$750,000
$995,000
24.6%For more information regarding the value of a property, please contact us for a free consultation.
495 SqFt
SOLD DATE : 11/20/2020
Key Details
Sold Price $750,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Square Footage 495 sqft
Price per Sqft $1,515
Subdivision Sturdevants 2Nd Add To We
MLS Listing ID A10745571
Sold Date 11/20/20
HOA Y/N No
Annual Tax Amount $4,687
Tax Year 2018
Lot Size 17739.000 Acres
Acres 17739.0
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.
Location
State FL
County Broward County
Community Sturdevants 2Nd Add To We
Area 3080
Exterior
Utilities Available Sewer Available
Present Use Other
Building
Lot Description <1 Acre
Sewer Other
Water Public
Others
Tax ID 514124021041
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Related ISG Realty, LLC.
7875 NW 57th St # 25497, Tamarac, Florida,, 33351, United States