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    2055 Liberty St Hollywood, FL 33020

    Sponsored
    For Sale
    $6,500,000

    19,448 SF Office Building, Vacant, High ROI

    Property size:
    19,448 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19,448-square-foot freestanding office building is situated on a sizable 0.73-acre lot (32,217 sq ft) in desirable East Hollywood, Florida. Located directly on Dixie Highway, this two-story Class C building, constructed in 1973, offers significant potential for investors and owner-users alike. Currently vacant, the property boasts a projected 6.79% capitalization rate and a pro-forma net operating income (NOI) of $441,664, making it an attractive investment opportunity. The asking price is $6,500,000, translating to $334.22 per square foot. The property features 25 parking spaces and benefits from liberal DH-3 zoning, permitting a wide range of uses and encouraging new development with generous height restrictions. A unique aspect of this property is its pre-approved status as a gun range, presenting a distinct advantage in the market. This prime location and flexible zoning make it ideal for redevelopment, repositioning, or owner-occupancy. The building's size and location offer excellent visibility and accessibility, making it a compelling option for businesses seeking a prominent presence in East Hollywood. Serious inquiries are encouraged.

    Property Features for 2055 Liberty St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    19,448 SF
    Class
    C

    Building Details

    Year Built
    1973
    Buildings
    1
    Stories
    2

    HighLights

    • Freestanding office/flex building.
    • Excellent Hollywood, FL location.
    • Projected 6.8% capitalization rate.
    • Approved for gun range use.
    • Ideal for owner‑occupancy or investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -80.1490076
    Latitude
    26.0310251

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    FAQs

    What type of property is this?
    Office Property / Space - 19,448 SF Office Building, Vacant, High ROI
    Where is this office property / space located?
    The property is located at 2055 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: Freestanding office/flex building.; Excellent Hollywood, FL location.; Projected 6.8% capitalization rate.
    (954) 453-1000
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    2055 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
    2055 Liberty St Hollywood, FL 33020
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