Shop 181 m² in Miami Beach

$900,000

$4,972 /m²

Total area 181 m²
Yield —
Lease term —
Constructed 1952

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Key project parameters

Total area: 181 m²
Constructed: 1952

Project description

Two distinct retail spaces, each approximately 1,000 square feet, await your vision at 1975/1977 71st St, Miami Beach. One space currently operates as a coin laundry, while the second space currently houses a spa and hair salon. Each space is available for lease at $ 2,309 per month (including $ 309 a month for property taxes cost of living increases). Both pay their own water, electricity and insurance. Annual property taxes are $ 11,170.

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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