660,662,664 29th St ,Mixed Use for Sale & Rent

660 for Sale & Rent

Price $3,500,000.00

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

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 a block away from 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. Short walk to Wynwood. 10 Min drive to Miami Beach, Downtown, Brickell. Prime 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 a block away from 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. Short walk to Wynwood. 10 Min drive to Miami Beach, Downtown, Brickell. Prime Location and High visible traffic

City:Miami,Zoning:7700,List A O R:A-Miami Association of REALTORS,Latitude:25.8036191,Heating Y N:1,Lease Term:Month To Month,List Price:3500000,Listing Id:A11320935,Longitude:-80.2073292,Mls Status:Active,Year Built:1948,Inclusions:Inventory,Leases,Postal Code:33127,Street Name:29th St,Coordinates:1:25.8036191,Photos Count:7,Business Type:1:Residential-Multi-Family,Days On Market:397,Listing Terms:1:Cash,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2022-12-14,Parcel Number:01-31-25-024-2420,Property Type:Commercial Sale,Street Number:660,662,664,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 a block away from 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. Short walk to Wynwood. 10 Min drive to Miami Beach, Downtown, Brickell. Prime Location and High visible traffic,County Or Parish:Miami-Dade County,List Office Name:One Sotheby's International Re,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Guest,Postal Code Plus4:3800,Property Sub Type:Mixed Use,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:8572,Unparsed Address:660,662,664 NW 29th St, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2850,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:14000,Original List Price:3500000,Public Survey Range:31,Documents Available:1:Deed,2:Copy Of Lease(S),3:Other Available Information,4:Rent Rolls,5:Tax Return,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 a block away from 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. Short walk to Wynwood. 10 Min drive to Miami Beach, Downtown, Brickell. Prime Location and High visible traffic,Listing Contract Date:2022-12-14,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%,M I A M I R E_ Internet Remarks:14000 SF land located a block away from gateway into Wynwood?s Art & Entertainment District. Property has income cash flow. Top location,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2022-12-14,Internet Address Display Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,