Listed by Trustpoint realty
$960,000
2600-2618 NW 103rd St
Details
Property Type Mixed Use, Retail
Sub Type Auto Shop, Religious/Church
Square Footage 4,012
Net Rentable (SqFt) 10,800
Units 2
Cap Rate 4.38%
NOI $42,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $239
Broker Co-Op Yes
Class C
Year Built 1947
Buildings 2
Stories 1
Lot Size (SqFt) 10,800
Zoning UC-MC
Investment Type Value Add
Mixed Use | Owner User | Investor
Marketing description
Prime mixed-use investment opportunity located at 2600–2618 NW 103rd St in Miami, FL, offering strong in-place income and upside potential in the growing West Little River submarket. This fully occupied property features approximately 4,012 SF on a 10,800 SF lot with a stable tenant mix. Zoned UC-MC, the asset allows for flexible commercial and mixed-use strategies. Current leases are month-to-month with long-term tenants, providing immediate flexibility for an owner-user or investor to reposition while maintaining income. The property is efficiently operated with ownership only responsible for property taxes and insurance, enhancing net returns. Positioned on a high-traffic corridor with excellent visibility and approximately 20 parking spaces, the site benefits from strong accessibility and future growth, including the planned FDOT-approved transit expansion along NW 27th Ave. Offered at approximately $249 PSF, this is a compelling opportunity for cash flow, flexibility, and long-term appreciation in a rapidly evolving Miami market.
Investment highlights
Prime mixed-use asset, 100% occupied, UC-MC zoning, M-T-M tenants, low expenses, 20 parking spaces, $249 PSF, strong upside & transit growth.
Listing Contacts
Listed by Trustpoint realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$42,000.00
$3,500.00/mo
Valuation Metrics
0
DSCR
4.38%
Cap Rate
4.38%
ROI
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