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    2040 Liberty St Hollywood, FL 33020

    Sponsored
    For Sale
    $6,500,000

    19,000 SF Warehouse, Huge Development Potential

    Property size:
    19,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19,000-square-foot warehouse, situated on a 43,000-square-foot lot in Hollywood, Florida (33020), presents a compelling development opportunity. The property, built in 1958, boasts a prime location in East Hollywood, just south of Sheridan Street, offering easy access to I-95 and US-1 Federal Highway. Currently configured as a multi-tenant warehouse with approximately 10% office space and 90% warehouse space, the building features 24-foot ceilings and three street-level roll-up doors. Ample parking is available on the site. According to the City of Hollywood's Zoning Map, this property allows for significant redevelopment. The maximum building height is 14 stories, with a maximum built area of 128,829 square feet. Permitted uses include residential, lodging, office, commercial, civic, educational, and industrial. The asking price for this unique property is $6,500,000. This is a rare chance to acquire a large, versatile property with substantial development potential in a thriving South Florida location. The property consists of a single, two-story building. The modified lease is multi-tenant.

    Property Features for 2040 Liberty St

    General Information

    Property type
    Distribution properties
    Square Feet
    19,000 SF

    Building Details

    Year Built
    1958
    Buildings
    1
    Stories
    2

    HighLights

    • 19,000 SF warehouse on a 43,000 SF lot in Hollywood, FL (33020).
    • Prime East Hollywood location near I‑95 and US‑1.
    • Multi‑tenant warehouse with 24' ceilings and three roll‑up doors; 10% office, 90% warehouse.
    • Ample on‑site parking.
    • Significant redevelopment potential: 14‑story maximum height, 128,829 SF maximum buildable area, diverse permitted uses.
    • $6,500,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.149182
    Latitude
    26.0304886

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    FAQs

    What type of property is this?
    Distribution property - 19,000 SF Warehouse, Huge Development Potential
    Where is this distribution property located?
    The property is located at 2040 Liberty St Hollywood, FL.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: 19,000 SF warehouse on a 43,000 SF lot in Hollywood, FL (33020).; Prime East Hollywood location near I-95 and US-1.; Multi-tenant warehouse with 24' ceilings and three roll-up doors; 10% office, 90% warehouse.
    Request Owner's contact information
    2040 Liberty St Hollywood, FL 33020
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    Hollywood, FL 33020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2040 Liberty St Hollywood, FL 33020
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