Grove Professional Condo Units-Proforma 8%Cap Rate

 
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Fabio F. Faerman

FORTUNE INTERNATIONAL REALTY

Office Phone: 305-400-63951633

Cell Phone: 786-262-9966

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Published on: Thursday, April 30, 2015 9:32:38 AM
Updated on: Monday, May 4, 2015 2:06:46 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Florida-41122

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 1985

 

Building Size: 10,512 SqFt

Lot Size: 0 Acre

No of Stories: 3

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Built in 1985 in Coconut Grove, Fl. as a luxury office condominium building with lots of glass and a red brick exterior finish. The building is a high quality office building located on SW 27 avenue in Coconut Grove. The building has three stories of well designed office spaces with a center core for elevators, bathrooms and staircases. The offices benefit from significant natural lighting due to the amount of window line in place. In addition, the building offers a ground level open court yard perfect for events and receptions.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 8

Commission Split (%): 0

Complete Details


Year Build: 1985

Building Size: 10,512 SqFt.

No of Stories: 3

Total Lot Area: 0.00 Acre

No of Parking: 0

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: B

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Metal

Occupancy: 100%

Full Description


Built in 1985 in Coconut Grove, Fl. as a luxury office condominium building with lots of glass and a red brick exterior finish. The building is a high quality office building located on SW 27 avenue in Coconut Grove. The building has three stories of well designed office spaces with a center core for elevators, bathrooms and staircases. The offices benefit from significant natural lighting due to the amount of window line in place. In addition, the building offers a ground level open court yard perfect for events and receptions.  The Property is located south of Downtown Miami in Coconut Grove, one of South Florida's most desirable places to live and work. Located South of US-1 in Miami's Coconut Grove area. The property sits right on SW 27 Ave minutes away from the Airport, Downtown , Brickell and Miami Beach. [Listing broker makes no representation or warranty as to the accuracy or completeness of the information being furnished, as all such information has been supplied by the seller, and buyers should conduct their own due diligence. Owner can take the property out of the market at any time.]

Additional Properties


Property Highlights
  • Two blocks from the Coconut Grove Metrorail Station
  • Three blocks from the Ritz-Carlton Hotel
  • South Florida's most desirable place to live and work
  • Beautiful architectural features, timeless design and functional floor plans

Attached Documents


 Download | Offering Memorandum ( 1,339.82KB)

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