48 SW 19th Ave

48 SW 19th Ave

PRICE

$ 5,500,000

Description

Little Havana Office Building for Sale. Three story 25k sf building, elevated with a 15,000sf ground floor parking lot. Urban Core office space is a hot commodity as the wave of population growth and new businesses moving to Miami are rapidly absorbing any and all office space. This building, in Little Havana, is particularly attractive as it provides the opportunity to own and occupy a high quality, extremely robustly built, office building on a major corridor leading directly into Downtown, but with easy access to many major surrounding neighborhoods such as Downtown, Brickell, Coral Gables, Civic Center, Wynwood and more. The area itself is booming with a wave of new high-quality developments adding to the existing substantial population base. Current tenancy is on a month-to-month basis, so new ownership can either fully occupy or re-lease the property. Area rents are around $20-25 psf for office. Ready-to-move, Commercial T6-8 Zoning, Over 18,000 Usable Space and over 45+ Parking Spaces.

Details

Property Use:
Investment
Property Type:
Office
Status:
For Sale
Building Size:
25,000 SF
Building Class:
C
Oportunity Zone:
NO
Year Built:
1972/2015
No. Of Units
3
Property Subtype:
Medical Office
LOT SIZE:
0.33 AC
Parkin Ratio:
1.8 pero 1,000 SF
Price Per Unit:

BROKERS

Carlos Fausto Miranda

cfm@faustocommercial.com

305-431-2258