Now available for $1,275,000, this prime investment property offers a strong 6.42% cap rate, making it a fantastic opportunity for investors looking for solid returns or future development potential. Property Highlights 5 Units Generating Income • Unit 1: $1,800/mo • Unit 2: $1,400/mo • Unit 3: $2,000/mo • Unit 4: $1,350/mo • Unit 5: $1,200/mo ?? Total Monthly Rental Income: $7,750 ?? Total Annual Rental Income: $93,000 ?? Net Operating Income (NOI): $81,840/year ?? Cap Rate: 6.42% Prime Location & High Visibility Daily Traffic Count: 33,000 cars per day – exceptional visibility for future development or business exposure Strategically Located – Situated between 441 and Florida’s Turnpike, providing easy access to major highways and business hubs Favorable Zoning – Allows for a variety of development opportunities Flexible Investment Opportunity ? Fully Occupied – All tenants are currently on month-to-month leases, offering flexibility. ? Options to Extend or Redevelop – Tenants can stay, or the properties can be developed to maximize their potential in order to meet your specific real estate needs. ? High Demand Area – Prime location with excellent rental potential and future appreciation. Whether you’re looking for immediate cash flow or a strategic development opportunity, this property is an excellent addition to any investor’s portfolio. B-2 zoning refers to the Community Business District. This zoning classification is designed to accommodate a variety of commercial activities that serve the community’s needs. Permitted uses within the B-2 district typically include: • Retail stores • Personal service establishments • Professional offices • Eating and drinking establishments The benefits of B-2 zoning are: 1. Diverse Commercial Opportunities: It allows for a wide range of business types, fostering economic growth and providing residents with various services and shopping options. 2. Community Accessibility: Businesses in B-2 zones are strategically located to be easily accessible to the local population, enhancing convenience for daily needs. 3. Economic Vitality: By supporting a mix of commercial uses, B-2 zoning contributes to a vibrant local economy and can increase employment opportunities within the community. For detailed information on specific regulations and permitted uses within the B-2 zoning district, you can refer to the City of Miramar’s Land Development Code.