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16870-16880 NE 19th Ave
North Miami Beach, FL 33162
North Miami Beach Medical Office · Office Property For Sale

Investment Highlights

  • http://properties.svn.com/NMBMedicalOffice - Link to Offering Memorandum - CA Required
  • Stabilized Occupancy Provides Investors Passive Income with Annual 2.5 Percent Rent Escalations with Expiring in 2028 with One, Five-Year Option
  • Absolute Net Leased, Single Tenant Medical Office Building with Zero Landlord Responsibilities
  • Debt Assumption with a Balance of Approximately, $1.34 Million at a 3.45% Interest Rate coming due in 2040

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
6,500 SF
Building Class
B
Year Built/Renovated
1970/2020
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,500 SF
Building FAR
0.31
Lot Size
0.48 AC
Zoning
MU/TC, North Miami Bch
Parking
20 Spaces (3.08 Spaces per 1,000 SF Leased)

Amenities

  • Reception
  • DDA Compliant
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 07-2209-023-0010
  • 07-2209-023-0011
  • 07-2209-023-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$771,435
  • Listing ID: 25000248

  • Date on Market: 2/7/2022

  • Last Updated:

  • Address: 16870-16880 NE 19th Ave, North Miami Beach, FL 33162

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