Home » Miami » 1365 NW 23rd St, Miami, FL 33142 | A11511599

1365 NW 23rd St, Miami, FL 33142 | Sold

$4,950,000
closed for a price of $4,850,000

Property Highlights

Listing ID A11511599 Status of this Listing: Closed Sold Property Type Commercial Sale Industrial Building Area 14,538 Sqft/1350.62 m2 approx. Lot area 28,110 Sqft/2611.50 m2 approx. Year Built 1953 Time of this property from published date until Closing Date 128 Days
11 Photos of this Property

1365 NW 23rd St, Miami, FL 33142

Property Description: Located on the north-side of the Miami Produce district this 14,538 SF Industrial Warehouse is presently used as a cold storage facility. The combination of its size, its cold storage set-up, and its last-mile location make it an extremely valuable real estate asset, Cold storage facilities have become a national commodity within the commercial real estate sector. Vacancy rates for properties in this asset class are at nearly zero percent. This property could certainly continue to prosper in its current demise and it also has the potential for creative adaptive reuse, or as a development site for the construction of new apartments. This area continues to attract top investors and a roster of dynamic and prospecting small businesses and tenants.

Useful Info

Contingency:No Contingencies
Original List Price:$4,950,000
Close Price:$4,850,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Number of Buildings:1
Levels:One
Structure Type:
  • Warehouse
  • Industrial
Stories:1

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$48,161

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

Occupant Type:
  • Tenant
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

Utilities

Electric:
  • 220 Volts
  • 3 Phase

More Details

Other Information:
Flood Zone : AE,X
FEMA Flood Zone Designations: AE,X
Municipal Code: 1
Subdivision Number: 40
Buyer Country of Residence: USA
Buy State: Florida

Zoning and Legal

Tax Legal Description:WEST END PARK AMD PB 16-34 LOTS 8 TO 13 INC BLK 28 LOT SIZE 28110 SQUARE FEET OR 21324-3165 05 2003 1
Real Estate Folio Number (Parcel Number):01-31-26-040-0100
Zoning Description:7000
Public Survey Township:1
Public Survey Range:31
Public Survey Section:26

Listing History

Update/EventDate/Days
Published Date:January 9, 2024 5:45 pm
On Market Date:January 5, 2024
Close Date:May 16, 2024
Price Change Date Time:January 9, 2024 5:45 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 28, 2024 10:40 am
Status Last Changed:May 28, 2024 10:40 am
Photos Last Modified:January 13, 2024 12:47 am
Last Modified:May 28, 2024 2:41 pm
Days on the Market Reference Date:May 28, 2024
Days on the Market (updated on Last Modified*):101
Cumulative Days on the Market (updated on Last Modified**):101

Additional Information

Lot Size Range:1/2+ To 3/4 Acre
Number of Photos Count:11
Area:31
Ref ID:1054225728
Automated Valuation Display:Yes
Courtesy of:Gridline Properties
Universal Property Id:US-12025-N-0131260400100-R-N

Location

Show Property Address:Yes
Street Name:23rd St
Street Number:1365
Street Direction Prefix:NW
Street Address:1365 NW 23rd St
City : Miami
State : Florida
Zip Code : 33142
County : Miami-Dade County
Full Address:1365 NW 23rd St, Miami, FL 33142
Latitude:N25° 47' 55.8''
Longitude:W81° 46' 52.7''

Neighborhood

Postal City:Miami

Property Map