$875,000
$1,400,000
37.5%For more information regarding the value of a property, please contact us for a free consultation.
18,597 SqFt
SOLD DATE : 03/06/2020
Key Details
Sold Price $875,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 18,597 sqft
Price per Sqft $47
MLS Listing ID A10786662
Sold Date 03/06/20
Style Detached
HOA Y/N No
Year Built 1975
Annual Tax Amount $32,284
Contingent Pending Inspections
Lot Size 0.554 Acres
Property Description
Vacant Special Use / Office Building in desirable East Hollywood, Florida. Previously used as an 82 Bed Assisted Living Facility. Property lost is ALF zoning and cannot be used as an ALF. Hight density RAC zoning allows most office and retail uses. Perfect for an owner-user, investor, or any special use. The physical building consists of 18,597 Sq.Ft of usable space situated on a 24,146 Sq.Ft lot. This building underwent a full renovation in 2011. During this renovation the elevator was replaced, the roof was replaced, new HVAC in all units, new flooring, new fire sprinkler systems. In 2011 this property appraised for $6,200,000. The current condition is below average, the roof is leaking, and the property requires some maintenance. Priced to sell at only $75 per Sq. Ft.
Location
State FL
County Broward County
Area 3050
Building
Architectural Style Detached
Others
Tax ID 514203100780
Financing Cash
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9831 NW 58th St UNIT 141, Doral, Florida, 33178, United States