3371 SW Martin Downs Blvd - Office FOR SALE


Palm City, FL 34990
$2,395,000 USD
772-631-6604
3371 SW Martin Downs Blvd, Palm City, FL for Sale
$2,395,000 USD
Office - FOR SALE
1/60
null | 6.7% Cap Rate

3371 SW Martin Downs Blvd
Palm City, FL 34990


HIGHLIGHTS

  • Professionally kept property with new roof and mechanicals
  • Great access to I-95 and the Florida Turnpike. High traffic area.
  • Open Plans with lots of natural light.
  • Close to the new community of Newfield soon to be over 1000+ new homes.

OVERVIEW

5721 sf professional building available for sale. 2690sf currently leased until Sept 2027. 3031sf available to lease or to occupy by the new owner. New roof in 2023. New AC units in 2022 and 2023. Property is in excellent, move in condition. This building is conveniently located on the main thoroughfare through Palm City and has direct access to the Florida Turnpike as well as I-95. Suite A will be available for use or lease upon closing. This area is currently setup as a professional hairstylist space for up to 13 stylists and includes separate rooms for massage and aesthetics as well as areas for manicure and pedicure services. The entry area has client seating with a reception desk and retail sales area. Suite B is currently leased and occupied by the top real estate office by volume in Martin County. The lease currently runs through Sept 2027. Current lessee would be willing to extend the lease if available. There are 39 parking spaces on site as well as a screened, private, trash area to the rear of the building. Additional details for the lease on suite B are available upon request.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$419 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

PUD-R

APN/PARCEL ID

13-38-40-039-000-0001.0-0-0000

ASK ABOUT THIS PROPERTY

Peter IandoliRe/Max of StuartMore Info
772-631-6604

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Peter IandoliRe/Max of StuartMore Info
772-631-6604

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.