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Gelfand Realty Miami Properties for Sale - Flex Space for Sale

310 NE 1ST AVE, HALLANDALE BEACH, FL 33009

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Flex Space - for Sale

310 NE 1ST AVE, HALLANDALE BEACH, FL 33009

Asking Price$3,600,000 Change Price$100,000

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  • Lot size 13910sqft
  • Taxes $17,554
  • Year Built 1962
  • Days on market:

    444 day(s)
  • Original Price:

    $4,500,000
  • Tax Legal Description:

    BEN-MEL BY THE SEA 16-3 B BLK A N 125 OF S 275 & W 5 OF 10 ALLEY ADJ
  • Property Type:

    Flex Space
  • Special Listing Conditions:

    Sale

Description

$3,600,000

This 9,615 sf flex space building is a perfect blend of office and true industrial, situated on a large 19,540 sf lot. the parking lot across the street is on a long-term lease with the city of hallandale beach and provides a tremendous amount of available parking.the property is 100% occupied by 3 tenants and is currently netting $219,307 per year, which will provide an investor with a strong 6.09% capitalization rate at full asking price. all tenants are currently month-to-month. the property can be delivered vacant for an owner-user.
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