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Property profile & analytics
OFF-MARKET Estimated value $840,000
Retail space

201 21st Ave Hollywood, FL 33020-4506

4,094 SF 0.11 ac lot Built 1958
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US18-4764242
Property summary
AI-generated overview

This exceptional business opportunity is located at 201 N 21st Ave, Hollywood, Florida. The property boasts a substantial 4,094 square feet of space, ideal for a variety of commercial ventures. Currently operating under a lease agreement, the property generates a strong rental income. The current lease includes a monthly rent of $5,000, plus an additional $2,000 for common area maintenance and taxes. The existing contract extends until February 2026, offering immediate cash flow and the potential for renewal. This presents a unique investment opportunity with significant upside potential. The property's strategic location in Hollywood, Florida, provides excellent access to major transportation routes and a thriving local market. Furthermore, this offering presents a compelling opportunity for foreign investors seeking an E-2 visa. The substantial rental income and established business operations make this a low-risk, high-reward investment. The property is offered at $145,000, representing a significant return on investment. Serious inquiries are encouraged to explore this lucrative opportunity further. The property is situated on a lot with zero acres. The property type is classified as a Business Opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Construction CONCRETE
Total area 4,094 SF
Lot 0.11 ac (4,699 SF)
Zoning code ND-3
APN 51-42-15-01-1730
UPID US18-4764242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • TRU POINT Restaurant Take-out & Catering
  • 21st Avenue Bar - Downtown Hollywood Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$875k
Comparable Approach Comparable
$603k
Blend (final) Blend
$840k
Owner & transaction history
Bender Properties INC · 13 yrs held
Bender Properties INC
since 2013
2 recorded transactions
2013
$585,000
2007
Price N/A
Zoning & alternative use
ND-3 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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