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New
2126
Home61's Closings in
Miami, FL
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$38,695 (2025)
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
3 days
$ /sqft
-
Type
other
Year Built
1947
Unit
-
Zip Code
11558
Ref./MLS ID
KEY908808
DESCRIPTION
Calling all investors, developers & end-users! 7,700+ sqft. 4 unit free standing building on a 18,875 sqft. Lot for sale in island park! the property features excellent signage, great exposure, high 14’ ceilings, 32 parking spaces in a private gated parking lot, office building zoning, 3 phase power, conference room, private offices, 2 apartments, strategically placed curb cuts, accessible parking, all new led lighting, cac, +++! the property is located in the heart of island park on busy austin blvd. Just blocks from the long beach bridge! the property has 205’ of frontage on busy austin blvd. + 204’ of frontage on broadway! this section of austin blvd. Has a daily traffic count of 40,200+ vehicles per day! neighbors include costco, stop & shop, public storage, costello’s ace hardware, king kullen, dunkin’, wendy’s, mcdonald’s, trader joe’s, +++! this property offers huge upside potential! this is could be your next development site or the next home for your business!
income:
apt. 1 (1 br. ): $31,200 ann. M-m. Apt. 2 (1 br. ): $31,200 ann. M-m. 4,500 sqft. Office + 800 sqft. Warehouse: $120,000 ann. Nnn. Lease exp. : 6/15/26. Gross income: $182,400 ann. Expenses:
gas: $2,000 ann. (apartments only)
electric: $0 ann. Insurance: $3,253 ann. Maintenance & repairs: $250 ann. Water: $0 ann. Taxes: $38,695. 30 ann. Total expenses: $44,198. 30 ann. Net operating income (noi): $138,201. 70 ann. (7. 09% cap!)
Data is provided by OneKey MLS.
Listed on September 04, 2025 by Richard Matt Shane from All Island Estates Realty Corp, this other is for sale. other for sale in Hempstead listed at $1,950,000, Reference KEY908808
The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. 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 OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. 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.