15365 S Dixie Hwy

    Palmetto Bay, FL 33157
    • $5,250,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: A10707220
    Price Reduced
    UPDATED: 41 min ago
    $5,250,000
    • 0
      BEDS
    • 0.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    50
    Type:
    Commercial
    Built:
    1981
    County:
    Area:
    50

    School Ratings & Info

    Description

    FULLY RENOVATED SHOPPING CENTER!!! FULLY RENTED 7,801 sqft building. Long-term NNN (minimum 5 year) leases. 5.25% CAP RATE! Cash flowing at an average of $35/sqft in year 3. Selling on year 3 income (year 3 commences 2/15/2020). 29,185 sqft lot located on South Dixie Highway in Palmetto Bay, FL. Great long-term investment property along with redevelopment opportunities due to possible changes in the code for the US 1 corridor.

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-08-22T17:41:38.89.
    www.groveproperties.com/homes/96910964

    15365 S Dixie Hwy Palmetto Bay, FL 33157

    • Price: $5,250,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: A10707220
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.67
    Acres
    1981
    Built
    Neighborhood:
    50
    County:
    Miami-Dade
    Area:
    50
    Property Description
    FULLY RENOVATED SHOPPING CENTER!!! FULLY RENTED 7,801 sqft building. Long-term NNN (minimum 5 year) leases. 5.25% CAP RATE! Cash flowing at an average of $35/sqft in year 3. Selling on year 3 income (year 3 commences 2/15/2020). 29,185 sqft lot located on South Dixie Highway in Palmetto Bay, FL. Great long-term investment property along with redevelopment opportunities due to possible changes in the code for the US 1 corridor.
    Exterior Features

    Storm Protection Clear Impact Glass

    Interior Features

    Cooling Description Central Individual A/C

    Property Features

    Approximate Lot Size 29185 Electric Service Separate Meters Flood Zone X Information Available Aerial Photo(S)Other Available InformationPhotos Section 28 Subdivision Complex Bldg Palmetto Links Plaza Tax Amount 26837 Terms Considered All CashCash OnlyConventional/Refinance Typeof Property Retail Water Description Public Water

    Listing courtesy of Vella Real Estate.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-08-22T17:41:38.89.
     
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