1200 Brickell Ave #300 Active

Miami,FL 33131

$ 2900000

- Bed

0 Bath

5343 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 5,343 sqft

Price per Sqft $542

MLS Listing ID A11666769

HOA Fees $8,203/mo

HOA Y/N Yes

Year Built 2008

Annual Tax Amount $31,745

Tax Year 2023

Property Description

AG Commercial Real Estate Advisors is pleased to offer the opportunity to acquire this trophy location office condominium leased to Babson College, one of the most prominent education institutions in the US. This property is centrally located right in the heart of the 10th largest metropolitan area in the United States with a GDP of S409.4 billion as of 2022.

Babson has been operating this campus under a full service lease with favorable 3% increases per year since 2018. They recently exercised a ten (10) year lease extension showing full commitment to the site. 4.86% CAP

Babson College is the premier institution for business education taught through an entrepreneurial lens.

Location

State FL

County Miami-dade

Area 41

Interior

Cooling Central Air

Flooring Carpet

Others

Tax ID 01-41-38-142-0520

Security Features Security Guard

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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