Hollywood, FL 33020,2215 N Federal Hwy
Hollywood, FL 33020,2215 N Federal Hwy
Hollywood, FL 33020,2215 N Federal Hwy
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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

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.

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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Miami Association of Realtors (SEFMIAMI MLS)
Listed by RE/MAX 5 Star Realty
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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2215 N Federal Hwy