3056 State Road 7Miramar, FL 33023

  • Mixed-use properties
  • 729 SF
For Sale
$275,000 View listing

Property Details for 3056 State Road 7

Year built
1974
Lot size
2.28 AC
Property size (Sq ft)
729 SF
Property type
Mixed-use properties

Description

This exceptional mixed-use investment property in Miramar, Florida, presents a lucrative opportunity. Located at 3056 S State Road 7 Unit 1JA, this property boasts two separately rented units, each generating approximately $23,000 in net operating income (NOI) annually after expenses. Each unit is currently leased for $2,500 per month, totaling $60,000 in annual rental income. The units, each 729 square feet, can be combined to create a larger 1,478 square foot space. The property sits on a 2.28-acre lot with excellent visibility and accessibility, directly on South State Road 7/441, near the Florida Turnpike and I-95, ensuring high traffic volume and exposure. Low condo association fees of $340 per month per unit cover water, garbage, and common area maintenance. The MH-Transit Oriented Corridor zoning allows for a wide range of commercial uses, including churches, bars and lodges, restaurants, retail stores, and medical/dental offices, providing significant flexibility for future development or tenant diversification. Showings are by appointment only. This property offers a strong return on investment and significant potential for future growth in a prime location. Contact us today to schedule a viewing and explore this compelling investment opportunity.

Location Insight

City
Miramar
County
Broward
State
Florida
Latitude
25.983
Longitude
-80.2072

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