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North Miami Beach Financial Center

Summary
  • Listing Price: $10,000,000
  • CAP Rate Current: 3.88% | 6.23% Pro-Forma
  • Rentable Sq Ft: 30,647 SF
  • Lot Size: 107,422 SF (2.47 AC)
  • Approx Year Built: 1972
  • Price Per Sq Ft: $326.29
Investment Highlights
  • Rare Opportunity to Acquire 2.47 Acres of Land on West Dixie Highway in North Miami Beach
  • Over 675 feet of Frontage Along West Dixie Highway
  • Located within an Opportunity Zone
  • Site Plan to Develop Four (4) Additional Buildings on The Subject Property (Please See Page 18 of the Offering Memorandum)
  • Allowable Uses Include Retail, Office, Multi-Family, Townhouses, Hotels, and Motels
  • Slightly Over 2 Miles From The Affluent Sunny Isles Beach
  • Two Blocks Away From The Signalized Intersection Of Biscayne Boulevard and NE 163rd Street that Experience Traffic Counts of 49,500 VPD and 43,500 VPD Respectively
  • Strong Demographics – Population Exceeds 430,000 within a 5-Mile Radius
  • Property is Currently 100% Occupied