Stand-alone retail building totaling 3,700 sq ft on a 10,700 sq ft lot fronting 125 St and NE 5 Ave and a development hot spot. Underlying C-3 zoning allowing for a multitude of vertical development. Currently rented to a national tenant on a Double Net Term. FDOT car count stands at over 30,000 per day, what that means to you is that any tenant/occupant will benefit from a high car count. Property is currently leased out to a national tenanting an exploding industry with several years left on the lease. Nearby projects include a 466 unit storage development on 146 street, an 8 story multifamily development and a nearly 1300 multifamily/mixed use development. 40 Year certificationn complete

This listing is courtesy of Martina Smolakova at Fausto Commercial Realty Consultants Inc em:martinasellsmiami@gmail.com ph:305-801-0759.

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 0622300250260 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 06-2300-025-0260 (0622300250260)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 505 NE 125 St
City: North Miami
State: Florida
Zip Code: 33161-4718 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 3,747
Actual Square Feet: 3,747
Adjusted Square Feet: 3,705
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Lot Size - English*
Lot Size (sf): 10,700
Lot Size (acres): 0.25
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Building Size - Metric*
Living Square Meters: 348.11
Actual Square Meters: 348.11
Adjusted Sq M: 344.21
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Lot Size - Metric*
Lot Size (sq m): 994
Lot Size (ha): 0.10
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Zoning & Land Use*
Land Use: 1943 - Professional Service Bldg : Health Care
Zoning: 6000 - Commercial - General
Municipal Zoning: C-3 (North Miami)
All Listed | All Properties
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Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 05/04/2022
Amount: $2,161,000
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Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: Q
Date: 12/30/2019
Amount: $1,100,000
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Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: U
Date: 07/12/2018
Amount: $100
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Taxable Values*
Tax Year: 2023
Land: $749,000
Building: $1,011,000
Total: $1,760,000
Assessed: $1,760,000
County Taxable: $1,760,000
City Taxable: $1,760,000
Mill Code: 0600
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Ownership*
Owner 1: F V Simpson Trs
Owner 2: F V Simpson Revocable Living Tr
Mailing Address: 6051 N Ocean Dr #704
Mailing City: Hollywood
Mailing State: Fl
Mailing Zip: 33021
Mailing Country: USA
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Building Information*
Stories: 1
Year Built: 1968
Effective Year Built: 1968
Extra Features 1: Cent A/c - Comm (aprox 300 Sqft/ton)
Extra Features 2: Paving - Asphalt
Extra Features 3: Aluminum Modular Fence
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Legal Description*
Legal Description Concatenated: GRIFFING BISC PARK EST PB 5-83 LOT 28 & W32FT OF LOT 29 LESS S25FT FOR R/W LOT SIZE 107.000 X 100 OR 20220-1223 0202 4 COC 22889-1458/23271-1891 0305 5

*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.