3056 S State Road 7

Description:

Investors opportunity, given a good CAP rate and NOI of approx $23,000.00 per year after all expenses for each unit, there are two units for sale, both rented for $2500 per month. This property is strategically located directly on South State Road 7 / 441. It is near the Florida Turnpike and I-95. These unit spaces, measuring 764 SF, can be combined into 1,478 SF. The condo association fees for each unit are a low $340.00 per month per unit, covering water, garbage, and common areas. The MH-Transit Oriented Corridor zoning allows most commercial uses, such as Churches, Bars and Lodges, Restaurants. Retail Stores, and Medical/Dental. All showings are by appointment only; call or text for additional information