
$890,000
Retail Property for Sale, 4404 Pembroke Rd, West Park, Florida 33021
- MLS#A12081481
Listed By Influencers Realty Group
The Retail Property for Sale located at 4404 Pembroke Rd, West Park, Florida 33021 is currently for sale.
Description
CORNER LOT INVESTMENT - Free-standing 1,033 SF CBS retail on oversized 10,903 SF corner lot with ~150 FT of frontage on Pembroke Rd, zoned TOC2. Leased to established salon at $4,750/mo ($57,000 gross annually) - immediate income with flexibility for vacant delivery for owner-user.
2024 NOI $37,291 after taxes $8,086, insurance, etc. = 4.19% Cap Rate at asking price. TOC2 allows retail, office, restaurant, and mixed-use/multifamily up to 35 FT height per City of West Park - ideal for investor, owner-user, or future redevelopment. Features private office, 2 restrooms, central A/C, common/accessible parking, and security system. High-visibility State Rd location with direct access to I-95, FL Turnpike, and dense residential rooftops. Value-add land play with income in place.
Location
4404 Pembroke Rd, West Park, Florida 33021
Property features
Lot/Land
- Land/Lot size:
1,013 m² (10,903 ft²) - Lot Description: Corner Lot
Construction
- Construction: Cbs Construction
Security
- Features: Smoke Detector
Heating and Cooling
- Heating System: Central (building)
- Cooling System: Central AC
Utilities
- Other utilities: Public