$840,000

Price reduced

4404 Pembroke Rd, West Park FL 33021

MLS# A12081481

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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.

Property details

Property type
Other
Property taxes
$8,086/yr
Parking
8 spaces
Status
Price reduced
MLS #
A12081481

Listing courtesy of Influencers Realty Group.

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