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. = 4.19% 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.
| MLS # | A12081481 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 28 |
| Listing Provided By | Influencers Realty Group | Phillip S Calloway |
| SQ Feet | 1,033 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | TOC 2 |
| Acreage | 0.25 |
| Lot Features | Corner Lot, Less Than Quarter Acre |
|---|
| Parking Features | Common, Free Parking |
|---|
| Tax Annual Amount | 8086 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | West Park |
| Zip Code | 33021 |
| Area | 3080 |
| Subarea | HWCE Hollywood Central (3070 3100) |
| Listing VS Median (in 33021) | |
Price: $890,000 low | high Med: $147,450 sqft: 1,033 low | high Med: 918 $ / sqft: $862 low | high Med: $170 On site: 28 low | high Med: 189 | |
| State | FL |
|---|---|
| County | Broward |
| City | West Park |
| Zip Code | 33021 |
| Area | 3080 |
| Subarea | HWCE Hollywood Central (3070 3100) |
| Listing VS Median (in 33021) | |
Price: $890,000 low | high Med: $147,450 sqft: 1,033 low | high Med: 918 $ / sqft: $862 low | high Med: $170 On site: 28 low | high Med: 189 | |