5900-5901 SW 74th Street
Miami, Florida
Building
Stats
- Property Type Office - Office Building
- Year built 1971
- Building size (SF) 33
- Size (Ac) 1.06
- Price $20,000,000
- Zoning Specialty Retail and RM-24
Overview
The Property is comprised of a ±33,112 SF fully-renovated and fully-stabilized Class A office building and its additional surface parking lots that provide an investor with the opportunity to create additional value through redevelopment in South Miami’s city center.
Highlights
The Property is 100% occupied and producing NOI of ±$1.1M annually. Approximately 60% of the tenants are engaged in medicine and health industries, or are health-and-wellness oriented.
The Property recently underwent a multi-year renovation which included a capital improvement program of nearly $1.3M leaving the Property in excellent condition with a number of new features, finishes and mechanical systems.
Excellent Location with immediate proximity to the Shops at Sunset Place, the University of Miami, South Miami Hospital, and the South Miami MetroRail Station.
Walkability is excellent, with five-minute walk times to a huge number of restaurants and cafes.
Team
David Duckworth
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
Brian C. de la Fé
John K. Crotty, CCIM
Brian C. de la Fé
David Duckworth
David Duckworth
David Duckworth
David Duckworth
David Duckworth
John K. Crotty, CCIM
John K. Crotty, CCIM
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