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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1961
Sq.Footage
N/A
Prime income-producing commercial property located in Hollywood, FL. This 19,011 SF lot includes two buildings totaling 9,747 SF with strong tenants in place and a major value-add opportunity through lease-up. The property generates a current NOI of $164,000 with a projected NOI of $306,000 once the vacant unit is leased at pro-forma market rent. Tenant mix includes a lounge ($8,500 + CAM), a bar ($5,200 + CAM), and a third vacant space with pro-forma rent of $12,000 + CAM. Excellent visibility and exposure along a high-traffic commercial corridor. Flexible FH-2 zoning allows a wide range of commercial uses, including retail, restaurant, office, nightlife, and mixed-use, providing long-term stability and strong underlying land value.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$5,500,000
-
Tax Amount
18361.0
-
Zoning
FH-2
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Randall Sanz , RE/MAX 5 Star Realty
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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