1900 N Bayshore Dr
Miami, FL 33132
Quantum On the Bay - Office · Office Property For Sale

John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of "Quantum on the Bay." The three-unit project is 100% leased to tenants with a long­term track record of success. The Location is in the landmark Quantum on the Bay residential condominium located in the prestigious Edgewater neighborhood of Downtown Miami. Free valet parking is available to the tenants and their clients. This offering includes 3 units (4 legal parcels). VSV Hair Salon is a successful beauty salon with a long-term lease, they occupy 1,250 SF. Excellence in Dentistry is occupying 1,598 SF is looking to sign a new 5­ year lease. Quantum Executive Offices are occupying 4,057 SF and are currently owner-operated. A buyer may assume the executive office business or lease the space. GOI $525,055.20, NOI $410,765.04 per year. This income provides an investor with a strong 6.09% capitalization rate at a full asking price. Please remember to not disturb existing tenants, to request a full tour call the the listing broker.