Price Reduced 6.42%
Price History
$1,870,000
3/13/2024
$1,750,000
5/7/2024
2820 NE 214th St, #901-902, Aventura, FL, 33180
2021
Ivory 214 is Class “A” boutique office building featuring 34 offices ideal for medical use. Office suites 901 and 902 currently leased to a Cardiologist. Office 901 is 1,518 square feet. Office 902 is 1,714 square feet with an outdoor terrace. The initial lease term was signed for five (5) years with 3.5 years remaining. One renewal option for five (5) years at market rent. Rent increases of 3% per year. The current cap rate is 6.75% on a yearly NOI of $118,077. Ivory 214 features a full restaurant and café on premises and access to hotel amenities. Minutes from Aventura Hospital, Aventura Mall and Gulfstream Park.
Status:
Active
Type:
Commercial
Zoning:
6800
Parking:
3-car
Est. Taxes:
$11,970
Days on Market:
55
Lease Term Type:
Long Term
MLS #:
A11550096
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of Cervera Real Estate Inc. Phone: 305-374-3434