1114 N State Road 7, Hollywood FL 33021,Hollywood,Broward County,Commercial Sale

$2,000,000

Overview

Restaurant/Entertainment
Property Type

Description

Second Generation restaurant/bar. Free-standing building with ample parking. This property is conveniently located directly on N State Rd 7/441 and has great visibility and signage consisting of 1,965 SF, and it is well situated on a 6,421 SF lot which includes an additional parking lot. High-traffic area with over 34K cars per day. The property undergo a significant renovation in 2022 including all brand new HVAC systems, exterior paint and complete renovation of the interior. All showings are by appointment only. Call the listing office for additional information.

Address

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Address: State Road 7
City: Hollywood
State/county: Broward County
Zip/Postal Code: 33021

Details

Updated on January 6, 2024 at 8:42 am

Price $2,000,000
Year Built 1958
Property Type Restaurant/Entertainment
Property Status Commercial Sale

Additional details

StreetDirPrefix N
PublicSurveyRange 51
ListAgentKey d22b15ba13cea08e1681e06c011396fd
TaxLegalDescription HOLLYWOOD BEACH HEIGHTS SEC B 10-22 B LOT 4 BLK 16
OnMarketDate 2023-01-31
ListAgentEmail John@deMarcogroup.net
ContractStatusChangeDate 2023-01-31
MajorChangeTimestamp 2023-01-31T20:09:54.993Z
PhotosCount 14
SubAgencyCompensation 2.5%
StatusChangeTimestamp 2023-01-31T20:09:54.993Z
PriceChangeTimestamp 2023-01-31T20:09:54.993Z
ListingKeyNumeric 378404157
MajorChangeType New
ListingContractDate 2023-01-31
ListAOR A-Miami Association of REALTORS
TaxAnnualAmount 8341
ListOfficeName RE/MAX 5 Star Realty
OriginatingSystemKey miamire
BusinessType Restaurant/Bar
DualVariableCompensationYN no
PhotosChangeTimestamp 2023-01-31T21:23:40.161Z
OriginatingSystemName Miami Association of REALTORS®
ListOfficePhone 954-361-0000
MlsStatus Active
StreetNumber 1114
ListingKey 1f5d4139f2ac9bc8f5b947aa0620a36f
StateOrProvince FL
ListOfficeKey e1fcd57733fa179966a1b70145399144
BridgeModificationTimestamp 2023-08-22T18:09:34.590Z
ListAgentFullName John DeMarco
ListAgentOfficePhone 954-361-0000
ParcelNumber 514112050870
OtherExpense 0
IDXParticipationYN yes
InternetAddressDisplayYN yes
ListAgentMlsId 3134747
ModificationTimestamp 2023-08-22T18:05:28.153Z
OriginatingSystemID miamire
DaysOnMarket 203
BuyerAgencyCompensationType %
ListOfficeMlsId DBRG01
ListAgentDirectPhone 954-453-1000
StreetNumberNumeric 1114
PostalCodePlus4 5103
NumberOfUnitsInCommunity 0
ExpirationDate 2024-01-31
SyndicationRemarks This property is conveniently located directly on N State Rd 7/441 and has great visibility and signage consisting of 1, 965 SF, and it is well situated on a 6, 421 SF lot which includes an additional parking lot.. High traffic area with over 34K cars per day. Currently leased to a long term restaurant/bar tenant on a NNN lease with minimal landlord responsibilities. The property undergo a significant renovation in 2022 including all brand new HVAC systems, exterior paint and complete renovation of interior. Current lease is thru September 2027 and base rent increases 3% annually.
ListAgentStateLicense 3134747
PublicSurveyTownship 51
ListOfficeFax 954-361-0070
ListingAgreement Exclusive Right To Sell
PublicSurveySection 12
ListingId A11335926
SpecialListingConditions Sale
OriginalListPrice 2250000
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN yes
BuyerAgencyCompensation 2.5%
InternetAutomatedValuationDisplayYN no
OriginalEntryTimestamp 2023-01-31T20:09:54.993Z
SourceSystemKey 378404157
LotSizeSquareFeet 2625
InternetConsumerCommentYN no
BuildingAreaTotal 1985