Florida City Educational Investment
For Sale
$13,800,000
713 W Palm Drive, Florida City, FL 33034
Single tenant NNN K12 campus with expansion potential.
Property Size30,421 SF
Lot Size1.47 Acres
Price / SF$453.63
Days on Market148
Property Features for 713 W Palm Drive
General Information
Standard status
Active
Size
30,421 SF
Total Parking Spaces
73
Lot size
1.47 Acres
Zoning
6100
Net Operating Income
$576,000
Taxes and HOA fees
Annual Taxes
$124,312
Amenities
Central Air
Central
Fenced, Front Yard
Common, Guest
Building Details
Building Size
30,421 SF
Year Built
2011
Buildings
1
Stories
3
Listing Agency:
Compass
(561) 232-7899
Listed By:
Brad Kuskin · License #BK3333122
(561) 232-7899
Source:
Evrealestate
Added: Mar 29
Changed: Aug 23
Last Checked: Aug 22 at 9:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This rare single tenant NNN educational investment is located in Florida City's South Dade growth corridor. The property features a 30,421 square foot, purpose-built, three-story K12 campus. It is leased to Advanced Achievers Academy, a Step Up For Students scholarship recipient, which has been in continuous occupancy since 2015. The absolute NNN lease includes 3% minimum annual escalations and a 15-year renewal option. The tenant is responsible for all taxes, insurance, maintenance, and utilities. The offering includes a contiguous 1.47-acre expansion parcel with engineered plans approved for an identical mirroring facility, potentially doubling the campus capacity to over 60,000 square feet. The construction is institutional, featuring steel-reinforced concrete, hurricane-impact glass, and a concrete tile roof. The property is located less than 1 mile from Route 1 and the Ronald Reagan Turnpike. The property is somewhat bikeable with a bike score of 41 and car-dependent with a walk score of 25.
Key Highlights
- Absolute NNN lease with 3% minimum annual escalations and a 15‑year renewal option, ensuring a stable and increasing income stream.
- Includes a contiguous 1.47‑acre expansion parcel with approved engineered plans to double campus capacity to over 60,000 SF.
- Single tenant K12 campus (Advanced Achievers Academy) in continuous occupancy since 2015, indicating tenant stability.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Explore this area
Business Placement
Demographics for 33034, FL
22,850
Population
6,631
Households
3.4
Avg Household Size
34
Median Age
9%
College-Educated
65%
High-School Grad
1,173.1 sq mi
ZIP Area
19
Density / Sq Mi
$46,404
Median Household Income
$31,712
Median Earnings
$1,283
Median Rent
$310,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single tenant NNN K12 campus with expansion potential.
Where is this nnn property located?
The property is located at 713 W Palm Drive Florida City, FL.
What is the asking price?
The asking price for this property is $13,800,000.
What are key features of this property?
This property features: Absolute NNN lease with 3% minimum annual escalations and a 15‑year renewal option, ensuring a stable and increasing income stream.; Includes a contiguous 1.47‑acre expansion parcel with approved engineered plans to double campus capacity to over 60,000 SF.; Single tenant K12 campus (Advanced Achievers Academy) in continuous occupancy since 2015, indicating tenant stability.
