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7035 Taft St, Hollywood, FL 33024

$4,300,000 Beds Baths

Hollywood, FL 33024

Status
Active
Type
Retail
Year Built
1966
Days on Market
1
Lot Size
23,176 sqft
MLS #
A12079891

About This Home

This freestanding commercial building represents an exceptional turn-key investment, and a rare value added opportunity in Hollywood, FL. Operating under a passive Triple Net (NNN) lease, the property delivers immediate, stable cash flow with zero landlord maintenance responsibilities. Cataloged under flexible C-3 zoning allowing for vertical development of up to 7 stories, and boasting an active city pre approval to double its current square footage. This asset is perfectly positioned for forward-thinking investors and developers looking to maximize returns in a high-demand market. - Operating under flexible retail zoning. 100% Leased NNN – Lease ends on 2030 – Lease Term: adjusted based on CPI INDEX.

Property Details

Parking Features
Additional Spaces Available, Common, Free Parking

Building & Association

Association
No
Security Features
Other Fire Protection

Lot & Construction

Lot Features
Out Parcel
Lot Size Square Feet
23,176
Waterfront
No
View
No
Construction Materials
CBS Construction
New Construction
No

Public Records

Parcel Number
514111300011
Tax Annual Amount
$24,443
Zoning
C-3
County Or Parish
Broward County

Location

Courtesy of MGS Brokers

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