Coral Reef Medical Park

9299 SW 152nd St, 200 Palmetto Bay, FL

$1,500,000

Price

21,617 sqft

Building Size

1978

Year Built

Gallery
Street
Map
Overview
Building Size
21,617 sqft
Year Built
1978
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.

Highlights
  • Flooring: Tile
  • Construction Materials: CBS Construction
  • Security Features: Smoke Alarm, Smoke Detector(s)
  • Buyer Agency Compensation: 2%
Location
Gallery