Margate, FL 33063,5661 NW 29th ST A
Listed by RE/MAX Services
Bought with RE/MAX Services

$2,025,000

Est. payment /mo

$2,150,000

5.8%
Est.Price: ?

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5661 NW 29th ST A Margate, FL 33063

4 Baths

12,850 SqFt

SOLD DATE : 12/26/2017

Key Details

Sold Price $2,025,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 12,850 sqft

Price per Sqft $157

Subdivision Coral Gate Professional Plaza I Condo

MLS Listing ID RX-10336006

Sold Date 12/26/17

Construction Status Resale

Year Built 1983

Annual Tax Amount $33,533

Tax Year 2016

Lot Size 0.500 Acres

Property Description

RARE OPPORTUNITY TO GET A VERY NICE QUALITY MEDICAL BUILDING WHICH IS FULLY RENTED 1/3 MILE TO A REGIONAL HOSPITAL. LOCATED 1/2 MILE SOUTH OF SAMPLE ROAD WITH VISIBLITY FROM 441 NEXT TO A WALGREENS AND THE NEW BURGER KING. THERE ARE 4 MEDICAL GROUPS IN THIS BUILDING THAT HAVE OCCUPIED THE BUILDING FOR A LONG PERIOD OF TIME WITH SOME BEING HERE FOR OVER 20 YEARS. QUALITY TENANTS ON MULTI YEAR LEASES AND A GREAT CAP RATE MAKES THIS A PREFERRED INVESTMENT. WITH FAIR PRICE PER SQUARE FOOT, MULTI YEAR LEASES AND A GREAT CAP RATE MAKES THIS DEAL A GREAT INVESTMENT. AND AS GOOD AS IT GETS. THE AREA IS DOING GREAT AROUND THIS MEDICAL CENTER ALSO WITH MULTIPLE PROJECTS HAPPENING. LOOKING FOR A EASY TO OWN ASSET. THIS IS FOR YOU THIS LISTING IS SUBJECT TO ERRORS, OMISSIONS AND CHANGES AT ANY TIM

Location

State FL

County Broward

Area 3522

Zoning B-2

Interior

Heating Central, Central Building, Electric, Zoned

Cooling Central, Electric, Zoned

Flooring Ceramic Tile, Tile, Wood Floor

Fireplaces Type Smoke Alarm, Smoke Detector

Exterior

Community Features Deed Restrictions, Easement(s), Presently Leased

Utilities Available 220, Cable, Electric, Public Sewer, Public Water, Separate Meter

Roof Type Built-Up,Other

Present Use Deed Restrictions,Easement(s),Presently Leased

Building

Story 100.00

Foundation CBS, Concrete, Other

Construction Status Resale

Others

HOA Fee Include Exterior Electric,Insurance-Bldg,Lawn Care

Security Features Burglar Alarm,Security Light

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Daniel A. Hammer, Sr.

License Partner/Broker

+1(678) 575-6805

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