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1 S Royal Poinciana Blvd
Miami Springs, FL 33166
$20,172,000
Active
1+
$20,172,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
242
DOM
1 S Royal Poinciana Blvd Miami Springs, FL 33166
Beds, Baths, Retail Sq.Ft.

Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.

Listing Summary
  • Address 1 S Royal Poinciana Blvd
  • City Miami Springs
  • County Miami-Dade County
  • Zip 33166
  • Price $20,172,000
  • Status Active
  • Subdivision
  • Pets Allowed No
  • MLS® # A11441771
  • Property Type Commercial Sale
  • Property Sub TypeRetail
  • Status Active
  • Square Feet
  • Year Built 1945
  • Waterfront No
  • Maintenance Fees No Info Provided
  • Taxes $29,673
  • Tax Year
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1 S Royal Poinciana Blvd
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11441771) is provided courtesy of (Dwntwn Realty Advisors LLC). The information being 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. Information is deemed reliable but not guaranteed. Data last updated on 04-27-2024. IDX powered by Realty Net Media
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