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$1,250,000
Est. payment /mo
3,750 SqFt
New
10650 SW 186th St #21 Cutler Bay, FL 33157
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $333
MLS Listing ID A11797401
HOA Y/N No
Year Built 1980
Lot Size 3,750 Sqft
Property Sub-Type Retail
Property Description
This exclusive opportunity presents the chance to acquire a three (3) units fully-leased, income-producing commercial condominium located in the rapidly growing submarket of Cutler Bay, Florida. Spanning 3,750 square feet, the asset is occupied by a long-term tenant and generates reliable cash flow at a 7.44% capitalization rate. The property supports a wide range of commercial uses, including professional office, medical, showroom, warehouse, and flex operations, offering excellent versatility and long-term value. With minimal management responsibilities and strong in-place income, this offering is ideal for passive investors, 1031 exchange buyers, or future owner-users seeking a stabilized asset in one of South Miami-Dade's active growth corridors.
Location
State FL
County Miami-dade
Area 60
Interior
Flooring Laminate, Marble, Slate
Exterior
Roof Type Concrete
Private Pool Yes
Building
Structure Type Brick,Block
Others
Tax ID 30-60-05-096-0210
Security Features Security System,Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11797401
Listed by TMT Real Estate, LLC.