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1200 Brickell Ave #300 Miami, FL 33131
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Key Details
Sold Price $2,735,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 5,343 sqft
Price per Sqft $511
MLS Listing ID A11666769
Sold Date 01/21/25
HOA Fees $8,203/mo
HOA Y/N Yes
Year Built 2008
Annual Tax Amount $31,745
Tax Year 2023
Contingent No Contingencies
Property Sub-Type Condominium
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
Exterior
Private Pool Yes
Others
Tax ID 01-41-38-142-0520
Security Features Security Guard
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Gidesa Realty, LLC