1. Florida
  2. Miami Springs
  3. 1 S Royal Poinciana Blvd
$20,172,000

1 S Royal Poinciana Blvd, Miami Springs, FL 33166

  • 26,947 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon1.53acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $749/sqft
  • Property List Date Icon Listed 1 year ago

Property 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.

Listing Status:
Active
Date Added:
August 24, 2023 at 05:00AM
Listing Office:
Dwntwn Realty Advisors LLC : 305-909-7343
Listing Agent:
Rayza Perez : 786-325-9928
MLS ID:
A11441771
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County

This listing courtesy of Rayza Perez, Dwntwn Realty Advisors LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Miami Springs Elementary School

51 Park St, Miami Springs, FL, 33166

Grades PK-5

0.28 miles away

I

Isaac: Integrated Science and Asian Culture Academy

301 Westward Dr, Miami Springs, FL, 33166

Grades KG-8

0.35 miles away

A

Academy for International Education Upper Charter School for

1080 La Baron Dr, Miami Springs, FL, 33166

Grades 6-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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