USD 3,000,000

7701 Davie Road Extension
Davie, Florida 33024

For Sale

Property Description

Great opportunity! Mixed use building. 12 Total Units (6 Office spaces and 6 Residential apartments). Excellent condition. Vinyl wood flooring in most of the building. Plumbing and Electricity recently updated. First floor is actually rented as two separate Offices with one of them occupying 5 bays. Second floor has four 2bed/1bath, and two 2bed/2bath apartments. 100% Occupancy giving a Cap.Rate of 5% over Investment (see attached file). Long Term Commercial Leases and 1 year Residential Leases. Huge lot (30,670 sf) with 38 parking spaces for the front office and 16 spaces in the back for the apartments. Separated FPL meters. Please, do not contact or disturb Tenants. Showings will be scheduled after an offer is accepted. No interior visits allowed, only drive by for the moment.

Listed by Real Time Finders, LLC

Property Details

ID #
A11004815
Status
Sale
Type
Commercial, Industrial, Mixed use
Zip Code
33024
Year Built
1975
Parking Spaces
54
Building Feature
Air Conditioning, Smoke alarms
Water Source
City/mains water
Septic
City sewer
Electric Service
110 Volts Power
Floor
Carpeted Floors, Tile Floors, Vinyl Floors
Lease Term
1 To 3 Year Lease, 4 To 6 Year Lease
Location
Corner Lot
Occupancy
Call Listing Agent
Parking
Common Parking, Guest Parking, Handicap Parking
Type of Building
Residential-Multi-Family
Utilities
Internet
Zoning Information
B-2
Miscellaneous
Balconies, City Licenses, County Licenses, Exterior Lighting, Laundry Facilities, Occupational Licenses, Rear Access, Storage
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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