This medical office is situated in Coral Reef Medical Park, directly across street from Jackson South Medical Center, on the corner of US1 and SW 152 Street, and just 2 miles east to Florida Turnpike, an excellent transportation connection and high traffic exposure. Spanning 3,018 sqft, this renovated medical suite provides 12 doctor offices/exam rooms, 2 spacious waiting areas, 2 dedicated receptionist rooms, 1 fully equipped kitchen, 3 bathrooms, 1 storage and 1 shower. A brand-new roof and a state-of-the-art elevator were just installed in year 2023. This medical suite is 95% occupied by top-notch tenants and has over 7.32% cap ratio. investors can expect a solid return on investment and long-term stability.
MLS# | A11514225 |
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Listing Type | For Sale |
Style | Office Building |
Building Name | Coral Reef Medical Park |
Suite Number | 200 |
Sub-Type | Resale |
Status | Active |
Year | 1978 |
Days On Site | 397 |
Listing Provided By | Keywee Realty | Lisa Wang |
SQ Feet | 21,617 |
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Zoning | 6900 |
State | FL |
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County | Miami Dade |
City | Palmetto Bay |
Zip Code | 33157 |
Area | 50 |
Listing VS Median (in 33157) | |
Price: $1,599,900 low | high Med: $575,000 SqFt: 21,617 low | high Med: 1,259 $ / SqFt: $74 low | high Med: $466 On Site: 397 low | high Med: 50.000000 |