2820 NE 214th St #901-902, Aventura, FL 33180 - Photo 1

1/1

$1,636,000

Sold
Closed
Office

1/1

Property Description

Ivory 214 is Class "A" boutique office building featuring 34 offices ideal for medical use. Office suites 901 and 902 currently leased to a Cardiologist. Office 901 is 1,518 square feet. Office 902 is 1,714 square feet with an outdoor terrace. The initial lease term was signed for five (5) years with 3.5 years remaining. One renewal option for five (5) years at market rent. Rent increases of 3% per year. The current cap rate is 6.75% on a yearly NOI of $118,077. Ivory 214 features a full restaurant and café on premises and access to hotel amenities. Minutes from Aventura Hospital, Aventura Mall and Gulfstream Park.

Full Property Details

Full Property Details for 2820 NE 214th St #901-902

General

Sold For: $1,636,000
Taxes: $11,970
Status: Closed
Type: Office
Source: Greater_Miami
MLS ID: A11550096
Added to Site: 676 day(s) ago

Business

Business Type: Commercial/Residential Income, Medical Office

Rental Information

Lease/Rent Term: 7-10 Year Lease, Long Term Lease
Lease Info: NNN

Parking

Total Spaces: 3

Location

County: Miami-Dade County
Building Name: IVORY 214

Community

Units Assoc/Comm: 2

Structural Information

Structure Type: Commercial Condo, Medical Office
Detached/Attached: Detached
Building Size: 3232
Current Bldg. Use: Commercial Office
Year Built: 2021

Unit Information

Units in Complex: 2

Lot Features

Lot Size (Sq. Ft.): 3,232
Potential Use: Unknown/Withheld
Zoning: 6800

Financial Considerations

Tax Amount: $11,970
Terms: All Cash
Tenant Pays: Common Area Maintenance, Electricity, Trash Collection, Water

Disclosures and Reports

Special Conditions: Sale
Documents Avail.: Aerial Photo(S), Other Available Information, Photos, Rent Rolls
Legal Description: OFFICES AT IVORY 214 COMMERCIAL CONDO UNIT 902 UNDIV 4.128732% INT IN COMMON ELEMENTS OFF REC 32309-3328
Property ID: 28-12-34-089-0050

Listed by Cervera Real Estate Inc.
Sold by Real Estate Factory of S. FL.

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— 2820 NE 214th St #901-902 —

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Schools

Schools serving 2820 NE 214th St #901-902

School District:Dade County School District

Name	Grades	Distance
Aventura Waterways K-8 Center 21101 Northeast 26th Avenue, Miami, FL 33180	PK-5	0.3 mi
Highland Oaks Middle School 2375 Northeast 203rd Street, Miami, FL 33180	6-8	0.8 mi
Dr Michael M. Krop Senior High School 1410 Northeast 215th Street, Miami, FL 33179	9-12	1.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2820 NE 214th St #901-902

Date

Details

Price

Change

Source

10/22/2024

Sold

$1,636,000

-3.48%

MLS

5/28/2024

Price Reduced

$1,695,000

-3.14%

MLS

5/07/2024

Price Reduced

$1,750,000

-6.42%

MLS

3/13/2024

Listed

$1,870,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2820 NE 214th St #901-902, Aventura, FL 33180 (MLS# A11550096) is a Office property that was sold at $1,636,000 on October 22, 2024. Want to learn more about 2820 NE 214th St #901-902? Do you have questions about finding other Office real estate for sale in Aventura? You can browse all Aventura real estate or contact a Coldwell Banker agent to request more information.

2820 NE 214th St #901-902 Aventura, FL 33180