2401 S State Road 7

    West Park, FL 33023
    • $995,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: A10745571
    UPDATED: 18 min ago
    $995,000
    • 0
      BEDS
    • 17739
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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.

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    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-10-17T13:44:00.343.
    www.welovesouthflorida.com/homes/99279809

    2401 S State Road 7 West Park, FL 33023

    • Price: $995,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: A10745571
    0
    Beds
    0
    Baths
    0
    ½ Baths
    17739
    Acres
    Neighborhood:
    Sturdevants 2Nd Add To We
    County:
    Broward
    Area:
    Sturdevants 2nd Add To We
    Property Description
    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.
    Exterior Features

    Frontage Length 0 Lot Features Other LocationLess Than 1 Acre Pool Private YN No Waterfront YN No

    Property Features

    Association YN No Building Name Sturdevants 2Nd Add To We Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes New Construction YN No Public Survey Section 24 Senior Community YN No Sewer Other Tax Annual Amount 4687 Tax Year 2018 Water Source Municipal Water

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-10-17T13:44:00.343.
     
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