5300 Coconut Creek Pkwy, Margate, FL 33063 — MLS photo

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5300 Coconut Creek Pkwy, Margate, FL 33063

Active · Retail

$1,100,000

5300 Coconut Creek Pkwy, Margate, FL 33063

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2004
Lot size
17,444 sq ft
HOA fee
—
Annual tax
—

About this property

Fully occupied corner out parcel in front of active shopping center on a main street with high visibility. Coffee shop tenant with 9 years left on thier lease. Total building square footage is 1,406 with approx. 1000 space/under air.

Property location

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5300 Coconut Creek Pkwy, Margate, FL 33063

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
2004
Lot size
17,444 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A11643749
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,153

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$36,740

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.