For Sale
$530,000

5975 Sunset DrSouth Miami, FL 33143

High-Yield Office Space in Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This 8-story, 1984-built office condo, located at 5975 Sunset Dr #603 in South Miami, Florida (33143), is offered at $530,000. The unit boasts a desirable layout including a reception area, a large treatment office with a sink, an exam room with a sink, two additional offices, and a kitchen. Currently leased, generating a monthly rental income of $3,900, this investment property offers an estimated net return rate of 7% annually. The property includes two assigned parking spaces, with an additional 20 spaces available on-site for customers and employees. Its prime location on the corner of South Dixie Hwy/US-1 and Sunset Drive (72nd St) provides exceptional convenience and visibility. The building is within walking distance of South Miami Hospital, the Miami Metrorail Station, and the Sunset Place Shops and restaurants, ensuring high foot traffic and accessibility. This presents a compelling opportunity for investors seeking a strong return on investment in a thriving South Miami location. The building is eight stories tall.

Highlights

  • 8-story office condo in South Miami, FL, offered at $530,000.
  • Features reception area, treatment office with sink, exam room with sink, two additional offices, and kitchen.
  • Currently leased, generating $3,900 monthly rental income with an estimated 7% annual net return.
  • Includes two assigned parking spaces plus 20 additional on-site spaces.
  • Prime corner location at South Dixie Hwy/US-1 and Sunset Drive, near South Miami Hospital, Metrorail, and Sunset Place.

Property Details for 5975 Sunset Dr

Property type
Office properties
Year Built
1984
Stories
8

Location Insight

City
South Miami
County
Miami-Dade
State
Florida
Latitude
25.704787
Longitude
-80.29068
5975 Sunset Dr, South Miami, Florida

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5975 Sunset Dr
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