Home » Miami » 1611 NW 38th St, Miami, FL 33142 | A11387627

Commercial Sold 1611 NW 38th St, Miami, FL 33142

$900,000
closed for a price of $850,000

Property Highlights

Listing ID A11387627 Status of this Listing: Closed Sold Property Type Commercial Sale Commercial Building Area 2,880 Sqft/267.56 m2 approx. Lot area 5,840 Sqft/542.55 m2 approx. Year Built 2005 Time of this property from published date until Closing Date 144 Days

1611 NW 38th St, Miami, FL 33142

Property Description: Amazing opportunity to buy a nearly 3,000 SF flex space in the upcoming Allapattah neighborhood at an opportunistic price point. The property boasts an open layout and over 20 foot ceilings, allowing for a wide variety of uses for both investors and owner users. Flex spaces of this size are in incredibly high demand which would allow for a fairly easy lease up of the property. The property is also located in close proximity to the heart of Miami and has zoning to build up to 8 stories of multi-family or mixed-use development, allowing anyone who purchases it to cash in on the sure appreciation of the area. The property is also located 30 feet above sea level.

Useful Info

Previous Asking Price:$950,000
Original List Price:$999,000
Close Price:$850,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Number of Buildings:1
Architectural
Style:
  • Detached
Levels:Two
Structure Type:
  • Office
Stories:1

Property Features

Waterfront:No
Security:
  • Fenced

Taxes and Expenses

Tax Annual Amount:$5,069

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

Documents Available:
  • Aerial
  • Ground Photo
Occupant Type:
  • Call Agent
Buyer Financing:
  • Seller Financing
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Property DescriptionAllapattah Flex Space
Buyer Country of ResidenceUSA
Buy StateFlorida
Flood ZoneAH
FEMA Flood Zone DesignationsAH
Municipal Code1
Subdivision Number18

Zoning and Legal

Tax Legal Description:ALLAPATTAH VIEW PB 12-67 LOT 9 BLK 1 LOT SIZE 40.000 X 146 OR 20250-4589 0302 1 COC 25916-0626 08 2007 1
Real Estate Folio Number (Parcel Number):01-31-23-018-0070
Zoning Description:T6-8-O
Public Survey Township:1
Public Survey Range:31
Public Survey Section:23

Listing History

Update/EventDate/Days
Published Date:May 15, 2023 2:45 pm
On Market Date:May 15, 2023
Close Date:October 6, 2023
Price Change Date Time:July 25, 2023 10:37 am
Last Important Update Description:Closed
Date and Time of Last Important Update:October 11, 2023 1:11 pm
Status Last Changed:October 11, 2023 1:11 pm
Photos Last Modified:May 18, 2023 4:09 pm
Last Modified:October 11, 2023 5:11 pm
Days on the Market (updated on Last Modified*):144
Cumulative Days on the Market (updated on Last Modified**):144

Additional Information

Number of Photos:22
Location:,,
Included:,,
Area:31
Courtesy of:APEX Capital Realty LLC
Universal Property Id:US-12025-N-0131230180070-R-N

Location

Show Property Address:Yes
Street Name:38th St
Street Number:1611
Street Direction Prefix:NW
Street Address:1611 NW 38th St
City : Miami
State : Florida
Zip Code : 33142
County : Miami-Dade County
Full Address:1611 NW 38th St, Miami, FL 33142
Latitude:N25° 48' 40.8''
Longitude:W81° 46' 36.9''

Neighborhood

Postal City:Miami

Property Map