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1275 South Patrick, 12.7 cap rate. with several tenants at easy to...

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$990,000.00
Satellite Beach Commercial/industrial For Sale

MLS #551548 Source: Space Coast Association of REALTORS | 1275 South Patrick, 12.7 cap rate. with several tenants at easy to...1275 South Patrick
Satellite Beach, FL 32937
Price reduced $100,000.00 since 1/9/12, NOW $990,000.00 | 12.7 cap rate. with several tenants at easy to lease sizes, this is a steady real estate investment for your portfolio. remodeled in 2006 featuring a florida vernacular architectural style and tropical landscaping. located in redevelopment area ...
Low interest financing available. Get Pre-Qualified
Top Features: short sale, for sale , Subdivision: Michigan Beach 8th Addn , Style: To Be Constructed

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This listing was first listed on this web site on January 9, 2012 and it was last updated on May 19, 2012
Source: carpenterkessel.com

Property Information

Property Features

Adjoining Property:Commercial
Acres - Total:1.22
Area / Zone Sort:381
Building Construction:Concrete Block
Buildings Total:1
Currentuse:Offices, Professional
Days On Market:961
Directions:From Eau Gallie Blvd turn north on South Patrick Drive, will be on your right in less than 3 miles.
Electric Service:208/220 Volt
Exterior Signage:Conforming
Heating And Cooling:A/c-central, Heating-central
Interior Improvements:Restrooms-private
Office Sqft:14870
Original Price:1895000
Parking:Handicap Spaces, Paved
Plat Book:0016
Plat Book Page:0143
Previous List Price:1090000
Property Format:3
Roof:Asphalt Shingle
Short Sale Y/n:Yes
Sitedescription:Main Street
Siteimprovements:City Sewer, City Water, Dumpsters Enclusive, Electric, Sprinklers/irrigation
Sqft Total:16234
# Parking Spaces:59
Units:10
Transaction Broker Commission Am:3.5
Transportationaccess:City
Zoning:comm

Room Information

Ceiling Height:8
Ceiling Heights:Office
Ceilingtype:Acoustical
Floors:Carpeted, Wood

Financial & Legal Information

Financing:Cash, Conventional
Legal Description:PT OF LOT 3 BLK X AS DES IN ORB
Occupancy:Upon Closing
Sale / Lease:Sale
Tax Amount:22077.11
Tax Id:2613510
Tax Id 1:263735560000X0000301
Tax Year:2010

All Available Photos

Listing Photo 1 Listing Photo 2 Listing Photo 3 Listing Photo 4 Listing Photo 5 Listing Photo 6 Listing Photo 7 Listing Photo 8 Listing Photo 9 Listing Photo 10 Listing Photo 11 Listing Photo 12

Listing courtesy of National Realty of Brevard
DeWayne Carpenter
321-693-2593
Kirk Kessel
321-544-9993