This ground floor office condo is strategically located directly on Presidential Circle. The presidential circle is considered to be Hollywoods premier office district and is very desirable and in close proximity to the Florida Turnpike and I95. Perfect for any owner user or investor. The building has three suites and offers ample, direct parking for customers. The low association fee of $350 a month includes water, trash, and full building insurance. This office can be leased after closing for $32 a foot net ($48,660 per year) which will yield an investor with a strong 8.59% capitalization rate on a proforma basis. This is an excellent opportunity to invest in the booming commercial real estate market. Please contact John DeMarco for additional information and for a full tour.
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A10785126) is provided courtesy of (RE/MAX 5 Star Realty). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 03-29-2024. IDX powered by Realty Net Media
Erika Meyer , Realtor
RE/MAX 5 Star Realty
4151 Hollywood Blvd & 1901 Harrison ST
Hollywood, FL 33021
954-558-8005
floridarealtor2003@yahoo.com