AMI Plaza & Vacant Lot 5337 Gulf Dr Local commercial 1 486 m² 100 % Loué À vendre Holmes Beach, FL 34217 8 317 535 € (5 595,58 €/m²) Taux de capitalisation 6,06 %

Fully leased strip center at prime location! Stable income, easy to lease, with upside potential.
Located on Anna Maria Island, a barrier island on Florida's Gulf Coast known for its white-sand beaches and historical charm. Located between the beach and the Bay, less than 1,000 feet from both - an absolutely prime location.
Sale includes a nearby .15 acre lot used as for parking for the center.
Both the lot and the center have development/upside potential.
The strip center is known as Ami Plaza, its address is 5337 Gulf drive and 5306 Holmes Blvd, Holmes Beach, Florida.
The lot is across the street, its address is 5378 Gulf Drive, Holmes Beach, FL.
Ami Plaza has 11 tenants, with leases between 1-4 years, all stable tenants. Due to limited supply and extraordinary demand, there is never a vacancy in the property for longer than 6 weeks
Plans approved in 2017 for three luxury condos above the plaza, presenting an exciting development opportunity. Reapproval would be required, but full plans can be shared upon request.
The vacant parking lot also has development potential - the owner has received offers for $850K
Owners spent $2.3 million on a major remodel in 2008-2011, with most major components replaced including plumbing, glazing, siding and roofing completed, property is fully maintained and recently painted. Property condition is now like new.
AMI Plaza is 16,000 SF (11,000 RSF), with an NOI of $575,458.
Asking price is $9.5 million for both the AMI Plaza and the vacant lot.
Some Seller finance is a possible option from a qualified buyer unto 35% over 5 years 3% over bank.
All hazard and wind insurances decreased this year for the second year a row.