1595 89th Ter, Pembroke Pines, FL 33024-4677
- Day care centers
- 7,109 SF
- 0.95 lot acres
Current Use by Public Records
- Day care centers
Property Details for 1595 89th Ter
- Year built
- 1976
- Construction
- CONCRETE
- Lot size
- 0.95 lot acres
- Zone code
- (B-2)
- Property type
- Day care centers
- APN
- 51-41-08-01-0071
- APU
- 514108010071
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 26, 2024 | $1,700,000 | Mjm Olivera Investments LLC | Rise Community Church INC | Warranty Deed | $1.4M · First Citizens Bank & Trust Co |
| Jun 11, 2021 | $1,600,000 | Rise Community Church INC | Pembroke Finance LLC | Warranty Deed | $1M · Joseph Berg |
| Jan 17, 2020 | $1,013,300 | Pembroke Finance LLC | Arr Investments INC | Quit Claim Deed · related | — |
| Feb 17, 2003 | $675,000 | Arr Investments INC | Pembroke Lakes Academy INC | Grant Deed | $675k · Doral Bank |
| Jul 30, 1997 | $1,300,000 | Pembroke Lakes Academy | Garelli,geneva P | Grant Deed | $1.2M · At&t Commercial Finance Corp |
Description
This exceptional investment opportunity presents a single-story, mixed-use building totaling 2,500,000 dollars, ideally situated in the heart of Pembroke Pines, Florida. Constructed in 1977, the property is located at 1595 NW 89th Ter, Pembroke Pines, FL 33024, in Broward County. Its classification as a mixed-use, special purpose property, specifically a school, offers a unique potential for various redevelopment or repurposing strategies. The building's prime location within Pembroke Pines ensures high visibility and accessibility, making it an attractive proposition for investors seeking a strong return on investment. The property's single-story design simplifies operational management and potential renovations. The asking price of $2,500,000 reflects the property's significant potential and strategic location within a thriving community. This is a rare chance to acquire a substantial mixed-use property in a desirable area, presenting a compelling opportunity for both immediate income generation and long-term appreciation. Serious inquiries are encouraged to explore the full potential of this unique offering. Further details regarding the property's square footage and zoning are available upon request. The property is currently available for purchase.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,700,000
- ML approach
- $1,700,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,128,000
Market price range: $361k - $1.16M -
Alternative Use
- Use
- Estimation
- COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
- $2,230,000 Current use
- MEDICAL BUILDING
- $2,495,000 Change: +12% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Pembroke Pines
- County
- Broward
- State
- Florida
- Longitude
- -80.2658
- Latitude
- 26.0221
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA