5661 NW 29th Street , A

    Margate, FL 33063
    • $2,200,000
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: RX-10446264
    Price Reduced
    UPDATED: 50 min ago
    $2,200,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,850
      SQFT
    • $171
      $/SQFT
    Type:
    Commercial
    Built:
    1983
    County:
    Area:

    School Ratings & Info

    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 VISIBILITY FROM 441, NEXT TO WALGREENS AND A 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 FOR A GREAT INVESTMENT. VIBRANT AREA AROUND THIS MEDICAL CENTER WITH MULTIPLE DEVELOPMENT PROJECTS OCCURRING.

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    © 2018 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2018-09-24T18:07:54.13.
    www.westpalmhomesearch.com/homes/85419479

    5661 NW 29th Street , A Margate, FL 33063

    • Price: $2,200,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: RX-10446264
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    12,850
    SQFT
    $171
    $/SQFT
    1983
    Built
    Neighborhood:
    Coral Gate Professional Plaza I Condo
    County:
    Broward
    Area:
    Margate
    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 VISIBILITY FROM 441, NEXT TO WALGREENS AND A 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 FOR A GREAT INVESTMENT. VIBRANT AREA AROUND THIS MEDICAL CENTER WITH MULTIPLE DEVELOPMENT PROJECTS OCCURRING.
    Exterior Features

    Roof Built-UpOther

    Interior Features

    Bath Toilets 4.00 Ceiling Height 10 Cooling CentralElectricZoned Flooring Ceramic TileTileWood Floor Heating CentralCentral BuildingElectricZoned Miscellaneous1 Landscaped Miscellaneous2 Med PlumbingOfficePrivate RestroomRear AccessReception AreaSeparate Office AreaTraffic Heavy Offices 4 Percent Air Conditioned 100.00

    Property Features

    Available Docs AppraisalSurvey Available Info AppraisalCopies Of LeaseExisting SurveyTitle/ Abstract Built Desc Resale Fire Protection Smoke AlarmSmoke Detector For Lease No For Sale Yes Lease 4-6 YearsAnnualLong Term List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Central Business DstInvestment Maintenance Fee Includes Exterior ElectricInsurance-BldgLawn Care Monetary Info Gross Sched Income 219197.00 Monetary Info Net Oper Income 150047.00 Monetary Info Total Expenses 69150.00 Possession At Closing Sale Includes Building OnlySigns Security Burglar AlarmSecurity Light Tax Amount Real Estate Taxes 34530.80 Tax Year 2017 Tenant Pays CableElectricInsuranceJanitorial Tenants 4 Terms Considered CashConventional Type Of Building CommercialMedicalOffice/Professional Use Professional Office Utilities 220CableElectricPublic SewerPublic WaterSeparate Meter

    Listing provided courtesy of Re/Max Services.

    © 2018 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2018-09-24T18:07:54.13.
     
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