Property Listing No Longer Available for Sale

3090 S. Douglas Road, Miami, FL

Health Care for Sale - $6,500,000 - 24,500 Sq. Ft. on 49299.44 acres


Property Info

CIMLS#613131
Location
  3090 S. Douglas Road
  Miami FL 33133
UpdatedNovember 14th, 2013
TypeHealth Care
Price$6,500,000
Building24,500 Sq. Ft.
Land49299.44 acres

Property Description

Potential 7% Cap Rate on Sale Leaseback

Frontage on Bird and Douglas Road! Over 64,400 cars per day!

Three blocks East of The Village of Merrick Park!

Across the street from 37th Ave Metrorail station

Over 1.16 acres with two buildings totaling 24,500 + SF

Redevelopment Opportunity! Build Up to 10 Stories!

Location Description:

Located on Douglas Road (SW 37th Ave) and Bird Road, three blocks East of Merrick Park with access off of Peacock Ave, as well. Across the street from the Metrorail station and surrounded by multi-story residential and office.

Highlights:

>> Potential 7% Cap Rate on Sale Leaseback

>> Excellent Redevelopment Potential! Build Up to 10 Stories!

>> Zoned D-1 Miami 21 - Office, Medical, Retail, Multifamily

>> Frontage on Bird and Douglas Road! Over 64,400 cars per day!

>> Three blocks East of high-end retailers at Merrick Park!

>> Across the street from 37th Ave Metrorail Station

* Email for additional photos


Financials

Sale Subject to Terms of Auction. Request Auction Application for Further Details.

Sales Info:

>> Commision split: 2.0%