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  OFF MARKET COMMERCIAL REAL ESTATE
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Current Off Market Deals

We are direct to all deals listed

Multifamily

24 Multifamily Units
North Florida, Just outside of Tallahassee
$3.5 million

Just over 3.2 acres 
100% occupancy and has been for over the past six years
Current NOI $235,000
Current Cap 6.71%
52 miles from Tallahassee and 20 miles from the beach
12 Units are 2/2 and have approximately a living area of 874 sq ft and a total of 978 sq ft
12 Units are 2/1 and have approximately a living area of 822 sq ft and a total of 902 sq ft
2016 build

24 Multifamily Units in Miami, FL
$5.2 million

C Class - 100% occupied
7% plus cap
8 units 2/1
16 units 1/1
21,000 SF
The first floor will be delivered rehabbed and full rented
The second floor will be vacant in 60 days, sale as is the second floor not in bad shape but
not rehabbed.
Land

16.89 Acres in West Melbourne, FL
16.89 acres: $4.64 million ($275,000 per acre) 

Commercial land
Some of the uses for this land are Retail Stores, Clinics, Hospitals, Hotels, Banks, ALFs, Restaurants, Gas Stations, Dealerships, Churches, etc
After the presentation of a formal offer, we can make arrangements to have a conversation with the city manager so the buyer can have access to the person who can provide direct information regarding the land use possibilities.

670 Acres in Crestview, FL
Price per the seller is $9.38 million ($14,000 per acre)

Zoned Agricultural
Can be rezoned up to 4 single family units per acre
As per our conversation with the county manager, there is a high interest in developing a highway (Yellow River tract) that goes through the south part of the 670 acres.
That would also allow commercial development along the new highway.
After the presentation of a formal offer, we can make arrangements for the buyer to have a conversation with the County Manager regarding the rezoning.

1876 Acres Land Project (North of Fort Walton Beach, FL)
Price per the seller is $18.576 million (9,900 per Acre)

This unique property has great potential for a large community. The large portion (1,543)
Acres) has been a luxury high-fenced deer hunting ranch for decades.
The highway frontage has commercial potential with single-family in the back on septic.
Though zoning will allow four units per acre, that may not fit this location's best use - at this
time. As you know, there's high demand for oversized lots (2 to 5 acres) away from cities, and
this option is one to consider for this property.
Extensive paved road frontage (1 1⁄2 miles of 393 & 3⁄4 mile CR 2) brings the possibility to zone
the highway frontage for commercial.
There is no sewer for the 1,876 acres to tap into, so the highest density for residential is four
homes per acre with septic tanks.
The 1,876 acres is raw land in need of infrastructure that will require adequate acreage.
As per our conversation with the county manager, they assure us “we are developer friendly”
that they are very interested in developing this area.
Other 

87 Beds Assisted Living Facility Project in Tampa, FL
Price per the seller is $3 million

Tampa has one of the highest retirement rates in the country
2 buildings project
1st building is almost finished (needs about $300.000 to get completed)
The 2nd building will be built from scratch
The construction cost for the project to be finished is $2,500,000
We have all the proper documentation in a pre due diligence package
Appraisal, Completion Costs, Site Plan, Pics, Zoning, Congressional Support Letter
The appraisal goes to state an as-is value of $26,600,000 after finishing the construction, staffing the facility and opening the doors to the public for business 
Monthly bed rates in the area run between $5,000-$7,000 per month
Revenue between $5,000,000 and $7,000,000 a year
CONDITIONS
Price = $3,000,000
Escrow = $100,000
Due Diligence = 14 Days
Closing = 14 Days

16,000+ SQ FT CLASS A NNN LEASED MEDICAL CENTER IN ORLANDO, FL 
$6 million

6% cap
NOI: $359,476
16,023 SF
2008 built
The Offering features a strong tenant mix with triple net (NNN) leases and attractive rent
growth. This opportunity provides for a Best-in-Class investment with income growth of
established leases in the desirable and hyper-growth Florida market.
• Diverse tenant mix;
• Below market rents – new leases provide for a value-add opportunity;
• Strategically located off WCR-419, serving as the first-stop in and the
last-stop out; • Excellent parking ratio (5.25/1,000);
• Projected growth of $2,000,000/hour of estimated income moving in to
Orlando MSA; • Projected annual rent growth of 8%;
• New roof (2020), select new rooftop HVAC units (2019-2021), and extensive landscape
renovation (2022);

100 plus rooms Hotel Conversion in Miami Beach, FL 
$28 million purchase price

$12 million to renovate
sits on about 21,000 sq ft
Built in the 1960's
50,000 plus square foot - 6 stories 

You can email mike@offmarketworld.com or
text/whatsapp 305.796.0935 all requests with interest. 
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  • ABOUT
  • 2023deals