West Park, FL 33023,2401 S State Road 7
West Park, FL 33023,2401 S State Road 7
West Park, FL 33023,2401 S State Road 7
West Park, FL 33023,2401 S State Road 7
West Park, FL 33023,2401 S State Road 7
West Park, FL 33023,2401 S State Road 7
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$750,000

$995,000

24.6%
Est.Price: ?

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Est. payment /mo

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

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Listed by RE/MAX 5 Star Realty
Bought with Related ISG Realty, LLC.
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+1(754) 234-9602

odayes@oneildayes.com

7875 NW 57th St # 25497, Tamarac, Florida,, 33351, United States

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