2820 NE 214th St 901-902Aventura, FL 33180
FOR SALE - Active
$1,750,000
$1,870,000
(6.4%)
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 3,232 ft2/300.26 m2
- Price Per: $541.46 ft2/$5,828.23 m2
- Type: Commercial/Investment
- Built: 2021
- HOA: No info
- MLS Number: A11550096
- View No info
- On Site: 61 days
- Updated: Listing Refreshed: 6 Days Ago
Ivory 214 is Class “A” boutique office building featuring 34 offices ideal for medical use. Office suites 901 and 902 currently leased to a Cardiologist. Office 901 is 1,518 square feet. Office 902 is 1,714 square feet with an outdoor terrace. The initial lease term was signed for five (5) years with 3.5 years remaining. One renewal option for five (5) years at market rent. Rent increases of 3% per year. The current cap rate is 6.75% on a yearly NOI of $118,077. Ivory 214 features a full restaurant and café on premises and access to hotel amenities. Minutes from Aventura Hospital, Aventura Mall and Gulfstream Park.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 05/07/2024 | Price Reduced | $1,750,000.00 | 6.4% | $541.46 ft2/$5,828.23 m2 |
| 03/14/2024 | Listed | $1,870,000.00 | $578.59 ft2/$6,227.88 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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