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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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3000 N University Drive 3h , Coral Springs, FL 33065
$550,000
Est. Payment: $1,222.22/mo
0 Bed
0 Bath
1294 Sqft
Status: Active | Days on site: 334
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FLLBOXR - FLL3180591
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House Description

Rare, turnkey opportunity to own a beautifully designed, fully equipped hair salon in the heart of Coral Springs. Currently leased for 5 years with 2 additional 5 year options. Rental Rate at $5,200/m 3% Annual Increases Association dues approximately $950/m Property Taxes at sale price approximately $529/m Total NOI year 1 ~$44,000 First year Cap Rate ~8% This spacious salon features 9 styling stations, along with 2 professional hair washing sinks providing the capacity to support a high-revenue operation or multiple stylists. The layout also includes two private treatment rooms, perfect for esthetics, massage, facials, or nail services. Great Location in Down Town Coral Springs near Modera's new twin apartment buildings and City Hall.

Highlights

Listed by Jason Chamely , 954-857-1884 Box Real Estate LLC , 954-526-3900.

Property Type

Commercial Sale

Lot/Acreage
2.34

Year Built

1978

County

Broward

Area

3626

Listing ID

F10530833

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Lot:2-3 Acres
Garage Capacity:6
Zoning:B-2
Roof:Other
Sewer:Public Sewer
Parking Features:Common
Principal Interest
$1,222
Taxes
$550

Home Price

$550,000

Loan Details

30 yrs
%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,222.22 $550.00 $0.00 $1,772.22
Yearly $14,666.67 $6,600.00 $0.00 $21,266.67
Total $440,000.00 $198,000.00 $0.00 $638,000.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Coral Springs, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.