Description
2401 S State Road 7,
West Park,
FL
33023
Great 17,739 sf lot located with 495 sf office located directly on 441 S State Rd 7 in West Park Florida (Regional Hollywood Area). Property is currently occupied by a month to month tenant operating as a licensed car dealership. A new investor can re-tenant this property after closing at a higher market rent of $7,000 per month ($84,000 annually) NET. This NOI would provide an investor with an 8.4% capitalization rate at the full asking price of $995,000 on a pro-forma basis.Perfect property for an owner user as well. Please do not disturb the existing tenant, all showings are by appointment only. Call for additional information.
Listing By: RE/MAX 5 Star Realty via Data Source: MIAMI MLS
Price History
date | price | variance | type | global |
---|
11/19/2020 | $995,000 | - | Sold | view listing |
listing agent: John DeMarco