NOT LISTED FOR SALE

5720 Pembroke Rd West Park, FL 33023

-- Bed
-- Bath
2,102 Sq Ft
2,880 Sq Ft Lot

Last Sold January 01, 2019

Last sale price $2,500 $1 Per Sq Ft

99 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 2-minute walk to Fletcher Street Park
  • Cooling Available

About This Home

As of January 2019

Great location, ample parking, this plaza has a prime location with street front east/west visibility from Pembroke Road that maintains a very high traffic count exceeding 36,000 cars per day. Next to a Home Depot, this
property is centrally located only 1.4 miles to Turnpike and 2.1 miles to i95. Ideal for retail, restaurant, mini-mart, antique store, office/warehouse - Zoned B-2. Net Lease > tenant pays for HVAC, plumbing, electrical, fixtures, signs, insurance pass through.

Last Agent to Sell the Property

Lidio Britto

Avanti Way Realty LLC License #3011122 Listed on: 09/24/2018

Avanti Way Realty LLC

Last Buyer's Agent

Robert Mallek

The Keyes Company License #3077977

The Keyes Company

Property Details

Property Type

  • Other

Year Built

  • Built in 2009

Lot Details

  • 2,880 Sq Ft Lot

Parking

  • 7 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Tenant pays for a/c & heating maintenance, electricity, janitorial service, lawn care, sales tax, water
  • Assessor Parcel Number 514124111841

Property Details

Property Type

Other

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2009
  • Property Sub Type: Lease
  • Business Type: Convenience Store, Store/Warehouse Combination
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Road Frontage Type: City Street
  • Structure Type: Free Standing, Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 7

Utilities

  • Sewer: Other
  • Cooling: Central Individual A/C
  • Cooling Y N: Yes
  • Electric: 101-200 Amps
  • Electricity On Property: Yes
  • Heating: Central Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514124111841
  • Land Lease: No
  • Lot Size Sq Ft: 2880
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: A/C & Heating Maintenance, Electricity, Janitorial Service, Lawn Care, Sales Tax, Water
  • Lease Term: 1 To 3 Year Lease

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5156

Multi Family

  • Existing Lease Type: Net
  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
Dvw Holdings Llc
Bought by
Carnival 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$370,436
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 15, 2016
Sold by
Pembroke Associates Llc
Bought by
Dvw Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2014
Sold by
Brown Scott N
Bought by
Pembroke Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
10%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2004
Sold by
White Clarence and White Clarence
Bought by
John Henry Associates Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carnival 1 Llc $1,080,000 Attorney
Dvw Holdings Llc $950,000 Attorney
Pembroke Associates Llc $737,500 Attorney
John Henry Associates Inc $22,000 Title Guaranty & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carnival 1 Llc $760,000
Previous Owner Dvw Holdings Llc $540,000
Previous Owner Pembroke Associates Llc $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2019 01/01/19 Sold $2,500 -13.8% $1 / Sq Ft
09/24/2018 09/24/18 For Sale $2,900 -- $1 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,104 $421,000 $28,800 $392,200
2024 $8,211 $421,000 $28,800 $392,200
2023 $8,211 $354,580 $28,800 $325,780
2022 $5,480 $233,360 $28,800 $204,560
2021 $5,247 $215,090 $28,800 $186,290
2020 $5,263 $215,090 $28,800 $186,290
2019 $5,318 $215,090 $28,800 $186,290
2018 $5,255 $215,090 $28,800 $186,290
2017 $5,157 $208,970 $0 $0
2016 $4,718 $185,170 $0 $0
2015 $4,325 $168,340 $0 $0
2014 $4,182 $158,670 $0 $0
2013 -- $154,890 $28,400 $126,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10543076

MIAMI REALTORS® MLS

APN: 51-41-24-11-1841