5030 N Federal Hwy, Lighthouse Point, FL 33064 — MLS photo

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5030 N Federal Hwy, Lighthouse Point, FL 33064

Active · BusinessOpportunity

$500,000

5030 N Federal Hwy, Lighthouse Point, FL 33064

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1979
Lot size
—
HOA fee
—
Annual tax
$151,473

About this property

An established and reputable dry-cleaning business operating in the same high-traffic shopping center for over 30 years. The facility has been recently upgraded with modern equipment and runs with a full, experienced staff in place. Located in an affluent area of Lighthouse Point surrounded by national brands, this business serves a loyal and steady customer base.Outstanding opportunity to acquire a fully staffed, owner-absentee dry cleaning business with an excellent reputation and loyal clientele built entirely through word of mouth, no marketing expenses! Nested and centralized in the heart of Lighthouse Point with lots of loyal customers.All equipment, inventory, are included in the sale. $ 5,000 cover Insurance, Water and CAM . Owner's lots is the Buyer's gain . Please realize that the Tax is divided equally with all unit in that shopping center by the owner of the building .

Property location

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5030 N Federal Hwy, Lighthouse Point, FL 33064

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Facts & features

Interior

Bathrooms
0
Flooring
Carpet, Tile
Heating
Central, Electric, Gas

Exterior & Structure

Property type
BusinessOpportunity
Year built
1979
Construction
Brick, CBSConcrete Block Structure, Block

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$151,473
County
Broward
Days on market
0
MLS listing ID
A11926756
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

-$12,810

Cap rate
-25.1%
Net yield
-25.1%
Cash-on-cash return
-109.8%
Gross yield
6.6%
Mortgage payment
$2,370/mo
Down payment
$125,000
Loan amount
$375,000
Annual NOI
-$125,273

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