145 Northwest 30th Street

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145 Northwest 30th Street

Miami, FL 33127
Asking Price
$7.95M
Asset Type
Commercial Land
Class
Class B

What's Special

WYNWOOD ONE | FULLY ENTITLED MIXED-USE DEVELOPMENT SITE <ul><li>​<span style="color: rgba(0, 0, 0, 1)">Fully Entitled | Permit-Advanced | Significant Timeline Compression vs. Comparable Sites</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Approved 70-Unit Mixed-Use Program | Four Retail Bays | By-Right STR. </span></li><li>​<span style="color: rgba(0, 0, 0, 1)">$2.05 Million Stabilized NOI | Within Institutional MF Underwriting Band. </span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Three-Parcel Contiguous Assemblage | 150 Feet of Frontag

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NOI
$80,000
Cap Rate
1.01%
DSCR
0.17
Underwater
Cash-on-Cash
-16.44%
Monthly Payment
$39,332.262
Annual Cash Flow
$-391,987.148

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