CORNER LOT INVESTMENT - Free-standing 1,033 SF CBS retail on oversized 10,903 SF corner lot with ~150 FT of frontage on Pembroke Rd, zoned TOC2. Leased to established salon at $4,750/mo ($57,000 gross annually) - immediate income with flexibility for vacant delivery for owner-user.2024 NOI $37,291 after taxes $8,086, insurance,… Read More etc. = 4.19% Cap Rate at asking price. TOC2 allows retail, office, restaurant, and mixed-use/multifamily up to 35 FT height per City of West Park - ideal for investor, owner-user, or future redevelopment. Features private office, 2 restrooms, central A/C, common/accessible parking, and security system. High-visibility State Rd location with direct access to I-95, FL Turnpike, and dense residential rooftops. Value-add land play with income in place. Read Less
Courtesy of Influencers Realty Group, Phillip S Calloway, 305-926-6706.
Listing Snapshot
Days Online
40
Last Updated
Property Type
Retail
Square Ft.
1,033
Lot Size
0.25 Acres
MLS Number
A12081481
30 Days Snapshot Of 33021
$246k
0%
(avg) sold price
0
-100%
homes sold
119
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: State Road
Building
Building features: Free Standing, Construction materials: CBS, Toal building area: 1033
Cooling
Central Building
Heating
Central Building
Lot
0.25 acres
Parking
Common, Free, 8 total parkings
Property
Zoning: TOC 2
Security Features
Fire Alarm, Security System, Smoke Detector(s)
Taxes
Annual amount: $8,086
Utilities
Sewer Available
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