Lorson Plat Business For Sale
5355 Sw 76th Ave, Davie, FL 33328

$1,900,000
Sold
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11143200
  • Virtual Tour: YES
  • List Price: $1,850,000
  • Sold Price: $1,900,000
  • Taxes:$9,186
  • Listing Date:January 6, 2022
  • Sold Date: February 25, 2022
  • Days On Market:49

Description


The property is zoned CC - ­Commercial. The zoning allows most commercial & industrial uses like including outdoor storage, light manufacturing/distribution, office park, brewery, and more. The property can make a great investment as well. It is currently leased to 30 month-­to-­month tenants for outdoor parking and storage and landscaping equipment storage. Property is grossing $20,000 per month, netting $13,000 per month. This strong income will provide an annual net income of $156,000. This NOI will yield an investor a strong 8.43% capitalization rate at a full asking price. Seller financing is available Seller financing is available to a qualified buyer with a 50% downpayment.

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker