Medical Office Condo - Coral Reef Medical

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30659004
Property Subtypes: Medical
Status: Pending/Contingent
Building Status: Proposed
Building Size (RSF): 1,237 SF
Gross Building Area: See Agent
Sale Price: $300,000
Unit Price: $242.52 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 9.35%
Average Occupancy Rate: 100
Last Updated: 1/18/2022

Overview / Comments

Currently occupied small medical office immediately across the street from Coral Reef Hospital. Solid investment or owner occupied opportunity.

Attachments & Media


Finance Data Year 2020
Real Estate Taxes - Annual($) $2,434 (Annual)
Gross Operating Income $40,800 (Annual)
Net Operating Income $28,066 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Miami-Fort Lauderdale-Pompano Beach
County: Miami-Dade
Tax ID/APN: 3050210340070

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,740 122,320 337,660
Median Age: 39.69 40.04 38.72
Households: 6,099 40,859 115,716


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