10393 Sw 186th St Unit #1H, Cutler Bay, FL 33157

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List Price
$459,900
Price Change
▲ $10,000 1790992098
MLS#
A11934317
Status
PENDING
Type
Commercial

Property Description

INCOME PRODUCING OPPORTUNITY 40-Year Recertification process is currently underway and is expected to be completed by 11/30/2026. Priced as the best deal in town two close sales shows the price per sq ft is $246-$276 per SQ FT! This well-located commercial property sits on a busy street directly across from a U.S. Post Office, offering outstanding visibility and steady foot and vehicle traffic. The price is firm. Beginning November 1, the second floor will be leased at an increased rent of $1,700 per month to a stable, reliable tenant, providing immediate income. The first floor, currently rented for $2,300 per month, offering strong additional income potential. The two-story building features separate, independent entrances, making it well suited for a real estate office, law firm, accounting practice, or other professional use, and offers flexibility for both owner-users and investors. Buyers are encouraged to verify permitted uses with the zoning department. All types of financing are accepted. Owner financing is also available: with $300,000 down, the balance may be financed at 6.5% over 12 years, and the seller will pay all closing costs when owner financing is used. The 40-Year Recertification is underway and expected to be completed by November 30/ 2026, and the roof is only three years old. With its prime location, growing rental income, strong income potential, and attractive financing terms, this property is an excellent investment

Additional Information

Days on Market
306
Tax Amount
$5,323
Parcel Number
30-60-05-074-0080
Association Fee
$248
Address
10393 Sw 186th St Unit #1H, Cutler Bay
Year Built
1990
Section
5

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Listing Courtesy of Best American Realty Corp, Contact: