Bought with RE/MAX Services
$2,025,000
$2,150,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
5661 NW 29th ST A Margate, FL 33063
4 Baths
12,850 SqFt
Key Details
Sold Price $2,025,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 12,850 sqft
Price per Sqft $157
Subdivision Coral Gate Professional Plaza I Condo
MLS Listing ID RX-10336006
Year Built 1983
Annual Tax Amount $33,533
Tax Year 2016
Lot Size 0.500 Acres
Property Description
RARE OPPORTUNITY TO GET A VERY NICE QUALITY MEDICAL BUILDING WHICH IS FULLY RENTED 1/3 MILE TO A REGIONAL HOSPITAL. LOCATED 1/2 MILE SOUTH OF SAMPLE ROAD WITH VISIBLITY FROM 441 NEXT TO A WALGREENS AND THE NEW BURGER KING. THERE ARE 4 MEDICAL GROUPS IN THIS BUILDING THAT HAVE OCCUPIED THE BUILDING FOR A LONG PERIOD OF TIME WITH SOME BEING HERE FOR OVER 20 YEARS. QUALITY TENANTS ON MULTI YEAR LEASES AND A GREAT CAP RATE MAKES THIS A PREFERRED INVESTMENT. WITH FAIR PRICE PER SQUARE FOOT, MULTI YEAR LEASES AND A GREAT CAP RATE MAKES THIS DEAL A GREAT INVESTMENT. AND AS GOOD AS IT GETS. THE AREA IS DOING GREAT AROUND THIS MEDICAL CENTER ALSO WITH MULTIPLE PROJECTS HAPPENING. LOOKING FOR A EASY TO OWN ASSET. THIS IS FOR YOU THIS LISTING IS SUBJECT TO ERRORS, OMISSIONS AND CHANGES AT ANY TIM
Location
State FL
County Broward
Area 3522
Zoning B-2
Interior
Heating Central, Central Building, Electric, Zoned
Cooling Central, Electric, Zoned
Flooring Ceramic Tile, Tile, Wood Floor
Fireplaces Type Smoke Alarm, Smoke Detector
Exterior
Community Features Deed Restrictions, Easement(s), Presently Leased
Utilities Available 220, Cable, Electric, Public Sewer, Public Water, Separate Meter
Roof Type Built-Up,Other
Building
Story 100.00
Foundation CBS, Concrete, Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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