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423-425 NW 10th Ter - Wedgewood Business Park
3,385 SF Flex Condo Unit Offered at $1,849,000 in Hallandale Beach, FL 33009
Investment Highlights
- 423-425 NW 10th Terrace offers two meticulously maintained connected commercial condos thoughtfully designed for today's professionals.
- Interior features include polished tile and plank flooring, modern glass-walled offices, vibrant windows, and versatile open workspaces.
- Offered for lease or sale, occupants will enjoy an outdoor leisure area with a putting green, lounge seating, and waterfront dock.
- North of Miami, the property provides incredible accessibility to local amenities and connectivity to Interstate 95 and US Highway 1.
Executive Summary
423-425 NW 10th Terrace introduces an exceptional opportunity to own or lease contemporary commercial condos within the Wedgewood Business Park in Hallandale Beach. Spanning 3,385 square feet, these modern spaces are designed for productivity and comfort, featuring a welcoming reception area with sleek overhead track lighting, polished tile and plank flooring, glass-walled private offices, and open workstations flooded with natural light. The property also includes a generously sized storage room for additional equipment and materials. Enhancing the appeal of this waterfront property and adding a little bit of daytime fun, a leisure area complete with a dock, putting green, basketball hoop, and inviting outdoor seating and lounge spaces provide the perfect setting for relaxation or informal gatherings. The sale includes two folios, 10 assigned parking spaces, and two covered parking spaces, with quarterly condo maintenance set at $1,250. Near Interstate 95 and US Highway 1/Biscayne Boulevard, 423-425 NW 10th Terrace offers swift access to various shopping, dining, and entertainment options. A few miles north of Miami, the property provides direct routes to major highways and public transportation, offering a mere 13-minute drive from Fort Lauderdale-Hollywood International Airport (FLL) and only five minutes from the Hollywood Tri-Rail station. Take advantage of this prime opportunity to secure a stylish office in a highly desirable locale.
Property Facts
Price | $1,849,000 | Building Class | B |
Unit Size | 3,385 SF | Floors | 1 |
No. Units | 1 | Typical Floor Size | 20,160 SF |
Total Building Size | 20,160 SF | Year Built | 1977 |
Property Type | Flex (Condo) | Lot Size | 2.47 AC |
Property Subtype | Light Manufacturing | Parking Ratio | 0.6/1,000 SF |
Sale Type | Investment or Owner User |
Price | $1,849,000 |
Unit Size | 3,385 SF |
No. Units | 1 |
Total Building Size | 20,160 SF |
Property Type | Flex (Condo) |
Property Subtype | Light Manufacturing |
Sale Type | Investment or Owner User |
Building Class | B |
Floors | 1 |
Typical Floor Size | 20,160 SF |
Year Built | 1977 |
Lot Size | 2.47 AC |
Parking Ratio | 0.6/1,000 SF |
1 Unit Available
Unit 423-425
Unit Size | 3,385 SF | Sale Type | Investment or Owner User |
Price | $1,849,000 | Cap Rate | 6.82% |
Price Per SF | $546.23 | NOI | $126,093.60 |
Condo Use | Flex |
Unit Size | 3,385 SF |
Price | $1,849,000 |
Price Per SF | $546.23 |
Condo Use | Flex |
Sale Type | Investment or Owner User |
Cap Rate | 6.82% |
NOI | $126,093.60 |
Description
Encompassing two condo folios, 423 and 425 NW 10th Terrace offers a combined 3,385 square feet of prime office space beautifully built out with modern accents. The property also features a outdoor leisure area.
DEMOGRAPHICS
Regional Accessibility
Amenities
- 24 Hour Access
- Air Conditioning
Nearby Amenities
Restaurants |
|||
---|---|---|---|
Ajiacos Restaurant | Colombian | - | 4 min walk |
Burger King | - | - | 5 min walk |
Lily Gastronomia Italian | - | - | 6 min walk |
Denny's | American | - | 7 min walk |
L'Chaim A Restaurant | - | $$ | 9 min walk |
Marash Turkish Cuisine | Turkish | $$$ | 12 min walk |
Retail |
||
---|---|---|
OneMain Financial | Finance Company | 4 min walk |
Health Mart Pharmacy | Drug Store | 7 min walk |
T-Mobile | Wireless Communications | 10 min walk |
Guitar Center | Music Instruments | 9 min walk |
Winn-dixie | Supermarket | 9 min walk |
Wells Fargo | Bank | 14 min walk |
Hotels |
|
---|---|
Tapestry Collection by Hilton |
100 rooms
6 min drive
|
Hampton by Hilton |
151 rooms
6 min drive
|
aloft Hotel |
207 rooms
7 min drive
|
AC Hotels by Marriott |
233 rooms
8 min drive
|
Four Points by Sheraton |
154 rooms
9 min drive
|
Le Meridien |
245 rooms
10 min drive
|
zoning
Zoning Code | I-L (Warehouse; Office; Light Industrial) |
I-L (Warehouse; Office; Light Industrial) |
Sale Advisor
Sale Advisor
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423-425 NW 10th Ter - Wedgewood Business Park
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