF | Sale Type | Investment or Owner User |
| Price | $434,900 | Cap Rate | 8.40% |
| Price Per SF | $228.89 | NOI | $36,531.60 |
| Condo Use | Office | No. Parking Spaces | 40 |
| Unit Size | 1,900 SF |
| Price | $434,900 |
| Price Per SF | $228.89 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.40% |
| NOI | $36,531.60 |
| No. Parking Spaces | 40 |
Description
THIS IS A GREAT OPPORTUNITY to own a well-located commercial property with owner financing available with 60% down, and with a full-price offer at 6% interest and 10-year amortization. The property is located on a busy street directly across from a U.S. Post Office, offering excellent visibility along with steady foot and vehicle traffic. The building consists of two floors with separate, independent entrances, making it ideal for a real estate office, law office, accounting firm, or other professional uses, while also providing flexibility for an owner-user or investor; buyers are encouraged to verify permitted uses with the zoning department. The second floor is currently rented for $1,500 per month to a stable and reliable tenant, creating immediate income, and when combined with the prime location and favorable financing terms, this property represents a strong investment and an excellent opportunity to establish or expand a business.
Presented by
Best American Realty Corp.
10393 SW 186th St - 10393 SW 186 ST MIAMI FL 33157
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