The subject property is a freestanding retail/flex building sitting on two parcels consisting of 4,362 SF of usable space situated on a 12,346 SF lot located close to the Florida Turnpike and State Road 7/441. This property presents a unique investment opportunity that combines ongoing renovations with income potential. The current owner is dedicated to enhancing the property's exterior, making notable improvements such as installing hurricane-resistant windows and doors, a fresh coat of paint, and a remodel of the staircase. The property has a concrete roof; an investor can potentially raise the building by an additional 2 floors. The downstairs unit is presently occupied by four separate tenants and has been thoughtfully configured as church space, offering immediate rental income.
MLS# | A11497357 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 1965 |
Days On Site | 342 |
Listing Provided By | RE/MAX 5 Star Realty | John DeMarco |
SQ Feet | 4,362 |
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Zoning | ML |
Acreage | 12346.00 |
State | FL |
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County | Broward |
City | Miramar |
Zip Code | 33023 |
Area | 3100 |
Listing VS Median (in 33023) | |
Price: $2,150,000 low | high Med: $345,000 SqFt: 4,362 low | high Med: 1,049 $ / SqFt: $493 low | high Med: $329 On Site: 342 low | high Med: 68.000000 |