310-320 NE 1st Ave, Hallandale Beach FL 33009
Hallandale BeachMap
For Sale
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
Map Location
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Miami Association of Realtors MLS data last updated on 9/25/2023 1:00:00 AM