1 129Th AvePembroke Pines, FL 33027

Property Details for 1 129Th Ave

Year built

1990

Construction

CONCRETE

Property size (Sq ft)

4,684 SF

Zone code

(PO)

Property type

Office properties

Property subtype

Office buildings

APN

51-40-14-AE-0010

APU

514014AE0010

Description

This exceptional 4,100 square foot medical office space is ideally situated in Pembroke Pines, offering unparalleled convenience and accessibility. Located just one mile east of I-75 on Pines Boulevard, this property enjoys a prominent position near Century Village and Memorial West Hospital, ensuring high visibility and a strong patient base. The single-tenant space is perfectly configured for a medical practice, featuring four exam rooms, a private office, a dedicated lab area, and an x-ray room. The building is zoned (PO), reflecting its suitability for medical uses. This is a triple net lease opportunity with an attractive incentive: two months of free rent! The common area maintenance (CAM) charge is $17.98 per square foot. The property's address is 1 SW 129th Ave #401, and its APN is 514014AE0150. This is a single-suite building, offering a private and efficient workspace for your medical practice. Don't miss this chance to establish your practice in a thriving, high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,348,122

  6.5%

  $1,244,420

  7%

  $1,155,533

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,008,874

  Geo Method

  $2,008,874

• Alternative Use

  Use

  Valuation

  Residential

  $1,543,081

  Hospitality

  $1,413,454

  Educational

  $1,175,977

  Medical

  $1,216,421

  Retail

  $1,829,298

Location Insight

City

Pembroke Pines

County

Broward

State

Florida

Latitude

26.0069

Longitude

-80.3196

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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