CENTURY 21 Edge
Special Purpose

Commercial Sale · Special Purpose

$1,900,000360 sq ft$5,278 /sq ft

2401 S State Road 7, West Park FL 33023, WEST PARK, FL, 33023

Active369 days on marketListed Aug 12, 2025MLS #A11857738

About this property

The property at a glance

Used and New Car Dealership. Tenant-occupied lease expires on May 1, 2026, and the tenant is willing to extend it or vacate for owner use. The property features a Net Operating Income (NOI) of $144,441, a Cap Rate of 6.88%, and 100% occupancy — ideal for an investor or owner-user. The property features an 18,000 sq. ft. lot with a 360 sq. ft. office. Room for 50+ vehicles with excellent in/out circulation. Prime street frontage with high-traffic exposure on State Road 7, just minutes from I-95, Florida’s Turnpike, and the Hollywood–Pembroke Pines corridor. Approved New and Used auto sales.

360

Building sq ft

$5,278

Price / sq ft

17,739

Lot sq ft

1969

Year built

TOC

Zoning

Special Purpose

Property type

Building size360 sq ft
Lot size17,739 sq ft
Year built1969
ZoningTOC
Business typeAutomotive, Special Purpose
Annual taxes$17,559

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $475,000
Interest rate6.00%
Loan term

Estimated payment

$10,167/mo

Principal & interest$8,544
Property taxes (actual bill)$1,463
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Solance to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

52,500vehicles / day · 2025Sr-824/Pembroke Rd · Traffic count · Florida DOT

What’s nearby

Burger KingRestaurant0.2 mi
Dairy QueenRestaurant0.3 mi
Miami Subs GrillRestaurant0.3 mi
KFCRestaurant0.3 mi
SubwayRestaurant0.4 mi
The Home DepotRetail0.4 mi
Dunkin'Restaurant0.4 mi
Philly CheesesteaksRestaurant0.4 mi
KiaRetail0.5 mi
WalgreensBank0.5 mi
McDonald'sRestaurant0.5 mi
Brooklyn New York Deli PizzaRestaurant0.6 mi
Bank of AmericaBank0.9 mi
CVS PharmacyBank0.9 mi
Wells FargoBank1 mi
AldiGrocery1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

70,914

Population

$70,003

Median income

38.2

Median age

3.36

Avg household

$344,500

Median home value

$1,621/mo

Median rent

7,967

Households w/ kids

Recent sales

What actually sold near 2401 S State Road 7

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

320 NW 183rd St, Miami Gardens FL 33169

$630,000

320 NW 183rd St, Miami Gardens FL 33169

Sold Jan 7, 2025

505 N 28th Ave, Hollywood FL 33020

$890,000

505 N 28th Ave, Hollywood FL 33020

Sold Feb 27, 2025

913 SW 8th Ave, Hallandale Beach FL 33009

$5,800

913 SW 8th Ave, Hallandale Beach FL 33009

Sold Mar 10, 2025

Your team

The pros in your corner

Solance Kallendorf

Your agent

Solance Kallendorf

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 2401 S State Road 7 — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 2401 S State Road 7.

See it in person

Schedule a tour

Live availability from Solance's calendar — pick a time and it's booked.

Listing courtesy of RE/MAX 5 Star Realty · Randall Sanz. MLS #A11857738.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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