Overview

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  • Status: Closed
  • Parking No info
  • Size: No info
  • Price Per: $220.00 ft2/No info m2
  • Type: Commercial/Investment
  • Built: 1977
  • HOA: No info
  • MLS Number: RX-10780119
  • View No info
  • On Site: 793 days
  • Updated: 85 Days Ago
  • Page Views: 0

Free standing single story office building with well established tenant in place. Buyer MUST be willing to buy with the current tenant in place until November 2026. Tenant has option for 2 additional 5 year terms. Being sold with tenant in place on 5 year NNN leases at $120k/year. 3% rent escalation per year. Tenant pays ALL expenses, capital expenditures, taxes, and insurance. 6% estimated CAP rate going up as rent escalation goes up. Showings need to be scheduled around tenants.

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Price History

DateEventPriceChange RatePrice Per
09/15/2022Sold$1,500,000.0016.7%$183.62 ft2/$1,976.48 m2
06/27/2022Price Reduced$1,800,000.005.3%$220.35 ft2/$2,371.78 m2
05/11/2022Price Reduced$1,900,000.005.0%$232.59 ft2/$2,503.54 m2
02/28/2022Listed$2,000,000.00$244.83 ft2/$2,635.31 m2

Features

Property Details for 3444 S Congress, Palm Springs, FL 33461

Commercial/Investment current status is Closed, 3444 S Congress is a Commercial/Investment in , Palm Springs, FL 33461 with property MLS ID# RX-10780119. This Commercial/Investment has been listed on Best of Luxury Realty since February 28, 2022 and is currently priced at 1,800,000. This property was built in 1977.
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This property is courtesy of the Coastal Real Estate Co. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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