310-320 1st Ave ,Flex Space for Sale & Rent

310-320 1st Ave for Sale & Rent

Price $3,600,000.00

  • Lot size 13910
  • Year Build 1962
  • Waterfront
  • Zip 33009
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

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.

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

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.

City:Hallandale Beach,Zoning:Central RAC,List A O R:A-Miami Association of REALTORS,Latitude:25.9898883,List Price:3600000,Listing Id:A11252431,Longitude:-80.1478174,Mls Status:Active,Year Built:1962,Postal Code:33009,Street Name:1st Ave,Coordinates:1:25.9898883,Photos Count:23,Days On Market:444,Lot Size Units:Square Feet,On Market Date:2022-08-05,Parcel Number:514222120011,Property Type:Commercial Sale,Street Number:310-320,Public Remarks: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.,County Or Parish:Broward County,Expiration Date:2024-02-29,List Office Name:RE/MAX 5 Star Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:4207,Property Sub Type:Flex Space,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:17554,Unparsed Address:310-320 NE 1st Ave, Hallandale Beach FL 33009,Listing Agreement:Exclusive Right To Sell,Building Area Total:9615,Building Area Units:Square Feet,Lot Size Square Feet:13910,Original List Price:4500000,Previous List Price:3700000,Public Survey Range:51,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2022-08-05,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Appointment Only,Call Listing Office,Street Number Numeric:310,Tax Legal Description:BEN-MEL BY THE SEA 16-3 B BLK A N 125 OF S 275 & W 5 OF 10 ALLEY ADJ,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,Contract Status Change Date:2022-08-05,Internet Address Display Y N:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $3,600,000.00
  • Price Change: 2023-09-01
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1962
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2023-09-01
  • Days on Market 575
  • Furnished
  • City Hallandale Beach
  • Zip 33009
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 17554
  • Taxes Year