3056 State Road 7 Miramar, FL 33023
- Mixed-use properties
- 729 SF
- 2.28 lot acres
Current Use by Public Records
- Universal Miramar / Church
- Higher Place Ministries / Church Of Christ
- Da Spot Event Hall / Event Venue
- Dortonne Ronald MD / Doctor
- VAS Art Productions / Art Studio
Property Details for 3056 State Road 7
- Year built
- 1974
- Lot size
- 2.28 lot acres
- Property size
- 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miramar
- County
- Broward
- State
- Florida
- Longitude
- -80.2072
- Latitude
- 25.983
