7705-7709 Davie Road Ext
Hollywood, FL 33024

Carlos Ruiz of Real Capital Partners LLC & Christian Peter of Dark Horse Commercial Real Estate are pleased to present 7705 Davie Road Extension Davie, Fl. 33024. This building is being offered for purchase. Reasonably priced at Market Value. The building enjoys 200 linear feet of frontage to Davie Road Extension. A daily traffic count of 15,600 cars. The subject property is currently being used as 1st floor medical office. The 2nd floor currently consists of two 2 bedroom 2 bathroom apartments and four 2 bedroom 1 bathroom apartments. A floor plan is included in the package. This property was being used a drug rehabilitation center. The first floor, medical office has 6,649 SF RBA. The first floor has 5 bathrooms and 5 A/C units. The 2nd floor is made up of two 2 bed/2 bath units and four 2 bed/ 1 bath units for a total of 5,064 SF RBA. The 2nd floor has 8 total bathrooms and 6 A/C Units. 1st story has a camera security system. We feel the highest and best use is to convert the 2nd floor residential units to medical and/or professional office space. $30/SF improvement cost has been underwritten into the value of the building for 2nd story office conversion. A floor plan is included in the attachments and marketing package. The building is in very good physical condition. It also offer 4.6/1,000 of gross building area. 38 parking spaces in front of the building, 16 in the back of the building. The zoning is B-2, which allows Medical Office, Professional Office and other business uses. The current 2nd story residential units may be rented. It has been verified with the City of Davie it is a legal non conforming use. Refer to zoning attachment from the City of Davie. The building enjoys 200 linear feet of frontage to Davie Road Extension. A daily traffic count of 15,600 cars. 90% Loan to Value SBA financing is offered for this property by way of Bank United. Mortgage Payment and Cash to Close information is offered on the last page of this package.