2010 Miami, FL ^$ 18,500,000

2010

^$ 18,500,000

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2010

Miami, FL, 33127

^$ 18,500,000

Studio Baths0.0 Sq 26,274

Monthly Estimate*

^$ 129,228

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Studio

Commercial Property for sale in Miami, FL

for $18,500,000. This 26,274 square foot building was built in 1938 on a lot size of 0.451102.

This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood’s Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood’s SE Quadrant. Several significant new projects such as CIM Group’s Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global’s fashionable Arlo Hotel, are located within only a block or two of the property. Current tenants in place-

Commercial Active

Price

^$ 18,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 26,655

Style

MixedUse

Lot Size

0.451102

Year Built

1938

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11317463

Features

General

Possession ClosingFunding

Year Built 1938

Property SubType MixedUse

County Miami-Dade County

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

City Miami

Buyer Agent Compensation 2%

View Y/N N

Senior Community Y/N N

Zoning Description 6101

MLS Area 31

Lot Size Square Feet 19650.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Miami Ct

Listing Terms Cash

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 26655.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11317463

Days on Market 387

Structure Type Office Warehouse

Standard Status Active

Occupancy Description Tenant

Legal Description 25 53 41 PB 6-68 R/S JOHNSON & WALDDELLS ADD LOT 5 BLK 12 & E1/2 OF ALLEY LYG W & ADJ CLOSED PER ORD 13492 LOT SIZE 6550 SQ FT M/L

Exterior

Parking Features Assigned FreeParking OnStreet

Lot Size Area 19650.0

Number of Buildings 3

Spa N

Building Area Total 26274.0

Lot Size Units SquareFeet

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 2010

* Excluded Features

List By

One Sotheby's International Re

Broker

mtaskiran@onesothebysrealty.com

Affordability Calculator

$131,449

Per Month

Monthly Principal & Interest: $129,228
Monthly Property Taxes: $2,221
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Miami, FL

Average List Price ^$2,162,043

Percent of Sale Price 88%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/19/2022	$18,500,000		Listed Price

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2010, Miami, FL, 33127 is a Commercial Property for sale at $18,500,000 with 26,274 sqft and a lot size of 0.451102. 2010 is a studio with 0.0 baths and was built in 1938. The property's zip code is 33127 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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2010

Commercial Property for sale in Miami, FL

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