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Coral Reef Medical Park

$1,599,900

9299 SW 152nd St, Palmetto Bay, FL 33157

Active
Last Updated: 10/28/2024

21,617 sqft

Building Size

1978

Year Built

Details:
Building Size:    21,617 sqft
Year Built:    1978
Highlights:
  • Flooring: Tile
  • Construction Materials: CBS Construction
  • Security Features: Smoke Alarm, Smoke Detector(s)
Description:

This medical office is situated in Coral Reef Medical Park, directly across street from Jackson South Medical Center, on the corner of US1 and SW 152 Street, and just 2 miles east to Florida Turnpike, an excellent transportation connection and high traffic exposure.
Spanning 3,018 sqft, this renovated medical suite provides 12 doctor offices/exam rooms, 2 spacious waiting areas, 2 dedicated receptionist rooms, 1 fully equipped kitchen, 3 bathrooms, 1 storage and 1 shower. A brand-new roof and a state-of-the-art elevator were just installed in year 2023.
This medical suite is 95% occupied by top-notch tenants and has over 7.32% cap ratio. investors can expect a solid return on investment and long-term stability.

Map:
Location
Gallery