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5681 SW 25 ST West Park, FL 33023
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Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $78
MLS Listing ID A2069778
Sold Date 05/15/15
Style Detached
HOA Y/N No
Year Built 1968
Annual Tax Amount $7,481
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 119
Property Description
5 bay warehouse with 2700sf fenced yard. Building is divided into 5 bays of 1000sf each. Fully rented at $900 per bay plus a fenced yard rented at $600 a month. . Each bay has a 10' x 12' grade level metal O.H. door. This is a great investment property or works for an owner user. Leases are year to year with most leases maturing in April of 2015. This makes it ideal for an owner user for extra income. NOI is approximately $43,000. producing a 10 Cap. rate. M-2 zoning for automotive & storage yard.
Location
State FL
County Broward County
Area 3080
Direction STATE RD 7 (441) TO SW 25 ST. EAST TO 5681. PROPERTY ON THE NORT SIDE OF THE ST. AT 57 AVE.
Interior
Flooring Concrete
Exterior
Roof Type Composition
Total Parking Spaces 15
Building
Story 1
Architectural Style Detached
Level or Stories One
Structure Type Block
Others
Tax ID 514124020400
Financing Cash
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Bought with RE/MAX Executive Realty
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