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    5981 Funston St Hollywood, FL 33023

    Sponsored
    For Lease
    $36 SF/Yr ($13,500 /Mo)

    Prime Hollywood location, flexible space available

    Lot size:
    4,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,500 square foot commercial property, situated on a spacious 1.94-acre lot in Hollywood, Florida, presents a unique investment opportunity. The building, a Class C property constructed in 1976 and extensively renovated in 2018, offers a blend of traditional office and flex space, ideal for a variety of uses. Currently zoned M1 and C4, the property boasts a two-story structure with convenient drive-in access featuring two drive-in bays. The multiple tenancy setup allows for flexibility in leasing arrangements. Located at 5981 Funston St, Hollywood, FL 33023, in Broward County, this property is perfectly positioned to capitalize on the thriving Hollywood market. The existing configuration includes two available spaces, each with 400 square feet and two parking spaces, meeting state requirements. Additional parking is available on-site, providing ample space for customers and employees. This versatile property is well-suited for businesses seeking a blend of office and retail or industrial space, offering a prime location and substantial square footage in a highly desirable area. The property's recent renovation ensures modern amenities and functionality, making it an attractive option for discerning investors and businesses alike. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a prime location.

    Property Features for 5981 Funston St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,500 SF
    Class
    C
    Total Rate
    13500

    Building Details

    Year Built/Renovated
    1976/2018
    Stories
    2

    Unit(s) available at that property

    Space
    B3
    Size
    400 SF
    Rate per SF
    $36
    Space
    B5
    Size
    400 SF
    Rate per SF
    $36

    HighLights

    • High‑potential retail or wholesale auto dealership space.
    • Ample additional parking available.
    • Second‑floor unit also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bren's Auto Inc. Car Repair And Maintenance Service Motorworkz, Inc Car Dealer A1 Quality Auto ... Auto Repair Shop Third Premier Capital Medical Equipment Supplier Horizon Auto Broker ... Used Car Dealer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.2064008
    Latitude
    26.0006852

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    FAQs

    What type of property is this?
    Flex space - Prime Hollywood location, flexible space available
    Where is this flex space located?
    The property is located at 5981 Funston St Hollywood, FL.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: High-potential retail or wholesale auto dealership space.; Ample additional parking available.; Second-floor unit also available.
    Request Owner's contact information
    5981 Funston St Hollywood, FL 33023
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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
    5981 Funston St Hollywood, FL 33023
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