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.
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.
Property Details
Price:
$1,299,000
MLS #:
A11396817
Status:
Active
Beds:
0
Baths:
0
Address:
1922 Tyler St
Type:
Commercial
Subtype:
Office
City:
Hollywood
Listed Date:
Jun 1, 2023
State:
FL
Finished Sq Ft:
1,517
ZIP:
33020
Year Built:
1955
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Financial
Buyer Agent Compensation
2.0%%
Taxes
$7,093
Map
Community
- Address1922 Tyler St Hollywood FL
- CityHollywood
- CountyBroward County
- Zip Code33020
Similar Listings Nearby
- 2450 Blvd Hollywood
Hollywood, FL$1,680,000
0.67 miles away
- 2820 NE 214th St # 3
Aventura, FL$1,653,300
2.71 miles away
- 425 S 21st Ave
Hollywood, FL$1,600,000
0.34 miles away
- 206 S 15th Ave # 6
Hollywood, FL$1,599,000
0.56 miles away
- 2820 NE 214th St # 4
Aventura, FL$1,593,900
2.71 miles away
- 66 N Federal Hwy
Dania Beach, FL$1,500,000
2.89 miles away
Courtesy of RE/MAX 5 Star Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
1922 Tyler St
Hollywood, FL
LIGHTBOX-IMAGES