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2320 SW 56th Ter

West Park, FL 33023
  • $725,000
  • STATUS: Active
  • ON SITE: 185 Days
  • MLS #: A11160714
UPDATED: 18 min ago
$725,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1963
County:

School Ratings & Info

Description

Industrial warehouse located in desirable West park, Florida consisting of 2,364 square feet of leasable space sitting on a 5,391 square feet lot. This building has a small office of 100 square feet, 2 drive in rollup doors and 11' ceilings. Desirable M2 heavy manufacturing zoning which allows for most industrial uses including automotive. This property is currently 100% leased. The current tenant is paying $2,500 for the warehouse and additional $1,200 for the lot. Gross annual income is $44,400, net is over $36,985 a year. This income provides an investor with a strong 5.1% capitalization rate. The tenant has a new 2 year lease.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-18T23:51:31.413.
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2320 SW 56th Ter West Park, FL 33023

  • Price: $725,000
  • Status: Active
  • On Site: 185 Days
  • Updated: 18 min ago
  • MLS #: A11160714
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1963
Built
County:
Broward
Property Description
Industrial warehouse located in desirable West park, Florida consisting of 2,364 square feet of leasable space sitting on a 5,391 square feet lot. This building has a small office of 100 square feet, 2 drive in rollup doors and 11' ceilings. Desirable M2 heavy manufacturing zoning which allows for most industrial uses including automotive. This property is currently 100% leased. The current tenant is paying $2,500 for the warehouse and additional $1,200 for the lot. Gross annual income is $44,400, net is over $36,985 a year. This income provides an investor with a strong 5.1% capitalization rate. The tenant has a new 2 year lease.
Exterior Features

Construction Materials Cbs Construction Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 2364

Property Features

Association YN No Business Type Heavy Manufacturing Horse YN No Listing Terms All CashConventional/Refinance New Construction YN No Property Sub Type Industrial Public Survey Section 24 Senior Community YN No Special Listing Conditions Sale Structure Type Industrial Tax Annual Amount 7415

Listing courtesy of Re/Max 5 Star Realty.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-18T23:51:31.413.
 
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GK Realty Group LLC
1401 N University DR #407
Coral Springs FL, 33071