365 North Royal Poinciana Boulevard

Miami Springs, FL 33166

Listing ID: 187599
$1,200,000
For Sale
  • Lot Size Acres 6,750.000
  • Building Sq Ft 3,216
  • Building Price per Sq Ft $373.13
  • Land Sq Ft 294,030,000
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Description

APEX Capital Realty is pleased to present an investment opportunity of a stable asset, located in Downtown Miami Springs. The property was renovated in 2017 and consists of 3,216 SF of commercial kitchen with future restaurant plans and a strong tenant with a NNN lease that has 4% annual increments. Current Cap Rate 5.3%.

PROPERTY HIGHLIGHTS:

2ND Generation Kitchen with Equipment

Fully rehabbed Restaurant space

Strategic Location in Downtown Miami Springs

High Daytime and Household Population

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population29,405149,459549,823
Population Median Age434342
Population by Age0-9 Yrs2831 (9%)13812 (9%)55500 (10%)
10-19 Yrs2764 (9%)14154 (9%)56520 (10%)
20-29 Yrs3668 (12%)19038 (12%)70149 (12%)
30-39 Yrs3189 (10%)18140 (12%)71585 (13%)
40-49 Yrs4236 (14%)22152 (14%)81542 (14%)
50-59 Yrs5044 (17%)23495 (15%)81699 (14%)
60-69 Yrs3232 (10%)16951 (11%)58443 (10%)
70+ Yrs4441 (15%)21716 (14%)74384 (13%)
Median HH Income$31,816$32,798$33,828
Total Household Income< 24K4140 (40%)18267 (39%)66793 (38%)
25-49K2832 (27%)12375 (26%)48508 (27%)
50-74K1393 (13%)6997 (15%)27534 (15%)
75-99K626 (6%)3547 (7%)13697 (7%)
100-199K918 (8%)4447 (9%)15484 (8%)
200K+309 (3%)776 (1%)3116 (1%)
Highest Education LevelNo Diploma646434017108467
Diploma or GED717937774137213
Some College28561554252819
Assoc. Degree1351857633756
Bachelors Degree32221239150997
Higher Degree1180489722200
Total Housing Units10,72549,746190,577
--Owner-Occupied3,27119,44171,290
--Renter-Occupied6,94726,968103,841
Owner-Occupied Values< 100K196234710429
100-199K689593523214
200-299K884622319961
300-399K636301110647
400-499K49710963308
500K+3688283730
Total Working Age Population25,049127,349461,095
In Work Force14,49972,464268,631
Not In Work Force10,55054,885192,464
Workforce Employed13,67568,112250,111
Workforce Unemployed8254,34018,403
Civlian Workforce14,49972,453268,514
Military Workforce011116
Total Households10,21846,410175,131
Family Households6,55331,571119,275
Non-Family Households3,66514,83955,856
Married Couple3,84818,81668,024
Other Family2,70512,75551,251
Married w/Child1,2846,53524,606
Single Male w/Child1891,0424,435
Single Female w/Child9524,05416,326

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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