4404 Pembroke Rd, West Park FL 33021
West Park, FL 33021
$840,000
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- Price
- $840,000
- Building size
- 1,033
- Property type
- Retail
- Lot size (sq ft)
- 10,903
- MLS number
- A12081481
This listing is courtesy of Influencers Realty Group, 305-926-6706.
About this property
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, etc. = 4.44% 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.
Details
- Property type
- Retail
- Lot size (sq ft)
- 10,903
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC