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    2216 20Th Ave Hollywood, FL 33020

    For Sale
    $2,950,000

    5,556 SF Warehouse, Vacant, Great Location

    Property size:
    5,556 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 5,556-square-foot warehouse, located at 2216 N 20th Ave in Hollywood, Florida (33020), presents a compelling investment opportunity. The property, built in 1970, is situated on a large 14,756-square-foot fenced lot, offering ample space and security. The single-story building features a 12-foot ceiling height and 15 parking spaces. Currently vacant, this Class C industrial property boasts a flexible layout, ideal for a variety of uses. The permitted DH-3 zoning allows for a wide range of businesses and encourages new developments. The asking price is $2,950,000, translating to $530.96 per square foot. Its prime location in East Hollywood, just off Dixie Highway, provides excellent accessibility. The property's size and zoning make it suitable for businesses such as moving companies, transportation firms, general contractors, or construction companies needing both office space and storage. This is a rare opportunity to acquire a well-located, spacious warehouse in a thriving area. The property is ready for immediate occupancy.

    Property Features for 2216 20Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    5,556 SF
    Class
    C

    Building Details

    Year Built
    1970
    Buildings
    1
    Stories
    1

    HighLights

    • 5,556 SF flex building.
    • Large fenced lot.
    • DH‑3 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ciao Bella Salon Hair Salon Cargo Transport Alliance Trucking Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1476993
    Latitude
    26.0313925

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    FAQs

    What type of property is this?
    Distribution property - 5,556 SF Warehouse, Vacant, Great Location
    Where is this distribution property located?
    The property is located at 2216 20Th Ave Hollywood, FL.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: 5,556 SF flex building.; Large fenced lot.; DH-3 zoning.
    Request Owner's contact information
    2216 20Th Ave 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
    2216 20Th Ave Hollywood, FL 33020
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