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Warehouse – West End, Miami, Florida, USA

$7,000,000
$3,068 /m²
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  • Total area
    2,281 m²
  • Built in 
    1987

This offering is an office condo investment portfolio of 18 fully leased units at Tamiami Commerce Center (34 total units in complex) in the rapidly growing West Kendall neighborhood of Miami Dade county. ONLY $ 285 PER SQ FT. BUYER CAN RESELL UNITS INDIVIDUALLY FOR A SIGNIFICANT PROFIT. OFFICE UNITS IN THE NEIGHBORHOOD SELL IN EXCESS OF $ 310 PER SQ FT. The building is newly painted and the parking lot has just been resealed. The office units range in size from 619 sq ft to 1,510 sq ft. The total square footage of the office units is 24,562 sq ft. The owner controls the association which is well managed and has substantial reserves. All units are up to date on their rent. $ 438,429 NOI. 6.26% Cap rate at asking price.

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