Homestead, FL 33030

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$2,850,000
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of The Keyes Company

Prime corner property with direct exposure amp ; on highly traveled Krome Avenue !

Description

Prime corner property with direct exposure & on highly traveled Krome Avenue! Approx. 4800 SF total with 22 parking spaces, 1-car carport & 1-car garage on 20k+ SF lot. Building features two units: a +/-2500 SF turnkey permitted daycare center and a +/-2300 SF physician office leased at $6k/month with 5% annual increases & 3 years remaining. Daycare space also available for lease at $7300/month with 5% annual increases and includes $150K+ in renovations, new HVAC & fire suppression/sprinkler system, classrooms, full kitchen, 2 half baths, 1 full bath, fenced play area & ample storage. Physician side offers exam rooms, break room, 2 half baths & storage. Newer roof and 40-year inspection completed in 2021. Great owner-user or investment opportunity with income potential. Owner financing with $800,000 down, 8% interest only, amortized over 30 years to balloon in 2 years.

Amenities

  • FireSprinklerSystem
  • Other
  • SmokeDetectors

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.