10393 SW 186th St 1H, Cutler Bay, FL 33157
sale
$459,900
|
Office
Courtesy Of BEST AMERICAN REALTY CORP
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
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Property Features
- Age: 31-40 Years Old
- Cooling System: Central Air
- Exterior Type: Block
- Exterior Type: CBS (Concrete Block Structure)
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: QUAIL ROOST BUSINESS CENTRE CONDO UNIT 1-H UNDIV 2.55 % INT IN COMMON ELEMENTS OFF REC 14805-556 OR 20397-3167 12 2001 5(14)
- MLSID: A11934317
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