Home » Properties » 2401 S State Road 7, West Park FL 33023

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2401 S State Road 7 Commercial Sale in West Park, FL

Commercial property at 2401 S State Road 7, West Park, FL. Used and new car dealership with tenant lease until 2026. Prime location with high traffic exposure.

$1,900,000

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MLS #A11857738

Listing Updated: 2026-07-12 00:32:36

Listed By: RE/MAX 5 Star Realty

Overview

This commercial property located at 2401 S State Road 7 in West Park, Florida, offers a unique opportunity for investors or owner-users. Built in 1969, the site includes an 18,000 sqft lot with a 360 sqft office space and parking capacity for over 50 vehicles. The property operates as a used and new car dealership with an active tenant lease expiring in May 2026. The tenant is open to extending the lease or vacating for owner use. Positioned on a high-traffic corridor with excellent street frontage, it provides convenient access to I-95, Florida’s Turnpike, and the Hollywood–Pembroke Pines area. Approved for new and used auto sales, this property boasts a net operating income of $144,441 and a cap rate of 6.88%, reflecting its stable occupancy and operational efficiency.

Property Highlights

Used and new car dealership with tenant lease until 2026. 18,000 sqft lot, 360 sqft office. Parking for 50+ vehicles. Prime location on State Road 7. NOI $144,441, Cap Rate 6.88%.

Property Details

City: West Park

State: FL

Zip Code: 33023

Address: 2401 S State Road 7, West Park FL 33023

Year Built: 1969

Property Type: Commercial Sale

Property Sub Type: Special Purpose

Listing Office Name: RE/MAX 5 Star Realty

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $17,559

Days On Market: 245 Days

Original Listing Description

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.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

2401 S State Road 7, West Park FL 33023

About This Neighborhood

Situated in West Park, this property benefits from proximity to major transportation routes including I-95 and Florida’s Turnpike. The neighborhood is a mixed-use area with commercial corridors and nearby residential communities, providing a balanced environment for business activities. The Hollywood–Pembroke Pines corridor nearby adds to the area's economic activity, making it a convenient and accessible location for automotive sales and services.

Walkability & Lifestyle

The property is located on a busy commercial corridor with convenient access to local amenities. Nearby shopping centers, dining options, and service businesses are easily reachable by car. While primarily an auto dealership site, its proximity to major roads facilitates quick travel to surrounding areas and key destinations.

Things To Do Nearby

West Park and the surrounding Hollywood–Pembroke Pines corridor offer a range of recreational and lifestyle activities. Residents and visitors can enjoy nearby parks, dining venues, and entertainment options. The area’s accessibility to beaches and waterfront areas enhances lifestyle choices for those living or working nearby.

Nearby Schools

West Park offers access to a variety of educational institutions within reasonable commuting distance, serving families living and working in the area. While this property is commercial, its location supports community needs, including schools, which contribute to the overall neighborhood stability and desirability.

Why Buyers Like This Area

Buyers appreciate this West Park commercial property for its strategic location on State Road 7 with excellent visibility and access. The existing tenant lease provides immediate income, while the property’s layout supports automotive sales with ample parking and office space. Its proximity to major highways and commercial hubs makes it a practical choice for investors or owner-users seeking a well-positioned asset.

Investment Potential

This commercial property in West Park presents a solid opportunity for investors seeking a tenant-occupied asset with steady income. The existing lease runs through May 2026, with the tenant willing to extend or vacate, offering flexibility for owner-users. Its location on State Road 7 ensures high visibility and traffic, which supports ongoing business operations and tenant appeal. The net operating income and cap rate reflect a stable financial profile, making it suitable for those looking to add a commercial asset with established cash flow to their portfolio.

Market Trends

The West Park commercial real estate market is characterized by steady demand, especially for properties with strong street presence and accessibility. Properties along State Road 7 attract attention due to their exposure to high traffic volumes. This area continues to see interest from investors and business owners focused on automotive and retail sectors, reflecting a stable market with long-term appeal.

Rental Income Potential

With a tenant lease in place until 2026, this property offers consistent rental income supported by its prime location and operational setup. The tenant’s willingness to extend the lease or vacate provides options for investors or owner-users. The high occupancy rate and established business use contribute to tenant interest and rental stability in this commercial sector.