Retail For Sale 1101 N Federal Hwy, Hollywood, FL 33020
1101 N Federal Hwy, Hollywood, FL 33020
Property Description: This is a rare opportunity to acquire a freestanding retail building on US-1 in Hollywood, Florida. The property features a 5,675 SF building on a 14,282 SF lot in a prime high-visibility location. Currently operating as a dual-purpose business specializing in locksmith services and bicycle sales/repairs, the site has a long-established presence in the community. The business is fully staffed and equipped, generating a gross revenue of $730,158 and a net income of $194,246 annually. With strong potential for continued success, this property offers an investor the opportunity to take over a well-established operation or repurpose the space for a new venture. The seller 's inventory is available for purchase at closing.
Useful Info
Land Lot (Parcel) Details
Construction
Style:
- Detached
- Retail
Property Features
Taxes and Expenses
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.
Terms
- Owner
Community
Parking
More Details
Flood ZoneAE,X
FEMA Flood Zone DesignationsAE,X
Ref1104271494
Subdivision Number5
Zoning and Legal
Listing History
Update/Event | Date/Days |
Published Date: | February 4, 2025 3:47 pm |
On Market Date: | February 4, 2025 |
Price Change Date Time: | February 4, 2025 3:39 pm |
Last Important Update Description: | New Listing |
Date and Time of Last Important Update: | February 4, 2025 3:47 pm |
Status Last Changed: | February 4, 2025 3:47 pm |
Photos Last Modified: | February 4, 2025 9:01 pm |
Last Modified: | February 5, 2025 2:00 am |
Days on the Market Reference Date: | February 5, 2025 |
Days on the Market (updated on Last Modified*): | 0 |
Cumulative Days on the Market (updated on Last Modified**): | 0 |