210 NE 68th St # 1

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210 NE 68th St # 1

Miami, FL 33138
Asking Price
$4.71M
Asset Type
Industrial
Class
Class B

What's Special

Located at 210 NE 68th St # 1, this industrial property is situated within Miami’s Little River district, an area characterized by a mix of creative studios, warehouses, and emerging commercial developments. The site offers proximity to the MiMo District and Upper East Side, providing access to diverse retail and dining options along Biscayne Boulevard. Transportation is facilitated by nearby access to I-95 and the Julia Tuttle Causeway, connecting the property to the Port of Miami and Miami International Airport. The facility is suited for light manufacturing, e-commerce distribution, or creative workshop space. Its configuration supports businesses requiring a central hub for last-mile delivery to the urban core and neighboring residential communities. Typical tenants include logistics firms, specialty fabricators, and wholesale distributors seeking functional space within a transitional industrial neighborhood.

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NOI
$80,000
Cap Rate
1.70%
DSCR
0.29
Underwater
Cash-on-Cash
-14.13%
Monthly Payment
$23,302.51
Annual Cash Flow
$-199,630.122

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