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$895,000
Est. payment /mo
1 SqFt
New
5720 W Hallandale Beach Blvd West Park, FL 33023
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $895,000
MLS Listing ID A12050710
HOA Y/N No
Year Built 1951
Annual Tax Amount $5,585
Lot Size 7,471 Sqft
Property Sub-Type Retail
Property Description
Exceptional Value-Add Retail Investment Opportunity | West Park, Florida
Opportunity to acquire a well-located retail property in the rapidly growing West Park market. Positioned in a highly visible commercial corridor with excellent accessibility, this property offers immediate income, significant upside potential, and flexible owner-user opportunities.
Property Highlights:
Three retail units with strong income potential.
Two units are leased at below-market rents, creating an opportunity to increase cash flow over time.
One owner-occupied unit that can be utilized by an owner-user or leased at market rent.
Approximately 1,500 SF of recently renovated retail/office space.
13 dedicated on-site parking spaces, plus additional street parking.
Excellent visibility with prominent frontage and marquee signage.
Convenient access and egress from major roadways.
Seller financing available for qualified buyers.
West Park is experiencing significant redevelopment and economic growth, with new residential and mixed-use projects driving increased population density, higher household incomes, and stronger consumer demand. Located just minutes from Hallandale Beach, this property is ideally positioned to benefit from the area's continued expansion and investment.
This is an outstanding opportunity for investors seeking a value-add asset with stable existing income, future rent growth, and the flexibility of seller financing with only 30% down payment.
Opportunity to acquire a well-located retail property in the rapidly growing West Park market. Positioned in a highly visible commercial corridor with excellent accessibility, this property offers immediate income, significant upside potential, and flexible owner-user opportunities.
Property Highlights:
Three retail units with strong income potential.
Two units are leased at below-market rents, creating an opportunity to increase cash flow over time.
One owner-occupied unit that can be utilized by an owner-user or leased at market rent.
Approximately 1,500 SF of recently renovated retail/office space.
13 dedicated on-site parking spaces, plus additional street parking.
Excellent visibility with prominent frontage and marquee signage.
Convenient access and egress from major roadways.
Seller financing available for qualified buyers.
West Park is experiencing significant redevelopment and economic growth, with new residential and mixed-use projects driving increased population density, higher household incomes, and stronger consumer demand. Located just minutes from Hallandale Beach, this property is ideally positioned to benefit from the area's continued expansion and investment.
This is an outstanding opportunity for investors seeking a value-add asset with stable existing income, future rent growth, and the flexibility of seller financing with only 30% down payment.
Location
State FL
County Broward
Area 3513
Exterior
Private Pool Yes
Others
Tax ID 514125060630
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12050710

Listed by The Keyes Company
NEARBY SCHOOL & BUSINESS
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