5655-5659 Johnson St Hollywood, FL 33021
Property profile & analytics
5655-5659 Johnson St, Hollywood, FL 33021
- Retail residential properties
- 5,663 SF
- 0.20 lot acres
Property ID
US18-4966923
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail residential properties
Property Details for 5655-5659 Johnson St
- Year built
- 1960
- Construction
- CONCRETE
- Lot size
- 0.20 lot acres
- Zone code
- C-3
- Property type
- Retail residential properties
- APN
- 51-41-12-04-0750
- APU
- 514112040750
Description
This exceptional mixed-use property, located at 5655-5659 Johnson St #9 in Hollywood, Florida, presents a compelling investment opportunity. The 5,663 square foot building, constructed in 1960, boasts a prime corner lot location in central Hollywood, offering excellent visibility and accessibility. The property comprises three retail storefronts, currently operating as a convenience store, and six residential units, generating a combined annual revenue exceeding $175,000. Its strategic location places it within close proximity to major highways, the turnpike, and a vibrant commercial district featuring restaurants, shopping centers, the Hard Rock Casino, Hard Rock Stadium, Gulfstream Park, and nearby beaches. This presents a unique opportunity to acquire a well-established, income-producing asset in a high-growth area. The asking price of $1,500,000 is considered below market value, making this an attractive proposition for discerning investors. The seller is motivated to sell, offering a potentially advantageous negotiation opportunity. This property is zoned for mixed-use development, offering potential for future expansion or redevelopment. The building's strong rental history and consistent cash flow make it an ideal addition to any investment portfolio. Detailed financial statements are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,300,000
- ML approach
- $1,300,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,275,000
- 6.5%
- $1,175,000
- 7%
- $1,090,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,354,000
Market price range: $485k - $1.71M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.2017
- Latitude
- 26.018
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,402
$88,540
$848,150
$936,690
-
$88,540
$848,150
$936,690
