Coconut Creek, FL 33073,7504 N State Road 7 RD
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Coconut Creek, FL 33073,7504 N State Road 7 RD
Coconut Creek, FL 33073,7504 N State Road 7 RD
Coconut Creek, FL 33073,7504 N State Road 7 RD
Coconut Creek, FL 33073,7504 N State Road 7 RD
Listed by Compass Florida LLC
Bought with Compass Florida LLC

$1,680,000

Est. payment /mo

$2,325,000

27.7%
Est.Price: ?

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7504 N State Road 7 RD Coconut Creek, FL 33073

0.82 Acres Lot

SOLD DATE : 04/05/2021

Key Details

Sold Price $1,680,000

Property Type Vacant Land

Sub Type Commercial Land

Listing Status Sold

Purchase Type For Sale

Subdivision M & S Office Plat

MLS Listing ID RX-10683376

Sold Date 04/05/21

HOA Y/N No

Annual Tax Amount $17,837

Tax Year 2020

Lot Size 0.818 Acres

Property Description

Extremely rare opportunity to purchase or lease a regularly shaped development parcel in the thriving retail corridor of Coconut Creek. With more that 53k cars passing the site each day, the parcel sits at the borders of Coconut Creek, Parkland, and Boca Raton. The property has the very unique designation of Coconut Creek's Medical Services Overlay District, which fully allows for the development and operation of medical marijuana treatment centers and cannabis dispensaries. However, medical use is not a requirement of the site and a QSR with drive-thru or a freestanding retail building would also be an optimal use of the highly commercial corridor. Ownership is flexible. Sale is preferred, but a ground lease or build-to-suit will be considered for credit worthy tenants.

Location

State FL

County Broward

Area 3511

Zoning Commercial

Exterior

Utilities Available Electric Service Available, Municipal Sewer, Public Water

Exposure West

Building

Lot Description 1/2 to < 1 Acre

Others

Acceptable Financing Cash, Cryptocurrency, Lease Option

Horse Property No

Listing Terms Cash, Cryptocurrency, Lease Option

Financing Cash,Cryptocurrency,Lease Option

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Daniel A. Hammer, Sr.

License Partner/Broker

+1(678) 575-6805

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