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Property Description

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 ten (10) years with 8.5 years remaining. Rent increases of 3% per year. The current cap rate is 6.3% on a yearly NOI of $118,077. Ivory 214 features full restaurant and café on premises and access to hotel amenities. Minutes from Aventura Hospital, Aventura Mall and Gulfstream Park.

Features
3
Address Map
FL
Miami-Dade County
Aventura
33180
2820 NE 214th St # 902
IVORY 214
W81° 51' 18.1''
N25° 58' 22.8''
MLS Addon
7-10 Year Lease, Long Term Lease
All Cash
1
Sale
Medical Office, Commercial Condo
$11,970
Click Here
6800
2
13/03/2024 21:52:59

2820 NE 214th St # 902, Aventura, Florida 33180

$1,870,000
3,232 size sq.ft.
Listing ID #A11550096
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11550096
Price $1,870,000
Year Built 2021
Days on Market 1
Building Area 3,232
Status Active
Property SubType Office
Parent Ivory 214
Lot Area 3,232 Sqft
List Date 2024-03-14
On Market Date 13/03/2024
Elena Beck
MiamiInvestrealty
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