UNDERLINE FIT ON CORAL WAY

299 SW 17th Rd

Miami, FL 33129

Status:
Under Contract
Price:
TBD
Net Rentable (SF):
4,143 SF
Year Built:
1987
Lot Size:
3,560 SF

INVESTMENT OVERVIEW

Javier Ubeda and Arthur Porosoff of The Porosoff Group at Compass Commercial are pleased to exclusively market for sale Underline Fit on Coral Way. This free-standing 3-story building is located on the major traffic corner where Coral Way (SW 3rd Ave) intersects with Interstate 95 in the heart of Miami. This irreplaceable location is just half a mile east of Brickell Avenue, the most important business and banking corridor in Miami.
Underline Fit is a state-of-the-art personal training facility with top-class instructors and equipment. The business enjoys a stable patronage of clients due to the one-on-one nature of the personal training offered and Covid-19 increasing the demand for reduced capacity gyms and personal training.
The gym operates on three levels: an outdoor ground floor level, as well as second and third floors with state-of-the-art weight and cardio equipment.

INVESTMENT HIGHLIGHTS

  • T-6-8-O Zoning Allows for a Wide Variety of Uses, Including Medical Office, Spa, Shared Workspace, Attorney/Professional Offices
  • Possibility of Tenant Signage Along I-95 with 60,000 Vehicles per Day
  • Ample on Site Gated Parking
  • Brand New Elevator
  • Irreplaceable Location on the Corner of Coral Way (SW 3rd Avenue) and SW 17th Road in the Heart of Miami
  • Annual Average Daily Traffic of 60,000 Vehicles on I-95 and 19,200 Vehicles on Coral Way (SW 3rd Avenue); 3-Mile Population of 273,000 and Average Household Income of $75,000 per Year
  • Half a Mile Away from Brickell Avenue, The Most Important Business and Banking Corridor in Miami

EXCLUSIVELY LISTED BY

JAVIER UBEDA

CRE Multifamily Advisor
Tel: (305) 766-1864
Javier@porosoff.com

ARTHUR D. POROSOFF

CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379

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