MLS # :A11396817 |
Price :$1,299,000 |
Status :
|
Listing Date :Jun 01, 2023 |
Square Footage :Not Available |
County :Broward County |
Square Footage :Not Available |
Year Built :1955 |
Taxes :$7,093 Per Year |
Waterfront :No |
Virtual Tour :
|
|
Remarks :The subject property consists of 1,517 SF of office space on a 3,031 SF lot. Currently built out as a general office. This property also works very well for an investor. An investor can lease the property at a market rate of $58.19 p/SF NNN after closing. This will provide a net annual income of $88,274.23 and a 6.8% capitalization rate at full asking price. The zoning allows the building to be expanded to 2 stories / 6,000+ SF with no parking variance needed. Also, residential is permitted above the ground floor. Enjoy all the benefits of a downtown workplace which includes great business retail visibility, desirable employee work place location, close proximity to top restaurants and nightlife, major national events, and ample parking. |
|
Continue Your Search : |
|
Call: 305-998-9922
Sunny Realty
Disclaimer: Data provided is deemed reliable but not guaranteed. Sunny Realty is not responsible for the accuracy of the information
listed above. The data relating to real estate for sale, rent or sold on this web site comes from the Internet Data Exchange Program, South East
Florida Regional MLS, presented by Sunny Realty, courtesy of and is provided here for consumers personal, non-commercial use. It may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other
than the office owning this web site are marked with the IDX logo.
Sunny Realty is a full service, Miami real estate company, specializing in commercial properties as well as residences estates in Miami-Dade and Broward counties, Florida. We are a new generation of technologically advanced realtors. Since 2003 our real estate website has been delivering unique, sensitive and valuable information to our clients in a shortest period of time.
Sunny Realty
100 Bayview Dr, Suite PH15
Sunny Isles Beach, FL 33160
Tel.
1-(305) 998-9922
Email. Info@SunnyRealty.com
Copyright © 2003-2023. Sunny Realty. All Rights Reserved.
