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4850 N State Road 7 #Multiple Units Lauderdale Lakes, FL 33319
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Key Details
Sold Price $3,900,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,804 sqft
Price per Sqft $2,161
MLS Listing ID A10904604
Sold Date 07/15/21
HOA Y/N No
Year Built 1984
Annual Tax Amount $4,843
Lot Size 7.645 Acres
Property Description
Amazing purchase of 12 commercial spaces at Headway Office Park building G totaling approx. 31,654 sq. ft. All spaces in this portfolio are on the same building located on the ground floor, with glass front and rear access with garage style roll up doors. The building is zoned for medical, dental and professional offices among other uses and approx. 12,000 sq. ft. are zoned for school use. The school use is a premium and in high demand in this area. The current occupancy rate is about 60% and the area is showing improvements with new developments. This property offers great flexibility, ample parking and great location (near the corner of 441 and Commercial Blvd.). Buy and start collecting rent income from day one then rent the vacant spaces and obtain a high cap rate. Easy to show
Location
State FL
County Broward County
Area 3550
Direction Located at the Headway Office Park on North State Rd 7 (441). Complex is located across from the newly built Race Track gas station. Building G is located on the NW corner of the complex.
Others
Tax ID 494218AC0070
Financing Conventional
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Bought with Compass Florida, LLC