6500 MIAMI Drive, Indian Lake Estates, FL 33855
sale
$1,290,000
|
Other
Courtesy Of US Realty Hub, LLC
Positioned at the highly visible corner of State Road 60 and the main entrance to Indian Lake Estates, this exceptional commercial plaza presents a rare value-add investment opportunity with the potential to generate an impressive 12.30% annual ROI. The property offers a diverse mix of income-producing and value-add spaces, including 2 fully renovated turnkey office/retail suites, 5 retail spaces, a garage unit, 1 flex space, a turnkey restaurant, and a sports bar. The office/retail suites and restaurant are move-in ready, while the retail spaces and sports bar are primed for tenant build-outs, allowing a new owner to customize and maximize rental income. The flex space offers additional upside with a full rehabilitation opportunity. Significant capital improvements have already been completed, including fresh exterior paint, a roof recoating, and new parking lot striping in 2024, reducing near-term maintenance costs. Located at the gateway to the Indian Lake Estates community with excellent frontage and exposure on SR-60, this property offers outstanding visibility, strong leasing potential, and long-term investment upside for both seasoned investors and owner-operators.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Cooling System: Window Unit(s)
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Exterior Type: Concrete
- Exterior Type: Block
- Floors: 1
- Legal Description: INDIAN LAKE EST UNIT 17 PB 40 PG 50 ELY 1/2 TRACT 22 & TRACT 23 SEC 4 31 30
- MLSID: O6426717
- Roof Type: Concrete
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