1611 NW 38th St, Miami, FL 33127

Sold

1611 NW 38th St

1611 NW 38th St, Miami, FL 33127 1611 NW 38 St

City:Miami

Land area:5,840 Sq Ft

Property Status: Sold

Martin Bravo martin@apexcapitalrealty.com

Price $843,000

Property Summary

Ceiling Height: +/- 21 Feet

Viable Current Uses: Warehouse-Flex, Office, Retail

Zoning: T6-8-O

Allowed Future Uses: Multi-Family, Office, Retail, Resturant, etc.

Allowed Density: 20 Units (150 du/acre)

Description Amazing opportunity to buy a nearly 3,000 SF flex space in the up coming Allapattah neighborhood at an opportunistic price point. The property boasts an open layout and over 20 foot ceilings, allowing for a wide variety of uses for both investors and owner users. Flex spaces of this size are in incredibly high demand which would allow for a fairly easy lease up of the property.
The property is also located in close proximity to the heart of Miami and has zoning to build up to 8 stories of multi-family or mixed-use development, allowing anyone who purchases it to cash in on the sure appreciation of the area. The property is also located 30 feet above sea level.

Lot & Building Size Breakdown:

Building Size: 2,880 SF

Lot Size: 5,840 SF

Details Property size: 2,880 Sq Ft Property Status: Sold Property Type: Flex Land Area: 5,840 Sq Ft Year Built: 2005

Address City: Miami Neighborhood: Allapattah State/country: FL

Documents Property Brochure download

Listing Agents

Martin Bravo MSIRE – COO / Partner

(305) 967-3615 martin@apexcapitalrealty.com

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1611 NW 38th St, Miami, FL 33127 1611 NW 38 St Flex Martin Bravo 12 months ago $843,000