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.
- Heating System
- Cooling System
- Architectural Style
- Parking Features
- Sewer
- State:
- FL
- County:
- Broward
- City:
- West Park
- Zipcode:
- 33021
- Street:
- 4404 Pembroke Rd, West Park, Florida 33021
- Longitude:
- W81° 48' 44.5''
- Latitude:
- N25° 59' 43.1''
- Building Area:
- 1,033 Sqft
- Construction Materials:
- Block
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 514219013780
- Structure Type:
- Retail
- Tax Annual Amount:
- $8,086
- Virtual Tour:
- Click Here
Commercial Sale For Sale
4404 Pembroke Rd, West Park, Florida 33021, West Park, Florida 33021
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $890,000
- Lot Area :
- 10,903 Sqft
- MLS # :
- A12081481
