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18331 NE 1st Ave, Miami, FL 33179
$2,590,000
18331 NE 1st Ave, Miami, FL 33179View this property at 18331 NE 1st Ave, Miami, FL 33179
18331 NE 1st AveMiamiFL33179
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Property Description
Potential 12%+ IRR over 10 years for this Value-add & reposition 4-bay Industrial (IU-1) freestanding warehouse offering off 183rd Street | Miami Gardens Drive, Miami, FL. Increase to market rents as leases turn over. Desirable central location in Miami Gardens submarket across from the Publix Distribution Warehouse and just off I-95 north of the Golden Glades Interchange between Miami & Fort Lauderdale Airports & Ports. Within driving distance to Miami Gardens Square Shopping Mall, MasTec Miami Gardens Service Center, Miami Dade County Transit NE Division, & Walmart Super Center. See attached or text name and email to Broker for OM.
Full Property Details
Full Property Details for 18331 NE 1st Ave
General
- Price: $2,590,000
- Taxes: $21,222 (2023)
- Status: Active
- Type: Warehouse
- MLS ID: A11522924
- Updated: 6/5/2024
- Added to Site: 135 day(s) ago
Business
- Business Type: Industrial, Warehouse Space
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Security System
Parking
- Total Spaces: 12
- Parking Features: Free Parking, Guest
Location
- County: Miami-Dade County
- Building Name: Miami Gardens 4 Bay Industrial
- Driving Directions: Please download attached OM and Survey for Review. Leases available during due diligence in contract along with 40 year recert & roof work & warranty documentation.
Community
- Units Assoc/Comm: 4
Utilities
- Electric Available: Yes
- Sewer: Septic Tank
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Industrial
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Composition Roll, Wood Truss/Rafter
- Stories/Levels: 1
- Building Size: 11420
- Current Bldg. Use: Industrial
- Year Built: 1968
Unit Information
- Units in Complex: 4
Lot Features
- Lot Size (Acres): 0.41
- Lot Size (Sq. Ft.): 17,962
- Lot Dimensions: 108 x 166
- Frontage Feet: 108
- Lot Features: Corner Lot, Near Airport, Near Seaport
- Zoning: 7100
Financial Considerations
- Tax Amount: $21,222
- Tax Year: 2023
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Self Proprietor/Individual
- Special Conditions: Sale
- Legal Description: 1 52 41 FULFORDALE ADD NO 1 SEC B PB 9-97 LOTS 8 THRU 11 BLK 1 LOT SIZE 17962 SQUARE FEET OR 18953-1177 1299 5 COC 23533-0449 06 2005 4
- Inclusions: Building & Land, Leases
- Property ID: 30-21-01-008-0050
Listed by Douglas Elliman
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Schools
Schools serving 18331 NE 1st Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
10351 Ne 5th Ave, Miami Shores, FL 33138 | PK-5 | 0.6 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 27.8 mi | |
8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 1.3 mi | |
6161 Nw 5th Ct, Miami, FL 33127 | 9-12 | 3 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 22.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18331 NE 1st Ave
Date
Details
Price
Change
Source
5/01/2024
Price Reduced
$2,590,000
-5.82%
MLS
1/29/2024
Listed
$2,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18331 NE 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$21,222
22%
$1,870,000
30%
2022
$17,465
23%
$1,438,000
46%
2021
$14,246
8%
$983,000
7%
2020
$13,194
18%
$920,000
63%
2019
$11,175
21%
$565,378
7%
2018
$9,238
2%
$530,000
4%
2017
$9,024
-2%
$510,000
—
2016
$9,223
2%
$510,000
4%
2015
$9,016
3%
$489,361
9%
2014
$8,736
14%
$448,142
10%
2013
$7,675
—
$407,402
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18331 NE 1st Ave
18331 NE 1st Ave, Miami, FL 33179 (MLS# A11522924) is a Warehouse property. 18331 NE 1st Ave is currently listed for $2,590,000 and was received on January 29, 2024. Want to learn more about 18331 NE 1st Ave? Do you have questions about finding other Warehouse real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.