Miami Springs, FL 33166 1 S Royal Poinciana Blvd
$20,172,000
Presented By: This listing is courtesy of Dwntwn Realty Advisors LLC;
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 26,947
Home Details
Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.
Presented By: This listing is courtesy of Dwntwn Realty Advisors LLC;
Interior Features for 1 S Royal Poinciana Blvd
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 1 S Royal Poinciana Blvd
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami Springs
CountyMiami-Dade
Days on Market354
Electric On Property Y/NNo
Garage Y/NNo
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description19 53 41 .43 AC REV PL OF PT OF SEC 2 OF COUNTRY CLUB ESTS PB 34-40 TRACT B BLK 85 LOT SIZE 18730 SQUARE FEET OR 16636-0625 1094 1
Lot Size Square Feet66496.0
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
PostalCityMiami Springs
Private PoolNo
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Tax Annual Amount29673.0
TermsCash, Conventional, OwnerMayCarry
View Y/NNo
Waterfront Y/NNo
Year Built1945
Zoning Description6400
Exterior for 1 S Royal Poinciana Blvd
Building Area Total26947.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area66496.0
Open Parking Y/NNo
SpaNo
Additional Details
Price History
