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310-320 NE 1st Ave, Hallandale Beach FL 33009

Commercial Sale

310-320 1st Ave

Hallandale Beach, FL 33009

ML#:A11252431
List Price:$3,600,000
Status:Closed
Days on Market:624
Listing Brkr:RE/MAX 5 Star Realty
Subdivision:—
Bedrooms:0
Baths:0
SqFt (Liv):—
Lot Size:13910 sqft
Year Built:1962
Stories:—

General Information

Type Property:Commercial Sale
Style:Flex Space
Pool:—
Garage Spaces:0
Parking:—

Location Information

County:Miami-Dade County
Zip:33009
Subdivision:—
Latitude:25.989888
Longitude:-80.147817

Financial Information

Annual Taxes:$17,554
Original Price:$4,500,000
Days on Market:624

Remarks

This 9,615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19,540 SF lot. The parking lot across the street is on a long-term lease with the city of Hallandale Beach and provides a tremendous amount of available parking.The property is 100% occupied by 3 tenants and is currently netting $219,307 per year, which will provide an investor with a strong 6.09% capitalization rate at full asking price. All tenants are currently month-to-month. The property can be delivered vacant for an owner-user.

Listing Agent

John DeMarco

RE/MAX 5 Star Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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