1920 NE 123rd St - Freestanding FOR SALE


North Miami, FL 33181- Sans Souci Estates
$1,200,000 USD
561-312-9364
1920 NE 123rd St, North Miami, FL for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

1920 NE 123rd St
North Miami, FL 33181
Sans Souci Estates


HIGHLIGHTS

  • Existing Farm Store • Farm Store has operated since 1985. No Renewal Options remaining • Double-Drive thru lanes
  • Prime North Miami Location • Situated on NE 123rd Street, a major east– west corridor with strong traffic counts & connectivity to Biscayne Boulevard
  • Compelling Redevelopment Opportunity • ±7,700 SF C-1 zoned parcel, allowing for a range of commercial uses including retail, restaurant, and mixed-use
  • Strong Demographics & Market Growth • Located in North Miami, one of Miami- Dade’s fastest-growing cities with a +- 170,000 people within 3 miles
  • Compact 70’ x 110’ lot with adequate on-site parking and utilities in place. • Level topography with no noted environmental or drainage issues

OVERVIEW

Franklin Street is pleased to present 1920 NE 123rd Street in North Miami, FL. A ±7,700 SF C-2BE zoned commercial parcel featuring an operating Farm Stores. The property sits directly on NE 123rd Street/Broad Causeway, offering strong visibility and easy access to Biscayne Boulevard, Bay Harbor Islands, Surfside, and Miami Beach. Surrounded by dense residential growth, new mixed-use development, and major retail corridors in North Miami, the site provides investors with both immediate cash flow and long-term redevelopment potential.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$1,531 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Farm Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,266 SF

ZONING

C-1

APN/PARCEL ID

06-2228-011-0150

ASK ABOUT THIS PROPERTY

Justin WalkerFranklin StreetMore Info
561-312-9364

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Justin WalkerFranklin StreetMore Info
561-312-9364

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.