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$5,500,000
Est. payment /mo
9,747 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,747 sqft
Price per Sqft $564
MLS Listing ID A11927168
HOA Y/N No
Year Built 1961
Annual Tax Amount $18,361
Lot Size 0.436 Acres
Property Sub-Type Mixed Use
Property Description
This prime income-producing commercial asset is located on an approximately 19,011 SF lot and is improved with three buildings totaling ±9,747 SF. The property offers fully stabilized cash flow, long-term investment durability, and strong underlying land value along one of Hollywood's most active commercial corridors.
The property is 100% leased and generates an estimated stabilized NOI of approximately $278,000 annually. The tenant mix includes a furniture store, bar, and lounge, providing diversified income streams across retail and nightlife uses while benefiting from strong corridor visibility and established consumer traffic.
Situated along a high-traffic commercial corridor, the property benefits from excellent visibility, prominent street exposure, and convenient access, supporting consistent tenant performance. The site is zoned FH-2, allowing for a wide range of permitted uses, including retail, restaurant, office, showroom, nightlife, and mixed-use, preserving future repositioning and redevelopment flexibility.
This offering is well-suited for investors seeking a fully stabilized, income-producing asset with zoning optionality and strong tenant demand in a supply-constrained market.
The property is 100% leased and generates an estimated stabilized NOI of approximately $278,000 annually. The tenant mix includes a furniture store, bar, and lounge, providing diversified income streams across retail and nightlife uses while benefiting from strong corridor visibility and established consumer traffic.
Situated along a high-traffic commercial corridor, the property benefits from excellent visibility, prominent street exposure, and convenient access, supporting consistent tenant performance. The site is zoned FH-2, allowing for a wide range of permitted uses, including retail, restaurant, office, showroom, nightlife, and mixed-use, preserving future repositioning and redevelopment flexibility.
This offering is well-suited for investors seeking a fully stabilized, income-producing asset with zoning optionality and strong tenant demand in a supply-constrained market.
Location
State FL
County Broward
Area 3080
Exterior
Private Pool Yes
Others
Tax ID 514210210370
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11927168
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Listed by RE/MAX 5 Star Realty
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