Property summary
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 profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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