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Gelfand Realty Miami Properties for Sale - Retail for Sale

16798 PINE TREE DR, NORTH MIAMI BEACH, FL 33169

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Retail - for Sale

16798 PINE TREE DR, NORTH MIAMI BEACH, FL 33169

Asking Price$950,000

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  • Days on market:

    17 day(s)

  • Original Price:

    $950,000

  • Tax Legal Description:

    OLETA TERR PB 8-117 N58FT OF LOTS 19 THRU 24 INC BLK 11 LESS W20FT OF LOT 19 FOR ST LOT SIZE 58.000 X 130 OR 16998-4538 1095 1

  • Property Type:

    Retail

  • Inclusions:

    Building & Land

  • Heating Description:

    Central Electric

  • Floor Description:

    Terrazzo

  • Special Listing Conditions:

    Sale

  • Lot Features:

    Corner Lot

Description

$950,000

Amazing opportunity to own the real estate (building and land) of a successful free standing c-store with smoke shop and cuban cafeteria! one of the highest lotto selling stores in the city of north miami beach. the sale includes the building and land only, it does not include the business. there is a strong tenant in place, with a 3% rent increase each year. the lease is triple net so all expenses and taxes are paid by the tenant. this is a turn key opportunity where the owner can sit back and collect rent. this would also serve as a great property for a 1031 exchange; proof of funds is required to set up a showing. please reach out via call or text for any further questions. thank you!
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