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5701 Overseas Hwy - The First Professional Centre 4,139 SF Office Condo Unit Offered at $1,100,000 in Marathon, FL 33050
Investment Highlights
- Fully improved medical suite adaptable for a variety of medical specialties
- Suitable for professional offices and retail services in a high-traffic business location
- ± 4,139 SF (Divisible) -- Unit 16 ± 700 SF -- Unit 17 ± 3,440 SF
- Multiple exam rooms, lab & diagnostic rooms, offices, conference rooms, staff and guest areas
- Well-maintained by current ownership
Executive Summary
Suite Size: ± 4,139 SF • Unit 16 ± 700 SF • Unit 17 ± 3,440 SF Zoning: MU - Mixed Use Commercial Parking: 14 Spaces @ 1:300 SF Total Building Parking: 60 Spaces Building Area: ± 17,095 SF As Built: Medical Centre Property Taxes: $1,050 per year Operating Expenses: $1,781.00 per month
1 Unit Available
Unit 16/17
| Unit Size | 4,139 SF | Sale Type | Investment or Owner User |
| Price | $1,100,000 | Cap Rate | 10.00% |
| Price Per SF | $265.76 | NOI | $110,000 |
| Condo Use | Office | No. Parking Spaces | 14 |
| Unit Size | 4,139 SF |
| Price | $1,100,000 |
| Price Per SF | $265.76 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.00% |
| NOI | $110,000 |
| No. Parking Spaces | 14 |
Description
- ± 4,139-SF “As-Built” Improvements
- Unit 16: ± 700 SF
- Unit 17: ± 3,440 SF
- Units are divisible and contain separate entrances
- Fully improved medical suite adaptable for a variety of medical specialties
- Multiple exam rooms, lab & diagnostic rooms, offices, conference rooms, staff and guest areas
Suitable for professional offices and retail services in a high-traffic business location
Sale Notes
The First Professional Centre is primarily occupied by medical services joined by law firms, service, retail and social services.
Marathon’s central business district offers national and local brand retailers, restaurants, and financial services.
First Professional Centre is three minutes to Marathon International Airport. Marathon and its 13 Islands are a top destination for visitors and full-time residents.
+2 More
Medical Space
Floor Plan
Interior
Medical Space
Medical Space
Medical Space
Medical Space
Property Facts
| Total Building Size | 17,095 SF | Typical Floor Size | 947 SF |
| Property Type | Office (Condo) | Year Built | 1979 |
| Property Subtype | Medical | Lot Size | 1.72 AC |
| Building Class | C | Parking Ratio | 3.51/1,000 SF |
| Floors | 1 | ||
| Zoning | INC - Mixed Use Commercial Permitted Uses: • Medical • Professional Offices • Retail & Services | ||
| Total Building Size | 17,095 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 947 SF |
| Year Built | 1979 |
| Lot Size | 1.72 AC |
| Parking Ratio | 3.51/1,000 SF |
| Zoning | INC - Mixed Use Commercial Permitted Uses: • Medical • Professional Offices • Retail & Services |
Amenities
- Air Conditioning
Presented by
5701 Overseas Hwy - The First Professional Centre
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