Price $3,600,000.00
Listing ID A11252431
Status For Sale
Address
Map
310-320 NE 1st Ave, Hallandale Beach FL 33009
Area Hallandale Beach
Beds
Baths
Square Ft
Lot Size 13,910
Year Built 1962
Taxes $17,554

Description

This 9,615 SF flex space building is a perfect blend of office and true industrial situated on a large 19,540 SF lot. 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 building as well as the adjacent lot is being sold for $4,250,000. The property is 100% occupied by 3 tenants and is currently netting $184,368 per year which will provide an investor with a strong 5.12% capitalization rate at full asking price. All tenants are currently month to month. The property can be delivered vacated for an owner user.


Features

  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

Copyright 2020 Miami Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Miami Association of Realtors MLS data last updated on 9/25/2023 1:00:00 AM