Fausto Commercial is pleased to present an exclusive opportunity to acquire this expansive industrial property which spans over 62,000 square feet and holds a prime position at one of the prominent corners within the bustling Town of Medley. Positioned along this key intersection, the property enjoys exceptional visibility with an impressive flow of traffic. More than 25,000 cars pass by this location daily, accompanied by over 4,000 trucks, making it an ideal site for various commercial ventures, particularly truck parking or a gas station. Strategically situated between major thoroughfares, including the Florida Turnpike, Palmetto/826, and W Okeechobee Rd, this property benefits from its convenient location within a well-connected transportation network.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$49.9K
Per Month
Principal & Interest
$49.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$30K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
John I. Smith K-8 Center
10415 NW 52nd St
Distance between this listing and this school2.97 miles
Public District Grades PK-5
Middle School
4
/10
Ruben Dario Middle School
350 NW 97th Ave
Distance between this listing and this school6.00 miles
Public District Grades 6-8
High School
5
/10
Ronald W. Reagan/Doral Senior High School
8600 NW 107th Ave
Distance between this listing and this school2.11 miles
Public District Grades 9-12
Assigned Schools
7
/10
John I. Smith K-8 Center
10415 NW 52nd St
Distance between this listing and this school2.97 miles
Public District Grades PK-5
Nearby Schools
8
/10
Mater Academy
7700 NW 98th St
Distance between this listing and this school1.02 miles
Public Charter Grades PK-5
8
/10
Ben Sheppard Elementary School
5700 W 24th Ave
Distance between this listing and this school1.24 miles
Public Magnet Grades PK-5
Assigned Schools
4
/10
Ruben Dario Middle School
350 NW 97th Ave
Distance between this listing and this school6.00 miles
Public District Grades 6-8
Nearby Schools
7
/10
Mater Academy Charter Middle School
7901 NW 103rd St
Distance between this listing and this school1.12 miles
Public Charter Grades 6-8
7
/10
Hialeah Gardens Middle School
11690 NW 92nd Ave
Distance between this listing and this school1.67 miles
Public District Grades 6-8
Assigned Schools
5
/10
Ronald W. Reagan/Doral Senior High School
8600 NW 107th Ave
Distance between this listing and this school2.11 miles
Public District Grades 9-12
Nearby Schools
9
/10
Mater Performing Arts & Entertainment Academy
7901 NW 103rd St
Distance between this listing and this school1.12 miles
Public Charter Grades 9-12
7
/10
Mater Academy Charter High School
7901 NW 103rd St
Distance between this listing and this school1.12 miles
The neighbors living near this home have an average income of $10,082. Most Miami-Dade County, FL residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8700 NW 93rd St
What is the listing price of this property?
The listing price of 8700 NW 93rd St property is $10,000,000.
What type of property is this?
The property 8700 NW 93rd St is land located in Medley, Florida, 33178.
Is this property for sale now?
Active Listing: 8700 NW 93rd St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 8700 NW 93rd St are: John I. Smith K-8 Center: GreatSchools Rating 7/10Ruben Dario Middle School: GreatSchools Rating 4/10Ronald W. Reagan/Doral Senior High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $33,128 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8700 NW 93rd St in Medley, FL and zip code 33178. This home sits on a 1.43 acre lot. It has been listed on Rocket Homes since June 28, 2023 and is currently priced at $10,000,000.
Over 206 listings were sold over their listed price in March 2024 in Miami-Dade County, FL. In the same period over 1213 listings were sold below the listed price and 285 listings were sold for the listed price. The number of homes for sale in Miami-Dade County, FL increased by 9.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 64 days, the median list price was $528,144.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
NBA/WNBA
NBA/WNBA
Yoga/pilates
PGA/LPGA
New York & Company
H&M
Chico's
Qdoba
Dominos Pizza
Cracker Barrel
Infiniti
Audi
Buick
Active Rock
Alternative