Albert Wilk broker of Wilk RealEstate Ltd. New-York and Florida licences
Since 1987
Albert Wilk, Licensed Real Estate Broker in New York & Florida

900 26th Ave, Fort Lauderdale, FL 33304

Investor/Developer or Build to suit Owner opportunity. 8650 sqft RO classified Medical building located in East Ft Lauderdale. Appraised at $2.6M. Solid building that needs renovation. Est. ProForma Cap rate of ~8%(@$22/nnn) w/ modest rehab($200k), or Proforma value of $3.5M@ $25/nnn/6% MOB cap rate w/ full renovation to class 1 Medical facility($650k). Great property w/ significant potential upside & equity. Previous dental office (w/ current medical business lic) that can be easily converted to any type medical facility. Currently configured w/ 11 fully plumbed medical offices, reception area, lobby, Elevator, owners Suite & 4000 SqFt of separate 1st floor medical office space or income producing office space. Great investment opportunity for an Investor or build to suit Owner.
900 26th Ave

900 26th Ave, FL 33304

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Year Built: 1982
Est. Taxes $ Yr.: $35,621
Zoning: RO
Property type: Apartments / Condominium / Medical Office / Office Space / Office/Retail / Professional Commercial / Residential income / Dock Height Building
Neighborhood: Fort Lauderdale
Zip: 33304
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Please Call: 718-376-0606

Listing courtesy of United Realty Group Inc | MLS: A10603983
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