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For Sale480 Days
$20,172,000

1 S Royal Poinciana Blvd
Miami Springs, FL 33166

Commercial For Sale
26,947 Sq. Ft.
Dwntwn Realty Advisors LLC

Description for 1 S Royal Poinciana Blvd, Miami Springs, FL 33166

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.

Property Details

Listing Details
For Sale
Commercial
Retail
For Sale
A11441771
$20,172,000
08/24/2023
26,947 Sqft
1945
$20,172,000
$20,172,000
3288548
Location Information
US
FL
Miami-Dade County
Miami Springs
33166
Royal Poinciana Blvd
1
6058
W81° 43' 9.3''
N25° 49' 15.9''
1 S Royal Poinciana Blvd
41
S
Land Info
05-31-19-013-0020
Tax Info
19 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
$29,673
Listing Information
Dwntwn Realty Advisors LLC
Rayza Perez
DWRA01
Sefmiami
$20,172,000
No

Price History

Source: MLS
DateEventPriceSource
2023-08-24For Sale$20,172,000MLS
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Courtesy of Dwntwn Realty Advisors LLC
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© 2024 Miami Association of REALTORS®. All rights reserved. The information is provided 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. The data is deemed reliable but is not guaranteed accurate by the MLS.