2820 NE 214th St #901-902 Save Request In-Person Tour Request Virtual Tour
Aventura,FL 33180
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,232 sqft
Price per Sqft $524
MLS Listing ID A11550096
Year Built 2021
Annual Tax Amount $11,970
Lot Size 3,232 Sqft
Property Description
Ivory 214 is Class ?A? boutique office building featuring 34 offices ideal for medical use. Office suites 901 and 902 currently leased to a Cardiologist. Office 901 is 1,518 square feet. Office 902 is 1,714 square feet with an outdoor terrace. The initial lease term was signed for five (5) years with 3.5 years remaining. One renewal option for five (5) years at market rent. Rent increases of 3% per year. The current cap rate is 6.75% on a yearly NOI of $118,077. Ivory 214 features a full restaurant and caf� on premises and access to hotel amenities. Minutes from Aventura Hospital, Aventura Mall and Gulfstream Park.
Location
State FL
County Miami-dade
Area 12
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other