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545 Arthur Godfrey Rd
Out Of Market
Recommend
Out Of Market
53
Home61's Closings in
Miami Beach
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$ 32,712
$ /sqft
-
Half Bath/WC
-
Parking Space
0
Building
Miami Home Center
On market
1629 days
$ /sqft
-
Type
other
Year Built
1937
Unit
-
Zip Code
33140
Ref./MLS ID
A10763319
DESCRIPTION
Selling lease assignment for the retail on 99-year land lease through 2044 at below-market rent rate
third extension on lease june 1, 2020, to may 31, 2025
- west building (8,310 sf) rent rate $12,000/month plus sales tax ($17. 33/sf nnn)
- east building (5,000 sf) rent rate $9,000/month plus sales tax ($21. 60/sf nnn)
- total rent per year $252,000 plus sales tax or blended rent rate $18. 93/sf nnn
landmark true value hardware store with benjamin moore paint store-operated since 1947
serves mid-beach residential market and miami beach hotels and businesses (established customer base)
rear parking public lot and loading areas, off-street parking on 100 feet of store frontage
the building can be demised into two separate buildings: east building 5,000 sf and west building 8,310 sf
Data is provided by Miami Board of Realtors.
Public transportation
41 St & Prairie Av
62
C
J
M
1 mins
41 St & Sheridan Av
150
62
C
J
M
2 mins
Sheridan Av & 41 St
115
2 mins
Sheridan Av & 40 St
117
3 mins
Nearby School In Miami Beach
Data Provided by greatschools.org
Neighborhood
Miami Beach
- art deco architecture
- lounges
- bars
- restaurants
- resort
- vacation
- tourist
- luxury
- condo
- miami
- beach
- fashion
Listed on November 04, 2019 by Tamer Altillawi from The Keyes Company, this other is for sale. other for sale in Miami Beach listed at $550,000, Reference A10763319
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.