7290 SW 42nd Ter, Miami FL 33155, Miami, FL, 33155

  • $3,800,000
7290 SW 42nd Ter, Miami FL 33155
Commercial Sale Active

7290 SW 42nd Ter, Miami FL 33155, Miami, FL, 33155

7290 SW 42nd Ter, Miami FL 33155
  • $3,800,000

Overview

Property ID: HZA11673644
  • Industrial
  • Property Type
  • 1966
  • Year Built

Description

Incredible opportunity to secure a generational asset in the desirable Bird Road Warehouse District. The warehouse spans 11,040+- sq. ft. including a mix of office & storage areas in each bay. The property sits on an 18,360 sq.ft. corner lot. with ample parking, easy truck access and has a straight shot to and from Bird Rd. Quick access to 826 and a short drive to MIA.

The warehouse is currently occupied by a single long-term tenant at below market rate, but is more or less demised into 4 equal bays of 2,760+/- sq.ft. each providing a premium multi-tenant opportunity in the future. Each bay has one 10’x11’ overhead door except the westernmost bay which has two 10’x14’ overhead doors.

Do not disturb tenant. Tenant lease runs through February 2026. Contract subject to court approval.

  • Address 42nd Ter
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33155

Details

Updated on October 11, 2024 at 9:56 pm
  • Property ID: HZA11673644
  • Price: $3,800,000
  • Year Built: 1966
  • Property Type: Industrial
  • Property Status: Commercial Sale

Additional details

  • Street Dir Prefix: SW
  • Public Survey Range: 40
  • Showing Instructions: 24 Hour Notice,Call Listing Agent
  • Tax Legal Description: BIRD BROWN INDUSTRIALS PB 69-96 LOTS 4 & 5 BLK 3 LOT SIZE 18360 SQ FT OR 17491-1028 0197 1
  • On Market Date: 2024-10-06
  • Contract Status Change Date: 2024-10-06
  • Major Change Timestamp: 2024-10-10T18:22:04.270Z
  • Status Change Timestamp: 2024-10-10T18:22:04.270Z
  • Price Change Timestamp: 2024-10-09T14:41:26.260Z
  • Major Change Type: New
  • Listing Contract Date: 2024-10-06
  • Zoning: 7300
  • List AOR: A-Miami Association of REALTORS
  • Tax Annual Amount: 27526
  • Current Use: Industrial
  • Originating System Key: miamire
  • Business Type: Warehouse Space
  • Photos Change Timestamp: 2024-10-10T18:29:37.449Z
  • Originating System Name: Miami Association of REALTORS®
  • Mls Status: Active
  • Street Number: 7290
  • State Or Province: FL
  • Showing Contact Type: Agent
  • Bridge Modification Timestamp: 2024-10-11T19:46:21.607Z
  • Parking Total: 12
  • Stories: 1
  • Parcel Number: 30-40-23-017-0190
  • Other Expense: 0
  • Possession: Funding
  • IDX Participation: 1
  • Stories Total: 1
  • Modification Timestamp: 2024-10-11T19:45:30.033Z
  • Originating System ID: miamire
  • Days On Market: 5
  • Street Number Numeric: 7290
  • Postal Code +4: 4532
  • Number Of Units In Community: 0
  • Syndication Remarks: Incredible opportunity to secure a generational asset in the desirable Bird Road Warehouse District. The warehouse spans 11,040+- sq. ft. including a mix of office & storage areas in each bay. The property sits on an 18,360 sq.ft. corner lot. with ample parking, easy truck access and has a straight shot to and from Bird Rd. Quick access to 826 and a short drive to MIA. The warehouse is currently occupied by a single long-term tenant at below market rate, but is more or less demised into 4 equal bays of 2,760+/- sq.ft. each providing a premium multi-tenant opportunity in the future. Each bay has one 10’x11’ overhead door except the westernmost bay which has two 10’x14’ overhead doors. Do not disturb tenant. Tenant lease runs through February 2026. Contract subject to court approval.
  • Structure Type: Free Standing,Industrial/Manufacturing,Warehouse,Industrial
  • Public Survey Township: 40
  • Street Name: 42nd Ter
  • Listing Agreement: Exclusive Right To Sell
  • Public Survey Section: 23
  • Special Listing Conditions: Sale
  • Number Of Buildings: 1
  • Building Area Units: Square Feet
  • Internet Entire Listing Display: 1
  • Internet Automated Valuation Display: 1
  • Original Entry Timestamp: 2024-10-10T18:22:04.270Z
  • Source System Key: 401919804
  • Lot Size Square Feet: 18360
  • Electric: 3 Phase Electric
  • Internet Consumer Comment: 1
  • Building Area Total: 11040

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Pavel Litvinov
  • Pavel Litvinov