1240 NW 74th St Miami, FL $ 10,500,000
1240 NW 74th St
$ 10,500,000
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1240 NW 74th St

Miami, FL, 33147
$ 10,500,000
Baths0.0 Sq 29,475

Monthly Estimate*

$ 73,346

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1240 NW 74th St, Miami, FL 33147 - Image 8
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1240 NW 74th St, Miami, FL 33147 - Image 10
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View a Virtual Tour
Studio

Commercial Property for sale in Miami, FL

for $10,500,000. This 29,475 square foot building was built in 1961 on a lot size of 1.48159.

The warehouse has 18 foot ceilings with 14 foot clear heights and features an expansive open layout with a large outdoor area, featuring two loading ramps, one with dock height accessibility, and a third loading dock in the back of the property. The property has six roll up doors. It also has numerous industrial fans and the main section of the warehouse and office space are under AC. There is parking at the front of the building as well. The building is 100% sprinklered. The property is currently owner-occupied by a successful movie, tv, event, and advertisement prop business. Included with the property is the full inventory of the business. The business nets approximately $1.1 million per year. The property is located in a Qualified Opportunity Zone.

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Commercial Active

Price

$ 10,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 37,460

Style

Industrial

Lot Size

1.48159

Year Built

1961

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11556539

Features
General
Year Built 1961
Property SubType Industrial
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 1.5%
View Y/N N
Senior Community Y/N N
Zoning Description 7100
MLS Area 31
Lot Size Square Feet 64538.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 74th St
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 37460.0
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/A11556539
Days on Market 0
Structure Type Warehouse
Standard Status Active
Occupancy Description CallAgent
Legal Description RED STAR SUB 1 PB 32-3 BEG 300FTW OF NE COR TR A TH S 258.29FT E112.37FT SELY37.73FT N110.53FT E120FT N124.93FT NWLY AD39.35FT W244.93FT TO
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Exterior
Lot Size Area 64538.0
Spa N
Building Area Total 29475.0
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
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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
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Internal Only
Street Number 1 1240
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* Excluded Features
List By
Stl Advisors, Llc

Broker

max@stl-advisors.com

Email

Affordability Calculator

$76,467
Per Month
96%
4%
0%
Monthly Principal & Interest
$73,346
Monthly Property Taxes
$3,122
Monthly 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
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$10,500,000 Listed Price

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1240 NW 74th St, Miami, FL, 33147 is a Commercial Property for sale at $10,500,000 with 29,475 sqft and a lot size of 1.48159. 1240 NW 74th St is a studio with 0.0 baths and was built in 1961. The property's zip code is 33147 which is in Miami, FL