Make an Offer
1498-1500 Ocean Avenue
Home61's Closings in
Miami, FL
Great exposure, excellent signage, high 16' ceilings, 3 phase power, solid tenants, huge 63,598 sqft. Lot, all new led lighting, 126 parking spaces, 2 corner lots, 2 roll-up doors, warehouse space, 6 conference rooms, 39 private offices, +++! the building was built new in 2010! the building is sprinklered. The tenants pay 85% of the utilities & taxes over $63k. The building is located close to macarthur airport, sunrise highway & the long island expressway. Neighbors include mcdonald's, starbucks, applebee's, parts authority, dunkin', wendy's, td, speedway, hilton, +++! gross income: $257,580 (actual gross income from the 5 tenants) expenses: gas: $1,386 electric: $5,423 maintenance & repairs: $250 insurance: $4,200 water: $582 taxes: $63,000 snow & landscape: $1,200 total expenses: $77,627 net operating income: $179,953
Data is provided by OneKey MLS.