Description
This offering is an office condo investment portfolio of 18 fully leased units at Tamiami Commerce Center (34 total units in complex) in the rapidly growing West Kendall neighborhood of Miami Dade county. ONLY $285 PER SQ FT. BUYER CAN RESELL UNITS INDIVIDUALLY FOR A SIGNIFICANT PROFIT. OFFICE UNITS IN THE NEIGHBORHOOD SELL IN EXCESS OF $310 PER SQ FT. The building is newly painted and the parking lot has just been resealed. The office units range in size from 619 sq ft to 1,510 sq ft. The total square footage of the office units is 24,562 sq ft. The owner controls the association which is well managed and has substantial reserves. All units are up to date on their rent. $438,429 NOI. 6.26% Cap rate at asking price.
Location
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Courtesy of: Southeast Property Manangement MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 29th June, 2022 12:50 PM (UTC)
