420 S Dixie Hwy - Loft/Creative Space CONDO FOR SALE


Coral Gables, FL 33146- Upper Riviera
$595,000 USD
305-443-7423
420 S Dixie Hwy, Coral Gables, FL for Sale
$595,000 USD
Loft/Creative Space CONDO - FOR SALE
1/92
null | 9.03% Cap Rate

NEW


420 S Dixie Hwy
Coral Gables, FL 33146
Upper Riviera


HIGHLIGHTS

  • Super Professional Location near affluent So Gables neighborhoods & University of Miami.
  • Downtown Coral Gables, So Miami, Coconut Grove, Brickell, Downtown Miami, Miami Intl Airport, Seaport, Metrorail, Tri-Rail, Brightline are all nearby
  • Major high traffic highways, roads, expressways and metrorail make access from all directions EZ

OVERVIEW

Prime So. Gables location for this Professional Office Building with direct access from all compass points to US Hwy-1 and Le Juene Rd. Loacted in an affluent South Gables business district bordering residential neighborhoods where median home prices are $1.5M, 96% of the population are professionals. Near University of Miami, Downtown Coral Gables, South Miami, Coconut Grove, Downtown Miami, and Miami International Airport. • Purchase Price: $595,000 • Lease Term: $4,950/month (Modified Gross Lease) Min. 1 Yr possible renew. • Flexible Terms: Lease-Purchase may be considered. * Income & Expense Rental Analysis are Projections ONLY and are subject to changes up or down as the case may be*. Buyer(s) are advised to do their own due diligence and consult with other professionals, attorneys, accountants, brokers of their own choice, as they may deem advisable

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$492 USD /SF

CAP RATE

9.03%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

First Professional Condominium

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

30,000 SF

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

96

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

CB, Coral Gables

APN/PARCEL ID

03-4120-041-0001,03-4120-041-0090

ASK ABOUT THIS PROPERTY

Steven EpsteinThe Keyes CompanyMore Info
305-443-7423

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Steven EpsteinThe Keyes CompanyMore Info
305-443-7423

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.