2121 Sw 58th Ter, West Park, FL 33023 | MLS A10151650 | Listing Information | BHHS Florida Realty

2121 Sw 58th Ter,  West Park FL, 33023

Status: Active
MLS#: A10151650
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888.534.1116
relopro@bhhsfloridarealty.com
Last Updated: 12/3/2016 9:53 PM
Description for 2121 Sw 58th Ter West Park, FL 33023
Perfect property for an owner user or investor. Automotive uses are allowed. This property has 5 bays and is 100% leased. All tenants are on month to month basis for buyers convenience. The property is currently grossing $87,120 per year, netting $68,898 per year. The tenants are long term tenants and paying under market rents. Rental rates in this area are closer to $10 per sq ft. The market gross income should be +/- $104,400. This Pro-Forma NOI would give an investor a strong 8.03% Cap Rate.
Price
$1,300,000
Broward County
A10151650
Active
Description
Perfect property for an owner user or investor. Automotive uses are allowed. This property has 5 bays and is 100% leased. All tenants are on month to month basis for buyers convenience. The property is currently grossing $87,120 per year, netting $68,898 per year. The tenants are long term tenants and paying under market rents. Rental rates in this area are closer to $10 per sq ft. The market gross income should be +/- $104,400. This Pro-Forma NOI would give an investor a strong 8.03% Cap Rate.
Listing Information
Property Type: General Commercial, 1 Story
0.24 Acres $0 1973
1
Neighborhood
Room Information
Exterior / Lot Features
30 Parking Spaces, Assigned Parking Space
None
16194
C-1
Driving Directions
2121 SW 58th Ter West Park
Financial Considerations
0500
2015
Market Trends and Price History
Listing Price History

West Park Real Estate

West Park is located in Florida. West Park, Florida 33023 has a population of 14,306.

The median household income in West Park, Florida 33023 is $42,847. The median household income for the surrounding county is $51,603 compared to the national median of $53,046. The median age of people living in West Park 33023 is 35.5 years.

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Courtesy: RE/MAX 5 Star Realty
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