$749,000
$749,000
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SOLD DATE : 08/15/2017
Key Details
Sold Price $749,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10058747
Sold Date 08/15/17
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 8700
Year Built 2007
Annual Tax Amount $3,050
Tax Year 2016
Property Description
Owner said sell, just reduced by $ 50,000 to $ 749,00. This building was built new in 2007, designed for the current tenant as a day care. Current lease in place until June 30, 2020. Lease has annual 3% increases. Building has 3 bathrooms and design has kitchen for the daycare staff. Current Cap rate based on 2016 NOI is 8.69% at the asking price. Location is close to Hialeah Casino/Race track which is seeking approval of their master plan. Great 1031 exchange property for investors seeking Hialeah area.
Location
State FL
County Miami-dade County
Zoning 6300
Interior
Heating Central Electric
Cooling Central Building A/C
Flooring Carpeted Floors, Tile Floors
Exterior
Water Access N
Roof Type Built-Up Roof
Private Pool No
Building
Story 1.0000
Foundation Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Self Proprietor/Individual
Security Features Security Lighting
Acceptable Financing Cash, Conventional/Refinance, Exchange
Listing Terms Cash, Conventional/Refinance, Exchange
Special Listing Condition Presently Leased
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