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2032-2050 Hollywood Blvd
Hollywood, FL 33020

Broward Building · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
22,644 SF
Building Class
B
Year Built/Renovated
1944/2008
Tenancy
Multiple
Number of Floors
2
Building FAR
0.91
Lot Size
0.57 AC
Zoning
CCC-1
Parking
4 Spaces (0.18 Spaces per 1,000 SF Leased)

About 2032-2050 Hollywood Blvd , Hollywood, FL 33020

Located at 2032 Hollywood Blvd, Hollywood Florida this building is very well situated on the corner entrance of downtown Hollywood. It is considered by many to be a well known Landmark property. The physical property consists of 19,332 square feet divided into five commercial bays, a large rear detached building, and 12-second floor residential apartments. A+++ Location in the heart of Downtown Hollywood. The building is very well maintained and professionally managed. Strong and diverse tenant mix includes restaurants, bars, photo studio, escape room, axe throwing entertainment, spa, and residential apartments. Most tenants have very expensive and elegant build­outs. This building has new impact windows and doors on the entire second floor, a new roof, and has no overall deferred maintenance. The Broward Building is currently 95.05% occupied with only one vacancy. It is currently grossing $465,451, annually netting $363,351. There is significant room to increase rents on future renewals. Great long term investment. Property is located in an opportunity zone. A property manager will stay on if desired by the buyer. This is an excellent opportunity to invest in a well maintained and turn­key operating property in an A+++ location. Please remember to not disturb existing tenants. Call for additional information.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
51-42-15-01-1290
Land Assessment
£479,170
Improvements Assessment
£1,879,050
Total Assessment
£2,358,220
  • Listing ID: 17877377

  • Date on Market: 05/12/2019

  • Last Updated:

  • Address: 2032-2050 Hollywood Blvd, Hollywood, FL 33020

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