Property profile

2000 Dixie Hwy Hollywood, FL 33020

OFF-MARKET
Manufacturing properties
Property ID
US18-8856419
5,215 SF 0.33 ac lot Built 1952
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 2000 N Dixie Hwy in Hollywood, Florida, presents a compelling investment opportunity. The freestanding, two-story building, constructed in 1952, encompasses 8,287 square feet and sits on a 0.32-acre corner lot. Its strategic location on N Dixie Highway, between Miami and Fort Lauderdale, offers excellent visibility and accessibility, with proximity to major highways and Tri-Rail stations. The property is zoned DH-3, allowing for a wide range of uses, including retail, commercial, industrial, manufacturing, institutional, and high-density mixed-use projects. This versatility makes it ideal for both owner-users and developers. The area is experiencing significant growth, with several approved and ongoing projects within a mile radius that will increase residential density and further enhance the property's value. The asking price is $2,550,000, and the seller is highly motivated to sell, making this an attractive proposition for discerning investors. Don't miss this chance to acquire a prime piece of real estate in a thriving South Florida market.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1952
Construction CONCRETE
Total area 5,215 SF
Lot 0.33 ac (14,173 SF)
Zoning code DH-3
APN 51-42-09-05-1100
UPID US18-8856419

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company
  • Big Box & Wholesale Store
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

2000 Dixie Hwy Hollywood, FL 33020-2341
Hollywood metro Census 90404 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.84M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.80M

Owner & transaction history

since 2022
Last sale
$1.6M
5 recorded transactions
2022
Price N/A
2022
$1.6M
1998
$26,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DH-3 · Hollywood, FL
Zoning description

(iii) DH-3 - Dixie Highway High Intensity Mixed-Use District Special Requirements. a. For lots which abut Dixie Highway and 21st Avenue, the tower orientation shall be towards Dixie Highway and 21st Avenue. b. Where poss…

General category MIXED_USE
Top alternative use upside
Office building $2.6M +6.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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