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2324 SW 56th Ter

5,391 SF 28% Leased Flex Building Hollywood, FL 33023 $1,050,000 ($195/SF)

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Investment Highlights

Strong M2 Zoning
Auto/moto repair shop and much more

Open space concept inside the property

Executive Summary

Industrial warehouse located in West park, Florida consisting of 3900 square feet of building sitting on a 5,391 square feet lot. This building has office of 150 square feet, 2 restrooms, good size back yard, 2 drive in rollup doors. M2 heavy manufacturing zoning which allows for most industrial uses including automotive, repair, mechanic shop and other. As per city of West Park no used car dealerships allow. Building went through the city inspection. Installed 2 new breaker panels 200A/ 120-240V 3 Phase Building. Currently vacant. Closing will take a place after 05.30.2024 as per seller request.

West Park

Property Facts

Price	$1,050,000	Rentable Building Area	5,391 SF
Price Per SF	$195	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1965
Property Type	Flex	Parking Ratio	2.05/1,000 SF
Property Subtype	Light Manufacturing General Retail Auto Repair Industrial Manufacturing Industrial Warehouse	Clear Ceiling Height	10 FT
Building Class	C	No. Drive In / Grade-Level Doors	2
Lot Size	0.12 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,050,000
Price Per SF	$195
Sale Type	Investment or Owner User
Property Type	Flex
Property Subtype	Light Manufacturing General Retail Auto Repair Industrial Manufacturing Industrial Warehouse
Building Class	C
Lot Size	0.12 AC
Rentable Building Area	5,391 SF
No. Stories	1
Year Built	1965
Parking Ratio	2.05/1,000 SF
Clear Ceiling Height	10 FT
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Air Conditioning

Lighting
Water

Space Availability

1st Floor
3,900 SF
Industrial
Full Build-Out
Now

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2324 SW 56th Ter, Hollywood, FL for sale Building Photo- Image 1 of 6 — Building Photo

2324 SW 56th Ter, Hollywood, FL for sale Interior Photo- Image 2 of 6 — Interior Photo

2324 SW 56th Ter, Hollywood, FL for sale Interior Photo- Image 3 of 6 — Interior Photo

2324 SW 56th Ter, Hollywood, FL for sale Interior Photo- Image 4 of 6 — Interior Photo

2324 SW 56th Ter, Hollywood, FL for sale Interior Photo- Image 5 of 6 — Interior Photo

2324 SW 56th Ter, Hollywood, FL for sale Interior Photo- Image 6 of 6 — Interior Photo

Renovated freshly painted Light manufacturing Warehouse space for Lease. 12 ft height ceiling, TWO garage door in the front, and approximately 10 parking spaces on the front . 3-phase electricity. 2 Electrical panels, Building passed 40 year inspection. The office has Central Air Conditioning and TWO bathrooms. The tenant pays rent $6700.00 plus all utilities and additional SALES TAX 7% Desirable M2 heavy manufacturing zoning which allows for most industrial uses including automotive.. Please see attached Zoning Description

Space	Size	Space Use	Condition	Available
1st Floor	3,900 SF	Industrial	Full Build-Out	Now

Size

3,900 SF

Space Use

Industrial

Condition

Full Build-Out

Available

Now

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PROPERTY TAXES

Parcel Number	51-41-24-02-0441	Improvements Assessment	$601,830
Land Assessment	$161,730	Total Assessment	$763,560

PROPERTY TAXES

Parcel Number

51-41-24-02-0441

Land Assessment

$161,730

Improvements Assessment

$601,830

Total Assessment

$763,560

zoning

Zoning Code	M-2 (M-2 Allows most industrial uses. Including auto body repair/mechanic shop. See attached zoning info)
M-2 (M-2 Allows most industrial uses. Including auto body repair/mechanic shop. See attached zoning info)