Home » Miami » 1501 NW 23rd St, Miami, Florida 33142 | A11252325

1501 NW 23rd St, Miami, Florida 33142 | Sold

$3,950,000
closed for a price of $3,400,000

Property Highlights

Listing ID A11252325 Status of this Listing: Closed Sold Property Type Commercial Sale Industrial Building Area 12,186 Sqft/1132.12 m2 approx. Lot area 22,880 Sqft/2125.62 m2 approx. Year Built 1982 Time of this property from published date until Closing Date 292 Days
8 Photos of this Property

1501 NW 23rd St, Miami, Florida 33142

Property Description: This operating cold storage facility is a rare find in Allapattah and an incredible opportunity in the Miami Produce District. The property offers a full or partial owner/user to have multi-tenant possibilities. As a true workhorse warehouse, there are multiple loading docks, ramped access, and parking which add enormous utility and value. There are presently three tenants in place, all on month-to-month leases. Their leases may be re-renegotiated or this exceptional property may be delivered vacant at closing. Note: There are presently 2 industrial coolers and 1 freezer in operation inside the building. Dimensions: COOLER #1 = 21’ x 38’ x 19’ Height = 798 SF COOLER #2 = 35’ X 61’ X 19’ Height = 2,135 SF FREEZER = 14’ x 24’ x 9’ Height

Useful Info

Contingency:No Contingencies
Previous Asking Price:$4,400,000
Original List Price:$4,500,000
Close Price:$3,400,000

Business Info

Financial Data Source:
  • Owner

Land Lot (Parcel) Details

Lot Size Acres:0.5
Lot Size Unit:Square Feet

Construction

Construction Materials:
  • Block
Flooring:
  • Concrete
Structure Type:
  • Warehouse
Road Frontage Type:
  • City Street
Possible Use:
  • Investment

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$32,237

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Senior Community:No

Parking

Parking Total Spaces:15
Covered Spaces:0
Parking Features:
  • Common

Utilities

Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Buyer Country of Residence: USA
Buy State: Florida
Flood Zone : AE
FEMA Flood Zone Designations: AE
Municipal Code: 1
PACE (Property Assessed Clean Energy) program: 0
Subdivision Number: 44

Zoning and Legal

Tax Legal Description:RAY HARDY SUB-PL PB 6-65 LOTS 1-2 & 3 BLK 2 LOT SIZE 22880 SQ FT OR 11828-1522 & 11894-1260-1261 COC 25307-3481 01 2007 1
Real Estate Folio Number (Parcel Number):01-31-26-044-0110
Zoning Description:7000
Public Survey Township:1
Public Survey Range:31
Public Survey Section:26

Listing History

Update/EventDate/Days
Published Date:August 5, 2022 12:00 am
On Market Date:August 1, 2022
Close Date:May 24, 2023
Price Change Date Time:November 2, 2022 7:33 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 25, 2023 3:36 pm
Status Last Changed:May 25, 2023 3:36 pm
Photos Last Modified:August 5, 2022 3:07 pm
Last Modified:May 25, 2023 7:37 pm
Days on the Market (updated on Last Modified*):273
Cumulative Days on the Market (updated on Last Modified**):273

Additional Information

Lot Size Range:1/2+ To 3/4 Acre
Number of Photos Count:8
Area:31
Ref ID:1021059120
Courtesy of:Gridline Properties
Universal Property Id:US-12086-N-0131260440110-R-N

Location

Show Property Address:Yes
Street Name:23rd St
Street Number:1501
Street Direction Prefix:NW
Street Address:1501 NW 23rd St
City : Miami
State : Florida
Zip Code : 33142
County : Miami-Dade County
Full Address:1501 NW 23rd St, Miami, Florida 33142
Latitude:N25° 47' 55.5''
Longitude:W81° 46' 41.5''

Neighborhood

Postal City:Miami

Property Map