$5,400,000
Marco Island, FL 34145
MLS# 253750
Status: Closed
25000 sqft
1 / 6
Property Description
Rare Main Street Shopping Center on Marco Island! Now 7.2% Cap Rate. Great center - proven consistent cash flow and businesses, good physical condition. Net income approx.$420,000, room for significant upside! The best opportunity on Marco today is Commercial Condo Conversion with substantial profit - potential 8,600,000 in gross sales!!.
Details
Maps
Documents
Listing Information
Community: Marco Island
Subarea Type: Inland
Listing Contract Date: 2005-11-01
Sold Price: $5,400,000
Current Price: $5,400,000
Location, Tax, and Legal
Parcel Number: 57040320007
Tax Annual Amount: 36245
Tax Year: 2006
General Property Information
Use Code: 16
Ownership: Corporation
Approx. SqFt Of Land: 93750
Lot Size Dimensions: 375 x 250 2.15 ac+/-
Year Built: 1979
Total Area-SqFt: 25000
Remarks
Public Remarks: Rare Main Street Shopping Center on Marco Island! Now 7.2% Cap Rate. Great center - proven consistent cash flow and businesses, good physical condition. Net income approx.$420,000, room for significant upside! The best opportunity on Marco today is Commercial Condo Conversion with substantial profit - potential 8,600,000 in gross sales!!.
General Information Details
Max Ceiling Height: 12
Buyer Financing
Conventional: 1
Available Information
Leases: 1
Business Type
Free Standing: 1
Retail: 1
Construction Materials
Concrete Block Structure: 1
Precast: 1
Cooling
Central Individual: 1
Listing Terms
At Close: 1
Heating
Central Individual: 1
Common Area Maintenance
Electric Exterior: 1
Exterior Maintenance: 1
Grounds Care: 1
Insurance Exterior: 1
Lawn Care: 1
Management: 1
Real Estate Tax: 1
Floor
Concrete: 1
Electric
See Remarks: 1
Lot Features
City Lot: 1
Corner Lot: 1
Strip Center: 1
Parking Features
Common: 1
Parking Total: 147
Roof
Built-Up: 1
Flat: 1
Sewer
Sewer Central: 1
Sale Includes
Building & Land: 1
Water Source
Public: 1
Source Of Expenses
Owner: 1
Tenant Pays
Electric Interior: 1
Sewer: 1
Trash Collection: 1
Water: 1
Location Tax and Legal
Street Number: 701-721
Street Name: BALD EAGLE
Street Suffix: DRIVE
County: Collier
State: FL
Postal Code: 34145
Status Change Info
Status: Closed
Pending Date: 2006-11-27
Close Date: 2007-01-30
Close Price: 5400000
Property Features
Available Information: Leases
Business Type: Free Standing; Retail
Buyer Financing: Conventional
Common Area Maintenance: Electric Exterior; Exterior Maintenance; Grounds Care; Insurance Exterior; Lawn Care; Management; Real Estate Tax
Construction Materials: Concrete Block Structure; Precast
Cooling: Central Individual
Heating: Central Individual
Electric: See Remarks
Floor: Concrete
Listing Terms: At Close
Lot Features: City Lot; Corner Lot; Strip Center
Parking Features: Common
Roof: Built-Up; Flat
Sale Includes: Building & Land
Source Of Expenses: Owner
Tenant Pays: Electric Interior; Sewer; Trash Collection; Water
Sewer: Sewer Central
Water Source: Public
Seller Disclosure 
IDX
Listing Office: Horizons by the Sea, INC
Last Updated: August - 30 - 2024
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