$20,172,000
BEDS
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BATHS
--
SQFT
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ACRES
1.53
MLS # A11441771, This listing is courtesy of Dwntwn Realty Advisors LLC.
1 S Royal Poinciana Blvd is a $20,172,000 home on a 1.53 acre lot located in Miami Springs, FL.
Seller’s Description
Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.
Features
INTERIOR
EXTERIOR
| Exterior Features | Commercial/Residential Income Sale Gas No Utilities Other Utilities Available |
PROPERTY
| Property Type | Commercial Sale |
| Year Built | 1945 |
| HOA Fee | $0.00 |
| Taxes | $29,673.00 |
| County | miami-dade county |
All information should be verified by the recipient and none is guaranteed as accurate by the Miami Association of Realtors® MLS. Data last updated 11/28/2023 at 09:52pm MST. The data relating to real estate on this website derived in part from the Miami Association of Realtors® MLS. All properties are subject to prior sale, change or withdrawal. Neither Rise Realty Advisors nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Miami Association of Realtors® MLS. All rights reserved.
