2032-2050 Hollywood Blvd
Hollywood, FL 33020
Broward Building · Retail Property For Sale

PROPERTY FACTS
ABOUT 2032-2050 HOLLYWOOD BLVD , HOLLYWOOD, FL 33020
Located at 2032 Hollywood Blvd, Hollywood Florida this building is very well situated on the corner entrance of downtown Hollywood. It is considered by many to be a well known Landmark property. The physical property consists of 19,332 square feet divided into five commercial bays, a large rear detached building, and 12-second floor residential apartments. A+++ Location in the heart of Downtown Hollywood. The building is very well maintained and professionally managed. Strong and diverse tenant mix includes restaurants, bars, photo studio, escape room, axe throwing entertainment, spa, and residential apartments. Most tenants have very expensive and elegant buildouts. This building has new impact windows and doors on the entire second floor, a new roof, and has no overall deferred maintenance. The Broward Building is currently 95.05% occupied with only one vacancy. It is currently grossing $465,451, annually netting $363,351. There is significant room to increase rents on future renewals. Great long term investment. Property is located in an opportunity zone. A property manager will stay on if desired by the buyer. This is an excellent opportunity to invest in a well maintained and turnkey operating property in an A+++ location. Please remember to not disturb existing tenants. Call for additional information.
PROPERTY TAXES
Parcel Number | 51-42-15-01-1290 | Improvements Assessment | $2,362,530 |
Land Assessment | $602,460 | Total Assessment | $2,964,990 |
Listing ID: 17877377
Date on Market: 12/5/2019
Last Updated:
Address: 2032-2050 Hollywood Blvd, Hollywood, FL 33020
The Parkside Retail Property at 2032-2050 Hollywood Blvd, Hollywood, FL 33020 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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