Property profile

6740 Taft St Hollywood, FL 33024

OFF-MARKET
Office buildings
Property ID
US18-4871489
1,615 SF 0.16 ac lot Built 1974
Trust Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 1,615-square-foot single-tenant office building in Hollywood, Broward County, Florida, presents a unique leasing opportunity. Built in 1974 and recently remodeled, this one-story structure boasts a variety of features ideal for a professional office. The interior includes central air and heat, impact windows, updated flooring (grey laminate and tile), fresh paint, knockdown walls, new doors, ceiling fans, and a well-equipped kitchen with cabinets, refrigerator, microwave, and sink. Separate offices, workstations, and an open floor plan offer flexibility for various business needs. Additional amenities include a large air-conditioned storage room, a remodeled handicapped-accessible bathroom, an IT room with storage, new interior lighting, and ample parking with marked spaces in front and rear. Exterior features include a fenced side and rear yard, a shingle roof, a covered front entry, window treatments, an exterior storage unit, and a highly visible pylon sign. The property benefits from a prime location directly across from the Hollywood Festival Shopping Center, offering excellent visibility and proximity to numerous retail establishments including Fresco y Mas, CVS, and many others. The surrounding area also includes major retailers such as Publix and Walgreens within a short distance, ensuring high traffic and convenient access for clients and employees. Excellent ingress and egress further enhance the property's appeal.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction CONCRETE
Total area 1,615 SF
Lot 0.16 ac (6,937 SF)
Zoning code O-1
APN 51-41-11-19-0130
UPID US18-4871489

Cap rate & NOI

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

Location

6740 Taft St Hollywood, FL 33024-3903
Hollywood metro Census 91201 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2019
4 recorded transactions
2019
$215,400
1997
$130,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

O-1 · Hollywood, FL
Zoning description

F. O-1 Light Intensity Office District. 1. Purpose and uses: District Purposes Main Permitted Uses Special Exception Accessory Uses Prohibited Uses This district is intended to provide standards for: Offices. * Day Care…

General category COMMERCIAL

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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