15365 S Dixie Hwy

    Palmetto Bay, FL 33157
    • $5,250,000
    • STATUS: Active
    • ON SITE: 95 days
    • MLS #: A10707220
    $5,250,000
    • 0
      BEDS
    • 0.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1981
    County:

    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.

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    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 2019-10-18T23:42:54.087.
    www.southfloridahomefinderteam.com/homes/96910964

    15365 S Dixie Hwy Palmetto Bay, FL 33157

    • Price: $5,250,000
    • Status: Active
    • MLS #: A10707220
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.67
    Acres
    1981
    Built
    County:
    Miami-Dade
    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

    Pool Private YN No Waterfront YN No

    Interior Features

    Building Area Total 8000 Cooling Central Individual A/C

    Property Features

    Association YN No Building Name Palmetto Links Plaza Business Type Retail SpaceStrip Store Cooling YN Yes Documents Available Aerial Photo(S)Other Available InformationPhotos Electric Separate Meters Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN Yes Internet Entire Listing Display YN Yes Listing Terms All CashCashConventional/Refinance New Construction YN No Public Survey Section 28 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 26837 Water Source Public

    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 2019-10-18T23:42:54.087.
     
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