- MLS® #: A11649189
- 1260 Nw 29th St
- Miami, FL 33142-6669
- $3,950,000
- Business
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.
View Virtual TourEssential Information
- MLS® #A11649189
- Price$3,950,000
- CAD Dollar$5,694,913
- UK Pound£3,142,154
- Euro€3,788,789
- Bathrooms0.00
- Acres0.00
- Year Built1953
- TypeBusiness
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address1260 Nw 29th St
- Area31
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33142-6669
Amenities
- ParkingCommon
Exterior
- Lot Description116
- Office: Gridline Properties
Property Location
1260 Nw 29th St on www.jupiteroceanfrontcondos.us
Offered at the current list price of $3,950,000, this home for sale at 1260 Nw 29th St features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Miami, FL 33142-6669 . 1260 Nw 29th St is listed under the MLS ID of A11649189 and has been on the Miami real estate market for 67 days.Facts About Miami, FL
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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