TAMPA, FL 33617

Property

Ownership: Fee Simple
Type: Unknown
Lot Size: 0.5 Acres

Financials

Price:$1,100,000
Annual Taxes:$11,795
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of KELLER WILLIAMS TAMPA PROP.

Prime investment opportunity featuring a fully leased commercial property occupied by Enterprise Rent A Car with approximately three years remaining on the current lease term.

Description

Prime investment opportunity featuring a fully leased commercial property occupied by Enterprise Rent-A-Car with approximately three years remaining on the current lease term. Situated on a highly visible corner parcel with approximately 140 feet of road frontage, this income-producing asset offers immediate cash flow and long-term upside potential. The property consists of a masonry commercial building on a generously sized lot with ample on-site parking and convenient ingress and egress. A major value-added feature is the existing approximately 600-amp, 3-phase electrical service—a substantial and costly infrastructure improvement that can support a wide range of power-intensive commercial operations. This enhanced electrical capacity provides exceptional flexibility for future users and can represent significant savings compared to installing similar service today. Previously operated as a restaurant, the property offers a unique opportunity for investors and business owners seeking a site with a history of food service use and infrastructure capable of accommodating a variety of commercial, retail, restaurant, automotive, or service-oriented businesses. Zoned for commercial general use, the site supports numerous potential applications while benefiting from strong visibility and accessibility. Investors will appreciate the stability of a nationally recognized tenant, while also benefiting from the property's strategic location, substantial land footprint, robust utility infrastructure, and potential for future redevelopment, expansion, or repositioning. Whether added to an investment portfolio for reliable income or held for future value enhancement, this is a rare opportunity to acquire a leased commercial asset with built-in cash flow and exceptional long-term potential.

Amenities

  • Accessible Entrance
  • Bb Hs Internet Capable
  • Corner Lot
  • Near Public Transit
  • Paved
  • Phone Available
  • Public
  • Refrigerator
  • Security System
  • Sidewalk
  • Storm Window(s)
  • Street Lights
  • Thermal Windows
  • Underground Utilities
  • Visitor Bathroom
  • Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.