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$2,150,000
Est. payment /mo
4,362 SqFt
UPDATED:
09/30/2024 08:32 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,362 sqft
Price per Sqft $492
MLS Listing ID A11497357
HOA Y/N No
Year Built 1965
Annual Tax Amount $6,849
Lot Size 0.283 Acres
Property Description
The subject property is a freestanding retail/flex building sitting on two parcels consisting of 4,362 SF of usable space situated on a 12,346 SF lot located close to the Florida Turnpike and State Road 7/441. This property presents a unique investment opportunity that combines ongoing renovations with income potential. The current owner is dedicated to enhancing the property's exterior, making notable improvements such as installing hurricane-resistant windows and doors, a fresh coat of paint, and a remodel of the staircase. The property has a concrete roof; an investor can potentially raise the building by an additional 2 floors. The downstairs unit is presently occupied by four separate tenants and has been thoughtfully configured as church space, offering immediate rental income.
Location
State FL
County Broward
Area 3100
Others
Tax ID 514124160770
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Listed by RE/MAX 5 Star Realty
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