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Code: | 9419F20 | |||
City: | Hollywood | |||
Retail Type: | ||||
Price: | $ 2,300,000 | |||
Cap. Rate: | ||||
Tenancy: | ||||
Retail Sq.Ft.: | 4,876 | |||
Lot. Area Sq. Ft.: | 9437 | |||
Parking: | 12 Common Parking | |||
Year: | 1954 | |||
Literally steps from the beach this 8 unit building sits on 3 contiguous lots and is a prime location for redevelopment or a vacation rental concept. Property is located in the quiet secluded enclave that is Hollywoods North Beach. This enclave is going through a major redevelopement and Elm St on which the property is located has been mostly redeveloped. From this location one can access Surf Rd to the south which allows you to walk or bike to Hollywoods famed boardwalk and it's many restaraunts and entertainment venues. To the north is the Dania Beach Pier and the state park with it's boat ramps, nature trails, and pavillions. The longtime family owned property is being operated as an apartment building at 100% occ. All leases allow for a 60 day notice to vacate with change of ownership. | ||||
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