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1531 TAMIAMI TRAIL S UNIT 8A-8N

Commercial Recently Sold
$249,900

BTC: 3.00577339

ETH: 94.30188679

Sold on: 2020-01-02
82 days
0 room(s)
3,226 sqft

Overview

SOUTHBRIDGE OFFICE CONDO ALREADY OCCUPIED AND GENERATING GREAT INCOME!--This 11 unit office building is nearly fully occupied (getting $400 to $500 per unit for most with one getting $675 and another at $650 the last suite is listed at $400 a month plus tax) and with $25,500k going out out a year in expenses (that's CAM, taxes and $200 a month electricity for both floors combined)and $58k currently coming in with one unit still left to rent out, this investment is at a well over 12% cap rate before renting out the last unit. There is a shared waiting room on the first floor along with a shared kitchenette and restroom. The upstairs restroom has a shower built in as well. There are 6 units downstairs including two salons, a counselor and a real estate company. There is a 100 square foot vacancy on the second floor ready for immediate occupancy. There is a BRAND NEW 2018 ROOF. Water is included in CAM fees.

Location

Details

Type:
Commercial Sale
Parking:
Common
Year Built:
1986
Lot:
No Data
Heating:
Central
Price/sqft:
$77
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$4,203
2018
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    • Mini-Split Unit(s)

  • Parking

    • Common

    Other Property Information

    • Parcel Number: 0433031306

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $4,203

  • Source details

    • MLS ID: A4446180

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 3226

    • Subdivision Name: SOUTH BRIDGE PARK

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS REALTY GOLD