2400 NW 18th Ter, Miami, FL 33125 | MLS A10441185 | Listing Information | BHHS Florida Realty

2400 NW 18th Ter,  Miami FL, 33125

Status: Active
MLS#: A10441185
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Last Updated: 12/10/2018 11:23 PM
Description for 2400 NW 18th Ter Miami, FL 33125
The marina sits on 77,129 SF in fee simple; the submerged fee simple totals approximately 57,000 SF; non-submerged fee simple land is approximately 21,000 SF. It has 3,500 linear ft river frontage and seawall permitted for 70 vessels and can accommodate vessels over 100 ft on the river side. Depth for the interior (canal) spaces is 5-6 ft and depth on the river side ranges from 8-10 ft. It is situated on both the mainland and an eight ft wide strip that surrounds the entire island. The marina shares and enjoys the adjacent Isla Del Mar condominium security cameras and guard at no cost. Fully leased at $17.5 per ft will generate approximately $630,000 in gross potential revenue for 3,500 FT of the available dockage minus +/-15% for waste. Operating expenses are around $80,000-100,000/yr.
Price
$3,850,000
Miami-Dade County
A10441185
Active
Description
The marina sits on 77,129 SF in fee simple; the submerged fee simple totals approximately 57,000 SF; non-submerged fee simple land is approximately 21,000 SF. It has 3,500 linear ft river frontage and seawall permitted for 70 vessels and can accommodate vessels over 100 ft on the river side. Depth for the interior (canal) spaces is 5-6 ft and depth on the river side ranges from 8-10 ft. It is situated on both the mainland and an eight ft wide strip that surrounds the entire island. The marina shares and enjoys the adjacent Isla Del Mar condominium security cameras and guard at no cost. Fully leased at $17.5 per ft will generate approximately $630,000 in gross potential revenue for 3,500 FT of the available dockage minus +/-15% for waste. Operating expenses are around $80,000-100,000/yr.
Listing Information
Property Type: Other
1.77 Acres $49.92
Neighborhood
Room Information
Exterior / Lot Features
8 Parking Spaces, Off Site
None
River, In City, City Road
Financial Considerations
01-31-34-030-0012
$4,004
2017
Market Trends and Price History
Listing Price History

Miami Real Estate

Miami is located in Florida. Miami, Florida 33125 has a population of 441,003.

The median household income in Miami, Florida 33125 is $30,858. The median household income for the surrounding county is $43,099 compared to the national median of $53,482. The median age of people living in Miami 33125 is 39.1 years.

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Courtesy: Ash Property Group, Inc.
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This content last refreshed on 12/10/2018 11:23 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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