$10,500,000
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45,928 SqFt
SOLD DATE : 05/31/2022
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 45,928 sqft
Price per Sqft $212
MLS Listing ID A11213627
Sold Date 05/31/22
HOA Y/N No
Year Built 1974
Annual Tax Amount $147,871
Contingent Pending Inspections
Lot Size 1.390 Acres
Property Sub-Type Office
Property Description
The physical building consists of 91,000 total square feet including the 100+ car parking garage, 45,928 of which is leasable. This stunning building boasts a marble entryway, gorgeous hallways and common area, and ample parking. This property was constructed in 1976 and fully renovated in 2018 & 2020 with over $2mil improvements and tenant buildout. These upgrades include a new HVAC system, LED lighting, new elevator cabins and mechanical, a new fire system, landscaping, and paving. This building is in excellent overall condition and very well maintained. All tenant spaces are fully equipped and nicely builtout. Strong Tenant mix includes MRI center, Dentists, cosmetic surgeons, & OBGYN. 91.47% of the property is occupied with 14 tenants and only 1 vacancy.
Location
State FL
County Broward County
Area 3680
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Tax ID 504101350010
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Financing Conventional
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