$3,800,000
$3,895,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
4685 PONCE DE LEON BLVD Coral Gables, FL 33146
Key Details
Sold Price $3,800,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F1325663
Sold Date 06/15/15
Construction Status New Construction
HOA Y/N No
Year Built 1960
Annual Tax Amount $27,516
Tax Year 2014
Property Description
Sought after 2 story medical office building in Coral Gables. Art deco architecture has distinct appeal. Layout allows for much flexibility. Includes a 3 year NNN leaseback to occupying owners at 6% cap. Market rents after year three equate to a 9% cap. B eautiful location with plenty of private parking and large muni lots directly across the street. Marble wall finishes, private covered balconies, new roof 2011 and an elevator retrofit to code. PRIME LOCATION. GREAT VALUE ADD.
Location
State FL
County Miami-dade County
Zoning 6400
Interior
Heating Central Electric
Cooling Central Individual A/C
Flooring Carpeted Floors, Ceramic Floor, Terrazzo Floors
Exterior
Water Access N
Roof Type Tar & Gravel Roof
Private Pool No
Building
Story 2.0000
Foundation Cbs Construction, Stone Exterior Construction
Sewer Public Sanitation
Water Public Water
Construction Status New Construction
Others
Pets Allowed No
Security Features Security System,Motion Detector
Acceptable Financing Cash, Cash Only, Conventional/Refinance
Listing Terms Cash, Cash Only, Conventional/Refinance
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