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1922 Tyler St

Hollywood, Florida, 33020, United States

Property ID: #661829 // commercial
1922 Tyler St
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Traditional Sale
List Price:
$1,299,000.00
Icon - ft²
Icon 0.07 acres
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Icon - baths
Address:
1922 Tyler St
City:
Hollywood
State:
Florida
Zip Code:
33020
County:
Broward County
Country:
United States
Property Type:
Commercial
Additional Property Types:
Office
Year Built:
1955
Lot Size:
0.07 acres
Data Source:
Miami MLS
MLS/Reference Number(s):
A11396817
Source Status:
Active
Source Property Type:
Commercial, Office

Property Provided By

  • John DeMarco
  • RE/MAX 5 Star Realty
  • +1 (954) 453-1000
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Property Information

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 6.8% capitalization rate at full asking price. The zoning allows the building to be expanded to 2 stories / 6,000+ SF with no parking variance needed. Also, residential is permitted above the ground floor. 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.

Source Disclaimer

Miami MLS

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Courtesy of RE/MAX 5 Star Realty.
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This content last updated on 2024-01-18 21:58:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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