660 29th St,Apartments, Commercial/Residential Income

660 29th St, Miami, Florida, 33127

Price $3,500,000.00

  • Lot size 14000
  • Year Build 1948
  • Waterfront
  • Zip 33127
  • Style
  • Parking Description Assigned, Common, Free Parking
  • Pool Yes
  • Status Active
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Description

This portfolio presents a 14,000 SF three-parcel assemblage with mixed use leasable space consisting of 7 unit duplex and office building located in 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 West Of West, Allapatah District. Zoning allows to build upto 8 floors for a new build. Also zoned for Retail,Hotel-Inn, Bed & Breakfast, Offices, Industrial. Several significant new projects are located within only a block or two of the property. Best Location and High visible traffic

NORTHERN BLVD TR PB 2-29 LOT 9 BLK 15 LOT SIZE 50.000 X 140 OR 19660-3437 04 2001 4 (6)

This portfolio presents a 14,000 SF three-parcel assemblage with mixed use leasable space consisting of 7 unit duplex and office building located in 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 West Of West, Allapatah District. Zoning allows to build upto 8 floors for a new build. Also zoned for Retail,Hotel-Inn, Bed & Breakfast, Offices, Industrial. Several significant new projects are located within only a block or two of the property. Best Location and High visible traffic

City:Miami,Zoning:7700,List A O R:A-Miami Association of REALTORS,List Price:3500000,Listing Id:A11075359,Mls Status:Active,Ownership:Self Proprietor/Individual,Year Built:1948,Inclusions:Building & Land,Inventory,Leases,Postal Code:33127,Street Name:29th St,Coordinates:1:25.8033739,Photos Count:4,Business Type:1:Commercial/Residential Income,Days On Market:103,Lot Size Units:Square Feet,On Market Date:2021-07-23,Parcel Number:01-31-25-024-2420,Property Type:Commercial Sale,Street Number:660,Public Remarks:This portfolio presents a 14,000 SF three-parcel assemblage with mixed use leasable space consisting of 7 unit duplex and office building located in 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 West Of West, Allapatah District. Zoning allows to build upto 8 floors for a new build. Also zoned for Retail,Hotel-Inn, Bed & Breakfast, Offices, Industrial. Several significant new projects are located within only a block or two of the property. Best Location and High visible traffic,County Or Parish:Miami-Dade County,Expiration Date:2022-01-22,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Parking Features:1:Common,2:Free Parking,Postal Code Plus4:3800,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:7166,Unparsed Address:660 NW 29th St, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Building Area Total:2850,Building Area Units:Square Feet,Lot Size Square Feet:14000,Original List Price:3250000,Previous List Price:2750000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:This portfolio presents a 14,000 SF three-parcel assemblage with mixed use leasable space consisting of 7 unit duplex and office building located in 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 West Of West, Allapatah District. Zoning allows to build upto 8 floors for a new build. Also zoned for Retail,Hotel-Inn, Bed & Breakfast, Offices, Industrial. Several significant new projects are located within only a block or two of the property. Best Location and High visible traffic,Listing Contract Date:2021-07-23,Originating System I D:miamire,Public Survey Section:25,Street Number Numeric:660,Tax Legal Description:NORTHERN BLVD TR PB 2-29 LOT 9 BLK 15 LOT SIZE 50.000 X 140 OR 19660-3437 04 2001 4 (6),Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,Contract Status Change Date:2021-07-23,Internet Address Display Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $3,500,000.00
  • Price Change: 2021-10-09
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1948
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description Assigned, Common, Free Parking
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2021-10-09
  • Days on Market 126
  • Furnished
  • City Miami
  • Zip 33127
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 7166
  • Taxes Year