4404 Pembroke Rd, West Park, FL 33021

$840,000

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List Price
$840,000
Price Change
▼ $50,000 1793312229
MLS#
A12081481
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Days on Market
73
Tax Amount
$8,086
Water Access
Building & Land
Parcel Number
514219013780
Lot Size
10,903
Address
4404 Pembroke Rd, West Park
Section
19

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Listing Courtesy of Influencers Realty Group, Contact: