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Private Address | For Sale A11627630 in Hollywood

$5,999,900

Property Highlights

Listing ID A11627630 Status of this Listing: Active For Sale Property Type Commercial Sale Mixed Use Building Area 10,015 Sqft/930.42 m2 approx. Lot area 26,596 Sqft/2470.85 m2 approx. Year Built 1936 Time of this property on Rebonus 45 Day(s)
13 Photos of this Property

About this Mixed Use with Listing ID A11627630

Property Description: Prime development opportunity in an Opportunity Zone! **Zoning:** Flexible mixed-use zoning allows for various uses, including hotels, commercial, and residential, with potential for up to 5 stories and 79,683 SF. **Growth Potential:** Surrounded by high-rise buildings and mixed-use projects. **Development Opportunity:** Ideal for developers to generate income from office or retail tenants during planning and approval. Proforma income of $230,000 with a total built area of 10,115 sq ft. **Parking:** 30 spaces with a ratio of 3 per 1,000 sq ft. **Location:** Prime frontage on US-1 with 44,000 VPD, providing excellent exposure and signage opportunities.

Commercial Sale Mixed Use For Sale referenced as ID MLS # A11627630. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$5,999,900

Land Lot (Parcel) Details

Lot Size Acres:0.61
Lot Size Unit:Square Feet

Construction

Architectural Style:
  • Detached
Levels:Two
Construction Materials:
  • Block
Structure Type:
  • Office
Stories:2
Road Frontage Type:
  • Main Thoroughfare

Property Features

Waterfront:No
Security:
  • Security System
  • Security Lights
  • Fenced
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$38,334

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Insurance Expense:$20,000

Terms

Occupant Type:
  • Call Agent
Lease Considered:No

Community

Senior Community:No

Parking

Parking Total Spaces:35
Covered Spaces:0
Parking Features:
  • Free Parking
  • On Street

Utilities

Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Flood Zone : X
FEMA Flood Zone Designations: X
Subdivision Number: 10

Zoning and Legal

Tax Legal Description:HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 12 TO 14,15 LESS E 7 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO S/L LOT 15
Real Estate Folio Number (Parcel Number):514222102090
Zoning Description:FH-2
Public Survey Range:51
Public Survey Section:22

Listing History

Update/EventDate/Days
Published Date:July 22, 2024 5:14 pm
On Market Date:July 22, 2024
Price Change Date Time:July 22, 2024 8:14 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:July 22, 2024 5:14 pm
Status Last Changed:July 22, 2024 5:14 pm
Photos Last Modified:August 30, 2024 5:28 pm
Last Modified:August 30, 2024 5:10 pm
Days on the Market Reference Date:August 30, 2024
Days on the Market (updated on Last Modified*):39
Cumulative Days on the Market (updated on Last Modified**):39

Additional Information

Number of Photos Count:13
Area:3050
Ref ID:1077752043
Courtesy of:Rise Realty
Universal Property Id:US-12011-N-514222102090-R-N

Neighborhood

Postal City:Hollywood