by RH Advisors

Check Availability
$550,000
Commercial - For Sale

5975 Sunset Dr #603

South Miami, FL 33143
bedrooms
Studio
bathrooms
0 Bath
$3,540
Estimated Monthly
$390
HOA / Fees
1.01%
Cap Rate

About This Property

This is an INVESTMENT opportunity FOR INVESTOR Looking to RECEIVE Monthly Rental Income when you buy this Medical or Professional Office that is now leased paying $3900 per month. **Estimated Cap return rate: 6.5% per year.  Ideal for Med-Spa, Physician's office, Dental, or other professional use.  
The space has a reception, a waiting area, a large treatment room with a sink, an exam room with a sink, an office, and a small kitchen.

**LOCATION: In the corner of South Dixie Hwy/US-1 and Sunset Drive (72 St) This office building is located in a prime location in South Miami within walking distance to South Miami Hospital, the Miami Metrorail Station, The Sunset Place Shops, numerous restaurants,  and other entertainment options.
** Call the listing agent for additional information.
Unit Size
-
Days on Market
90 days
Land Size
0.02 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$449
HOA Dues
$390
Year Built
-
Listed By
Andres De Jesus
Best International Realty
Last updated: 3 months ago (Miami MLS #A11528778)

Price History

Date / Event Date Event Price
Feb 12, 2024 Sold $3,900
Sold
Feb 6, 2024 Listed by Best International Realty $550,000
Listed by Best International Realty
Nov 21, 2023 Listed by Southern Hill Real Estate $4,000
Listed by Southern Hill Real Estate
803 sq. ft. But seems even bigger, located on Sunset Drive just off US 1 and next to the train station. Perfect for a Med-spa or Physician's office. There is a reception area, an exam room with a sink, a large treatment room with a sink, a storage area, small kitchen or break room with a sink, and an office. The price of $4,000 is all in, no extras.

Property Highlights

Parking Available
Air Conditioning
Exterior Details

Property Information

Year Built: 1984

Building Information

Building Area Total: 64250
Building Area Units: Square Feet
Building Area Total: 64250

Lot Information

Lot Size Units: Square Feet
Lot Size Square Feet: 803
Financial Details
Tax Legal Description: SUNSET STATION CONDO UNIT 603 UNDIV 1.4886% INT IN COMMON ELEMENTS OFF REC 23658-4072 OR 23656-3023 0805 2 COC 25996-1597 10 2007 1
Tax Annual Amount: $5,387
Tax Year: 2023
Parcel Number: 09-40-25-080-0240
Property is Zoned: 6506

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
910 ft²
$469/ft²
$426,500 Nov 20, 2023
$426,500 Dec 15, 2023
$1,049/mo
House
2 Beds
1 Bath
714 ft²
$574/ft²
$410,000 Nov 1, 2023
$410,000 Jan 22, 2024
$487/mo
House
2 Beds
1 Bath
1,375 ft²
$429/ft²
$590,000 Nov 21, 2023
-
$607/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231121 Unit 603
11/21/2023
603
Loft
-
-
$4,000
bedrooms
Loft
bathrooms
-
$3,900 -2.50%
02/12/2024
-
Gary Robinson
Southern Hill Real Estate
20230617 Unit 701
06/17/2023
701
Loft
-
-
$619,000
bedrooms
Loft
bathrooms
-
-
-
-
Nicole Dwyer
Exp Realty
20220804 Unit 701
08/04/2022
701
Loft
-
-
$629,000
bedrooms
Loft
bathrooms
-
-
-
-
Thomas Dwyer
EXP Realty LLC
20200614 Unit 607
06/14/2020
607
Loft
-
368 ft²
$159,000
bedrooms
Loft
bathrooms
-
square feet
368 ft²
-
-
-
Miguel Salvat
Century 21 BE3
20190409 Unit 604
04/09/2019
604
Studio
-
-
$334,800
bedrooms
Studio
bathrooms
-
-
-
-
Jill Balli
RE/MAX House of Real Estate
20190409 Unit 605
04/09/2019
605
Studio
-
-
$385,000
bedrooms
Studio
bathrooms
-
-
-
-
Jill Balli
RE/MAX House of Real Estate

Building Info

5975 Sunset Drive 5975 Sunset Drive, Miami, FL 33143
  • 1 Unit for Sale
More about this Building
5975 Sunset Drive
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