1260 NW 29th St

$3,950,000

1260 NW 29th St Allapattah

14

Home61's Closings in

Allapattah

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$ 25,660
$ /sqft
-
Tenant Occupied
No
Parking Space
10
Building
-
On market
91 days
$ /sqft
-
Type
other
Year Built
1953
Unit
-
Zip Code
33142
Ref./MLS ID
A11649189

DESCRIPTION

Eceptional nnn lease opportunity in the vibrant allapattah neighborhood (33142).  The property includes two contiguous properties on two separate folios - 1260 and 1270 nw 29th street - totaling 11,908 square feet on 16,845 square feet of land.  Both properties recently underwent, extensive renovations and are under lease with a roster of stable, handpicked tenants supported by high-quality nnn lease agreements.  Both properties occupy 116 feet of linear street-front exposure.  Providing multiple access and egress points.  Zoned d1, this well-maintained property offers an attractive location within a rapidly growing area.  Note: current cap rate at asking price is 5.  75.  With the future rental of the 1,537 sf vacant space this property will perform at well above a 6% return.  


Data is provided by Miami Board of Realtors.

Public transportation

Allapattah
Green line
6 mins
NW 29 St & NW 12 Av
6
1 mins
NW 29 St & NW 13 Av
6
1 mins
NW 12 Av & NW 29 St
12
21
246
1 mins

Nearby School In Allapattah

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
3
Jose De Diego Middle School
6-8
0.8 miles
4
Maya Angelou Elementary School
PK-5
0.6 miles
5
Santa Clara Elementary School
PK-5
0.3 miles
5
Miami Jackson Senior High School
9-12
0.7 miles
Listed on August 28, 2024 by Jonathan Eismann from Gridline Properties, this other is for sale. other for sale in Allapattah listed at $3,950,000, Reference A11649189

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.