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822 N Dixie Hwy - Commercial Portion

1,015 SF Office/Retail Unit Offered at £469,197 in Lantana, FL 33462

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Investment Highlights

Dixie Highway Frontage
Close to I95 and Beach

Luxury waterfront location

Executive Summary

Former beauty salon, now being used as a Real Estate office. Building built in 2005.

Property Facts

Price	£469,197	Sale Type	Investment or Owner User
Unit Size	1,015 SF	Building Class	C
No. Units	1	Number of Floors	1
Total Building Size	1,015 SF	Typical Floor Size	1,015 SF
Property Type	Retail (Unit)	Year Built	2005
Property Subtype	Storefront Retail/Office General Retail Storefront	Lot Size	6.53 AC

Price	£469,197
Unit Size	1,015 SF
No. Units	1
Total Building Size	1,015 SF
Property Type	Retail (Unit)
Property Subtype	Storefront Retail/Office General Retail Storefront
Sale Type	Investment or Owner User
Building Class	C
Number of Floors	1
Typical Floor Size	1,015 SF
Year Built	2005
Lot Size	6.53 AC

1 Unit Available

Unit 11-15

Unit Size	1,015 SF	Sale Type	Investment or Owner User
Price	£469,197	Net Initial Yield	1.09%
Price Per SF	£462.26	NOI	£5,118.87
Unit Use	Office/Retail	APN/Parcel ID	40-43-44-34-37-000-0110, 40-43-44-34-37-000-0120, 40-43-44-34-37-000-0130, 40-43-44-34-37-000-0140, 40-43-44-34-37-000-0150

Unit Size	1,015 SF
Price	£469,197
Price Per SF	£462.26
Unit Use	Office/Retail
Sale Type	Investment or Owner User
Net Initial Yield	1.09%
NOI	£5,118.87
APN/Parcel ID	40-43-44-34-37-000-0110, 40-43-44-34-37-000-0120, 40-43-44-34-37-000-0130, 40-43-44-34-37-000-0140, 40-43-44-34-37-000-0150

Description

The subject property is a Commercial Condo with Dixie Hwy/US1 frontage located on the street level of the Moorings at Lantana. Great street exposure for retail/office use and plenty of customer parking in the rear. Property includes front door reception area, bull pen, private meeting room, corner office, break room with storage and a classy front meeting room to greet clients. NEW HVAC system installed in 2021. Was used as a Beauty Salon in the past so has capped off water behind walls that can be easily reintroduced. The community offers 2 pools, 2 spas, a gym, business center, sauna, and clubhouse. All available to the commercial business owner. ONLY SELLING REAL ESTATE NOT BUSINESS. Call agent directly for more details.