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1747 NE 124th Street
Miami, FL 33181
Asking Price
$2.08M
Asset Type
Medical Office Retail
Class
Class B
What's Special
Retail | 3,406 SqFt <ul><li>PRIME BISCAYNE BOULEVARD LOCATION - Positioned just one parcel off US-1, offering excellent visibility and accessibility along a major commercial corridor.</li><li>FLEXIBLE C-2BW ZONING - Allows for a wide range of uses including retail, office, restaurant, medical, and multifamily.</li><li>COMPELLING REDEVELOPMENT POTENTIAL - Zoning permits up to 200 feet in height and approximately 150 units per acre.</li><li>COVERED LAND PLAY - Existing 3,406 SF structure and on-site parking allow
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NOI
$80,000
Cap Rate
3.86%
DSCR
0.65
Underwater
Cash-on-Cash
-6.94%
Monthly Payment
$10,265.968
Annual Cash Flow
$-43,191.614