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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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7035 Taft St , Hollywood, FL 33024
$4,300,000
Est. Payment: $9,555.56/mo
0 Bed
0 Bath
4158 Sqft
Status: Active | Days on site: 8
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MSGR01 - 0707528
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

This freestanding commercial building represents an exceptional turn-key investment, and a rare value added opportunity in Hollywood, FL. Operating under a passive Triple Net (NNN) lease, the property delivers immediate, stable cash flow with zero landlord maintenance responsibilities. Cataloged under flexible C-3 zoning allowing for vertical development of up to 7 stories, and boasting an active city pre approval to double its current square footage. This asset is perfectly positioned for forward-thinking investors and developers looking to maximize returns in a high-demand market. - Operating under flexible retail zoning. 100% Leased NNN – Lease ends on 2030 – Lease Term: adjusted based on CPI INDEX.
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Highlights

Listed by Mirta Suttin , 786-253-6668 MGS Brokers , 786-253-6668.

Property Type

Commercial Sale
Lot/Acreage
0.53

Year Built

1966

County

Broward

Area

3010

Listing ID

A12079891

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Zoning:C-3
Sewer:Public Sewer
Parking Features:Common,Free Parking
Principal Interest
$9,556
Taxes
$2,037

Home Price

$4,300,000

Loan Details

30 yrs
%

Down Payment

20%
$860,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,555.56 $2,036.92 $0.00 $11,592.47
Yearly $114,666.67 $24,443.00 $0.00 $139,109.67
Total $3,440,000.00 $733,290.00 $0.00 $4,173,290.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.