1301 N Federal Hwy
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1301 N Federal Hwy
2,528 SF Vacant Retail Building Hollywood, FL 33020 $1,299,000 ($514/SF)
Investment Highlights
- Former Landmark Restaurant
- Great Visibility & Signage
- 9% Projected CAP Rate
- Second Generation Restaurant Directly on US-1
- High Traffic Counts over 35,000 Cars Daily!
Executive Summary
This subject property is a vacant, second generation restaurant located directly on North Federal Highway (US-1) and corner of Arthur Street just south of Taft St in East Hollywood FL and has great visibility and signage. High traffic area with over 35K cars per day. This physical property consists of 2,528 SF, and it is well situated on a 6,395 SF lot.
Great location directly on US1 / Federal Hwy, close to Interstate I-95, Fort Lauderdale International airport, Hollywood downtown and Hollywood Beach. The property has excellent visibility and signage. The property's proximity to Downtown Hollywood and Fort Lauderdale-Hollywood International Airport provides easy travel options for residents and visitors. Hollywood Beach Broadwalk is nearby, allowing residents to stroll with families.
Great location directly on US1 / Federal Hwy, close to Interstate I-95, Fort Lauderdale International airport, Hollywood downtown and Hollywood Beach. The property has excellent visibility and signage. The property's proximity to Downtown Hollywood and Fort Lauderdale-Hollywood International Airport provides easy travel options for residents and visitors. Hollywood Beach Broadwalk is nearby, allowing residents to stroll with families.
Property Facts
Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,528 SF
Building Class
C
Year Built
1973
Price
$1,299,000
Price Per SF
$514
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.14 AC
Zoning
FH-2
Parking
9 Spaces (3.56 Spaces per 1,000 SF Leased)
Frontage
79 FT on N Federal Hwy
Amenities
- Bus Line
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1301
- 2,528 SF
- Restaurant
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1301 | 2,528 SF | Restaurant | - | Now |
1301
| Size |
| 2,528 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (76)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 51-42-10-02-0040 | Improvements Assessment | $459,070 |
| Land Assessment | $115,110 | Total Assessment | $574,180 |
PROPERTY TAXES
Parcel Number
51-42-10-02-0040
Land Assessment
$115,110
Improvements Assessment
$459,070
Total Assessment
$574,180
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Presented by
RE/MAX 5 Star Realty
1301 N Federal Hwy
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