$3,150,000
$3,475,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
1827 NE 25th St Lighthouse Point, FL 33064
0.5 Acres Lot
Key Details
Sold Price $3,150,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10329666
Sold Date 06/30/22
Construction Status Resale
HOA Y/N Yes
Year Built 1961
Annual Tax Amount $35,095
Tax Year 2021
Lot Size 0.502 Acres
Property Description
Great Office/Retail User and/or Investment property in Lighthouse Point! Just 1/4 mile east of U.S. 1 on N.E. 25 Street. 14,272 sf of building & 21,858 sf of land zoned B-1. Periodic Improvements since the early 2000's like silicon coating on the roof( 2019), as well as impact glass and interior improvements, plumbing, and electrical. 24 parking spaces incl. handicapped, with additional parking on the swale on the south side.
The NOI is approximately $90k per year( this number may change slightly as the leases are modified gross and the expenses attributed to the Landlord are still being confirmed).
Excellent opportunity for a user/owner to use the 5828 S.F. ( that will be vacate September of '22) to also get income from the other three tenants. Please do not disturb the Tenants!
Location
State FL
County Broward County
Area North Broward Intracoastal To Us1 (3211-3234)
Zoning B-1
Interior
Heating Central Individual A/C
Cooling Central Individual A/C
Flooring Carpeted Floors, Tile Floors
Exterior
Water Access N
Roof Type Other Roof
Private Pool No
Building
Story 1.0000
Foundation Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with Campbell & Rosemurgy Real Est