Interior
- Bathrooms
- 0
Active · SpecialPurpose
$1,900,000
2401 S State Road 7, West Park, FL 33023
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1969
- Lot size
- 17,739 sq ft
- HOA fee
- —
- Annual tax
- $17,559
About this property
Used and New Car Dealership. Tenant-occupied lease expires on May 1, 2029, and the tenant is willing to extend it or vacate for owner use. The property features a Net Operating Income (NOI) of $144,441, a Cap Rate of 6.88%, and 100% occupancy — ideal for an investor or owner-user. The property features an 18,000 sq. ft. lot with a 360 sq. ft. office. Room for 50+ vehicles with excellent in/out circulation. Prime street frontage with high-traffic exposure on State Road 7, just minutes from I-95, Florida’s Turnpike, and the Hollywood–Pembroke Pines corridor. Approved New and used auto sales.
Property location
Get Directions2401 S State Road 7, West Park, FL 33023
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Facts & features
Exterior & Structure
- Property type
- SpecialPurpose
- Year built
- 1969
- Lot size
- 17,739 sq ft
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $17,559
- County
- Broward
- Days on market
- 382
- MLS listing ID
- A11857738
- Listing status
- Active
Virtual tour
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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
-$2,174
- Cap rate
- 4.3%
- Net yield
- 4.3%
- Cash-on-cash return
- -4.9%
- Gross yield
- 6.6%
- Mortgage payment
- $9,007/mo
- Down payment
- $475,000
- Loan amount
- $1,425,000
- Annual NOI
- $82,001
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.