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4050 NE 5th Ave Oakland Park, FL 33334
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Key Details
Sold Price $799,000
Property Type Other Types
Sub Type Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10117901
Sold Date 09/11/18
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 12500
Year Built 1961
Annual Tax Amount $10,871
Tax Year 2017
Property Description
Cash Flow For Sale! Modern, updated warehouse with established long-term tenant. Tenant has been in business many years & does electronics testing and assembly. Tenant is in year 2 of a 3 year lease. Fully air conditioned 6440 SqFt warehouse, with three of the 4 air conditioners replaced in last 5 years. Updated 3-Phase electric, 40 year inspection completed, impact windows, new exterior LED lighting. Current rent yields a 6.9% Cap Rate. Building floor plan + Financing Proposal attached.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning I-1
Interior
Cooling Central Individual A/C
Flooring Concrete Floors
Exterior
Water Access N
Roof Type Composition Roll
Private Pool No
Building
Story 1.0000
Foundation Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Corporation
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095