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Map
$3,651,944*
●
Commercial -
Off Market
850 NW 71st St
Miami, FL 33150
Studio
0 Bath
$3,128,000 - $3,822,000
Reference Base Price*
5.09%
Since May 1, 2023
FL-Miami
Primary Model
About This Property
Unique opportunity to acquire a multi-bay warehouse in Miami's
Little River neighborhood.The property offers four renovated
warehouse bays and features updated roofs, HVAC, roll-up doors, new
lighting, and high visibility. The size of the bays caters to the
lack of small bay availability within Miami's urban core and
provides the landlord with steady cashflow opportunities.All
existing leases are short-term, which allows for an end-user
tooccupy the building in its entirety, or for an investor to
increase rents and stabilize. The property is located within the
Little River neighborhood and is a short drive from AJ Capitals
assemblage, the Citadel,EBB & FLOW, Iron Side.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,450
HOA Dues
-
Year Built
1954
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2023 | No longer available | - | |
| No longer available | |||
| Nov 9, 2022 | Price Decreased |
$3,475,000
↓ $75K
(2.1%)
|
|
| Price Decreased | |||
| Sep 30, 2022 | Price Decreased |
$3,550,000
↓ $100K
(2.7%)
|
|
| Price Decreased | |||
| Sep 8, 2022 | Price Decreased |
$3,650,000
↓ $250K
(6.4%)
|
|
| Price Decreased | |||
| Jun 13, 2022 | Listed | $3,900,000 | |
| Listed | |||
Property Highlights
850 NW 71st St
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
3
Baths
2,220 ft²
$1,486/ft²
$3,300,000
Jun 24, 2023
$3,300,000
Nov 8, 2023
$2,278/mo
House
4
Beds
5
Baths
3,334 ft²
$990/ft²
$3,300,000
Jun 23, 2023
$3,300,000
Oct 20, 2023
$882/mo
House
3
Beds
4
Baths
1,913 ft²
$1,986/ft²
$3,800,000
May 18, 2023
$3,800,000
Dec 15, 2023
$2,772/mo
House
4
Beds
3
Baths
1,996 ft²
$1,904/ft²
$3,800,000
Aug 10, 2023
$3,800,000
Oct 26, 2023
$4,134/mo
House
4
Beds
4
Baths
2,700 ft²
$870/ft²
$2,350,000
Nov 16, 2023
$2,350,000
Jan 12, 2024
$1,104/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/13/2022
|
|
Loft
|
-
|
-
|
$3,900,000
Loft
-
|
-
-
|
-
|
Alfredo Riascos
Gridline Properties
|
Building Info
850 Northwest 71st Street
850 Northwest 71st Street, Miami, FL 33150
- 1 Unit for Sale
