713 W Palm Drive, Florida City, FL
Miami-Dade County
Key Facts
Description
Rare single tenant NNN educational investment in Florida City's explosive South Dade growth corridor. 30,421 SF purpose built, three story K12 campus leased to Advanced Achievers Academy, a Step Up For Students scholarship recipient in continuous occupancy since 2015. Absolute NNN lease with 3% minimum annual escalations and a 15 year renewal option. Tenant pays all taxes, insurance, maintenance, and utilities. Offering includes a contiguous 1.47 acre expansion parcel with engineered plans approved for an identical mirroring facility, doubling campus capacity to 60,000+ SF. Institutional construction: steel reinforced concrete, hurricane impact glass, concrete tile roof. Less than 1 mile from Route 1 and the Ronald Reagan Turnpike. Please do not disturb tenant. All tours must be scheduled.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
2011
Stories
3
Living Area
30,421 sq ft
Lot Size
2.94 acres
Parking Spaces
73
Zoning
6100
Days on Market
81
MLS® Listing#
B26008399
Property Features
Cooling
Heating
Parking
Fencing
Construction
Foundation
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$124,313
Tax year 2025
Assessed Value
$4,900,000
Parcel Number
1678250000390
Affordability Calculator
$2,760,000
Estimated monthly payment
$73,449/mo
Principal $11,040,000 · Est. interest $15,401,782 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Florida City, FL
- $378,070
- Median Listing Price
- 109
- Median Days on Market
- 1,564
- Median Sq Ft
- $253
- Median Price / Sq Ft
- 6,131
- Active Listings
- This home’s price is 3550% above the area median.
- Its price per sq ft is 79% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Florida City, FL.
Location
Points of Interest in Florida City, FL
Showing the Florida City area map.
Nearby Schools
Lawrence Academy
School · 0.1 mi away
Avant Schools of Excellence
School · 0.1 mi away
First Assembly Christian Academy
School · 0.2 mi away
Ebenezer Christian School
Elementary · 0.2 mi away
Miami Community Charter School
Secondary · 0.3 mi away
Florida City Elementary School
Elementary · 0.3 mi away
Grace Success Academy
School · 0.4 mi away
Aim High Learning Center
School · 0.8 mi away
Laura C. Saunders Elementary School
Elementary · 1.1 mi away
Discovery Montessori Academy
Elementary · 1.1 mi away
West Homestead Elementary School
Elementary · 1.2 mi away
Lincoln-Marti Charter Schools
Elementary · 1.3 mi away
The Miami Community Charter School
Secondary · 1.6 mi away
Somerset Academy of South Homestead
Elementary · 1.6 mi away
CCLC at South Dade
School · 1.7 mi away
Homestead Senior High School
Secondary · 1.8 mi away
Miami Bridge South
School · 1.8 mi away
Atala Montessori School for Creative Expression
Elementary · 1.8 mi away
Naranja Prep Academy
School · 1.8 mi away
Homestead Christian Academy
School · 1.9 mi away
Commute Calculator
Nearby Homes
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 17684 Cordova Place, Panama City Beach, FL | $10,250,000 | — | — | 57,328 |
| 517 Beachside Gardens, Panama City Beach, FL | $10,995,000 | 8 | 10 | 6,096 |
| 5711 E Highway 98, Panama City, FL | $11,000,000 | — | — | 32,400 |
| 18610 Townsend House Road, Dade City, FL | $11,700,000 | 4 | 3 | 3,064 |
| 18610 TOWNSEND HOUSE ROAD, DADE CITY, FL | $11,700,000 | 4 | 3 | 3,064 |
| 352xx S DIXIE HWY, Florida City, FL | $12,500,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Florida City
Listing Courtesy: Compass Florida LLC - 5612854794
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.