Office Building with Ample
7061 Taft St Hollywood, FL 33024
7061 Taft St, Hollywood, FL, 33024
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For Sale
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Office building in Hollywood, Florida with ample parking and a layout suited for professional or light medical use.
Property Size1,859 SF
Price / SF$564.82
Days on Market86
Property Features for 7061 Taft St
General Information
- Standard status
- Active
- Size
- 1,859 SF
- Property subtype
- Office
Listing agency
Costa International Realty LLC
(954) 471-8452
Listed by
Paula Castano Barrientos · License #3566586
Source
Crexi
Added: Apr 29 Updated: Jul 22 at 6:12AM Checked: Jul 22 at 6:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Costa International Realty LLC
Investment Insights
Based on property information with market context.
This office building offers a functional layout suitable for a range of professional uses, including traditional office space, insurance and other service-based operations, and medical/professional use. The property is zoned for light office use, providing flexibility for an owner-user or investor seeking long-term holding.
Located at 7061 Taft St in Hollywood, FL 33024, the property is described as well-positioned in an established commercial area with convenient access to major roads and highways. Public remarks also note ample parking and a quieter surrounding environment.
As presented, the site’s combination of light office zoning, a practical interior configuration for office/professional needs, and parking/access is intended to support day-to-day client and employee use.
Located at 7061 Taft St in Hollywood, FL 33024, the property is described as well-positioned in an established commercial area with convenient access to major roads and highways. Public remarks also note ample parking and a quieter surrounding environment.
As presented, the site’s combination of light office zoning, a practical interior configuration for office/professional needs, and parking/access is intended to support day-to-day client and employee use.
Key Highlights
- Office building in Hollywood, Florida
- Zoned for light office use, suitable for owner‑user or investment use
- Layout is suitable for professional offices, insurance agency, medical use, or service‑based businesses
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.3k | $33.00 |
| − Vacancy | −$13.5k | −$7.26 |
| EGI | $47.9k | $25.74 |
| − OpEx | −$12.0k | −$6.44 |
| NOI | $35.9k | $19.31 |
1,859 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$512.7K
$448.6K – $598.1K
NOI $35,888 @ 7.0% cap · market cap 3.42%
Second Best
Healthcare Medical
$374.4K
$327.6K – $436.8K
NOI $26,207 @ 7.0% cap · market cap 2.50%
Theoretical Best
Office A
$727.2K
$636.3K – $848.5K
NOI $50,907 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mendez & Mendez PA
Law Firm
Hollywood Kitchen Designer ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Office building - Office building in Hollywood, Florida with ample parking and a layout suited for professional or light medical use.
Where is this office building located?
The property is located at 7061 Taft St Hollywood, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Office building in Hollywood, Florida; Zoned for light office use, suitable for owner‑user or investment use; Layout is suitable for professional offices, insurance agency, medical use, or service‑based businesses
