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Industrial Property Sale in Miami: 3745 NW 50th St Sold for $1,358,000
Successful Sale of 3745 NW 50th St
We are pleased to announce the successful sale of 3745 NW 50th Street, Miami, an industrial property that marks a notable addition to the burgeoning commercial real estate landscape in the area.
Sale Overview
The transaction was orchestrated by our dedicated team, ensuring a seamless sale at a competitive price of $1,358,000.
Sale Price: $1,358,000
Address: 3745 NW 50th St, Miami
Asset Class: Industrial
Price per Square Foot: $83.24
Building Specifications
While this property is primarily a land asset, it boasts several attractive features that enhance its value and appeal:
Year Built: 1926/2012
Lot Size: 5,881 SF
SF GBA: 2,758
# of Buildings: 1926
Location Benefits
Little Havana is renowned for its rich cultural tapestry and vibrant community, making it a sought-after location for real estate investment. With a mixture of historic charm and modern convenience, the neighborhood offers:
Cultural Highlights: Calle Ocho's lively atmosphere and annual festivals draw tourists and locals alike.
Transportation: Easy access to public transit, including nearby bus routes and the Miami Metrorail, ensures seamless connectivity.
Sale Details
Little Havana is renowned for its rich cultural tapestry and vibrant community, making it a sought-after location for real estate investment. With a mixture of historic charm and modern convenience, the neighborhood offers:
Full Price: $300,000
Price per SF/BSF: $50.85
Seller Name: Pim One Llc
Buyer Name: Private Investor
Market Analysis
Miami's real estate market continues to show resilience and growth, with Little Havana standing out as a promising area for investment:
Trend: Increasing demand for land in culturally rich neighborhoods.
Growth: Steady appreciation in property values due to revitalization projects.
Conclusion
This sale underscores the desirability of Little Havana as a prime investment destination. The property's location, combined with the neighborhood's vibrant character, made it an attractive opportunity. Our company's expertise in facilitating seamless transactions was instrumental in achieving this successful sale. We continue to be a trusted partner for investors seeking valuable properties in Miami.
For inquiries or further information, please contact our office.
Christian Peter
Founder of Dark Horse Commercial Real Estate, a Miami-based firm specializing in income-generating commercial properties.
With 20+ years in the business, he’s helped clients buy, sell, and invest across Industrial, Multi-Family, Retail, and Office assets.
Assistance Hours
Mon – Fri 9:00am – 5:00pm
Phone Number:
(305) 987-3053
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Phone Number:
(305) 987-3053
