1922 Tyler St, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale

$1,200,000

Overview

Office
Property Type

Description

The subject property consists of 1,517 SF of office space on a 3,031 SF lot. Currently built out as a
general office. This property also works very well for an investor. An investor can lease the property at a market rate of $58.19 p/SF NNN after closing. This will provide a net annual income of $88,274.23 and a strong 7.36%
capitalization rate at full asking price. Enjoy all the benefits of a downtown workplace which includes great business retail visibility, desirable employee work place location, close proximity to top restaurants and nightlife, major national events, and ample parking. Join over 5,000 new permanent residents projected to move into to downtown Hollywood over the next few years.

Address

Open on Google Maps

Address: Tyler St
City: Hollywood
State/county: Broward County
Zip/Postal Code: 33020

Details

Updated on August 23, 2023 at 9:40 am

Price $1,200,000
Year Built 1955
Property Type Office
Property Status Commercial Sale

Additional details

PublicSurveyRange 51
ListAgentKey d22b15ba13cea08e1681e06c011396fd
TaxLegalDescription HOLLYWOOD 1-21 B LOT 36 BLK 24
OnMarketDate 2023-06-01
ListAgentEmail John@deMarcogroup.net
ContractStatusChangeDate 2023-06-01
MajorChangeTimestamp 2023-06-01T20:38:51.767Z
PhotosCount 22
SubAgencyCompensation 2.0%
StatusChangeTimestamp 2023-06-01T20:38:51.767Z
PriceChangeTimestamp 2023-06-01T20:05:26.770Z
ListingKeyNumeric 382621235
MajorChangeType New
ListingContractDate 2023-06-01
ListAOR A-Miami Association of REALTORS
TaxAnnualAmount 7093
ListOfficeName RE/MAX 5 Star Realty
OriginatingSystemKey miamire
BusinessType Office Space
DualVariableCompensationYN no
PhotosChangeTimestamp 2023-06-01T20:41:39.665Z
OriginatingSystemName Miami Association of REALTORS®
ListOfficePhone 954-361-0000
MlsStatus Active
StreetNumber 1922
ListingKey 67a12f7157734beb0d0c7008f497bdca
StateOrProvince FL
ListOfficeKey e1fcd57733fa179966a1b70145399144
BridgeModificationTimestamp 2023-08-22T18:09:34.813Z
ListAgentFullName John DeMarco
ListAgentOfficePhone 954-361-0000
ParcelNumber 514215014500
OtherExpense 0
IDXParticipationYN yes
InternetAddressDisplayYN yes
ListAgentMlsId 3134747
ModificationTimestamp 2023-08-22T18:07:18.970Z
OriginatingSystemID miamire
DaysOnMarket 82
BuyerAgencyCompensationType %
ListOfficeMlsId DBRG01
ListAgentDirectPhone 954-453-1000
StreetNumberNumeric 1922
PostalCodePlus4 4517
NumberOfUnitsInCommunity 0
ExpirationDate 2024-01-31
SyndicationRemarks The subject property consists of 1, 517 SF of office space on a 3, 031 SF lot. Currently built out as a general office. This property also works very well for an investor. An investor can lease the property at a market rate of $58.19 p/SF NNN after closing. This will provide a net annual income of $88, 274.23 and a strong 7.36% capitalization rate at full asking price. Enjoy all the benefits of a downtown workplace which includes great business retail visibility, desirable employee work place location, close proximity to top restaurants and nightlife, major national events, and ample parking. Join over 5, 000 new permanent residents projected to move into to downtown Hollywood over the next few years.
ListAgentStateLicense 3134747
PublicSurveyTownship 51
ListOfficeFax 954-361-0070
ListingAgreement Exclusive Right To Sell
PublicSurveySection 15
ListingId A11396817
SpecialListingConditions Sale
OriginalListPrice 1200000
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN yes
BuyerAgencyCompensation 2.0%
InternetAutomatedValuationDisplayYN no
OriginalEntryTimestamp 2023-06-01T20:38:51.767Z
SourceSystemKey 382621235
LotSizeSquareFeet 3031
InternetConsumerCommentYN no
BuildingAreaTotal 1517