Properties

Features
: Security Grill Work
: Shared Parking
: City Location , Central Business District
: Public Sanitation
1
Address Map
FL
Miami-Dade County
Miami
33142
1260 NW 29th St
1260
0
W81° 46' 59.9''
N25° 48' 10.5''
01-31-26-039-1880
7000
: Nw
Additional Information
Gridline Properties
: Nnn
$25,660
1
67
: Building & Land
: 1 To 3 Year Lease , 4 To 6 Year Lease
: Sale
: Free Standing
: Public
305-282-1862
Property 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.

This listing is courtesy of Jonathan Eismann at Gridline Properties em:jeismann@gridlineproperties.com ph:305-282-1862.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0131260391880 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1260-039-1880 (0131260391880)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 1260 NW 29 St
City: Miami
State: Florida
Zip Code: 33142-6618 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 8,908
Actual Square Feet: 8,908
Adjusted Square Feet: 8,908
  -
Lot Size - English*
Lot Size (sf): 9,760
Lot Size (acres): 0.22
  -
Building Size - Metric*
Living Square Meters: 827.58
Actual Square Meters: 827.58
Adjusted Sq M: 827.58
  -
Lot Size - Metric*
Lot Size (sq m): 907
Lot Size (ha): 0.09
  -
Zoning & Land Use*
Land Use: 4132 - Light Manufacturing : Light Mfg & Food Processing
Zoning: 7000 - Industrial - General
Municipal Zoning: D1 (Miami)
All Listed | All Properties
  -
Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 09/27/2017
Amount: $1,100,000
  -
Prior Sale #2* (Second to Last)
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 08/04/2009
Amount: $100
  -
Prior Sale #3* (3rd to Last)
Type: Corrective, tax or QCD; min consideration
Qual: Q
Date: 02/01/2003
Amount: $279,000
  -
Taxable Values*
Tax Year: 2023
Land: $780,800
Building: $883,358
Total: $1,664,158
Assessed: $1,003,786
County Taxable: $1,003,786
City Taxable: $1,003,786
Mill Code: 0100
  -
Ownership*
Owner 1: 1260 Property Investment Llc
Mailing Address: 1205 Lincoln Rd Ste 216
Mailing City: Miami Beach
Mailing State: Fl
Mailing Zip: 33139
Mailing Country: USA
  -
Building Information*
Stories: 1
Year Built: 1953
Effective Year Built: 1953
Extra Features 1: Interior Office - Fair Quality
Extra Features 2: Cent A/c - Comm (aprox 300 Sqft/ton)
  -
Legal Description*
Legal Description Concatenated: 26 53 41 WEST END PK AMD PL PB 6-142 W19FT LOT 14 & ALL LOTS 15 & 16 BLK 9 LOT SIZE 67.500 X 145 OR 21106-3094 0203 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.

Commercial Sale

1260 NW 29th St, Miami, Florida 33142

$3,950,000
Listing ID#A11649189
QR Code
Basic Details
Property Type : Commercial Sale
Property Sub Type : Mixed Use
Listing Type : For Sale
Listing ID : A11649189
Price : $3,950,000
Year Built : 1953
Built up area : 11,908 Sqft
Status : Active
Type of Business : Professional, Office/warehouse Combination