$856.30 Per Sq Foot $6,973 est/mo Sourced by Back At You

1922 Tyler St,Hollywood, FL 33020

Hollywood FL, 33020

Share with a friend

Description

The subject property consists of 1,517 SF of office space on a 3,031 SF lot. Currently built out as a general office. This property also works very well for an investor. An investor can lease the property at a market rate of $58.19 p/SF NNN after closing. This will provide a net annual income of $88,274.23 and a 6.8% capitalization rate at full asking price. The zoning allows the building to be expanded to 2 stories / 6,000+ SF with no parking variance needed. Also, residential is permitted above the ground floor. Enjoy all the benefits of a downtown workplace which includes great business retail visibility, desirable employee work­ place location, close proximity to top restaurants and nightlife, major national events, and ample parking.

Details

MLS#A11396817
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive
Year1955
Days On Site360
Listing Provided ByRE/MAX 5 Star Realty | John DeMarco

Features

SQ Feet1,517
ZoningND-3
Acreage3031.00

Market Activity 33020

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®

Request a showing

Request a showing

Loading Form
Listings Checked: 5 seconds ago
StateFL
CountyBroward County
CityHollywood
Zip Code33020
Area3070
Listing VS Median (in 33020)
Price:
$1,299,000
low | high
Med:
$13,000
100% of Average
SqFt:
1,517
low | high
Med:
1,838
28.839815425181% of Average
$ / SqFt:
$856
low | high
Med:
$8
100% of Average
On Site:
360
low | high
Med:
247.500000
100% of Average
Sourced by Back At You
Listing Updated: May 14, 2024 at 6:33:14 PM PDT