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Commercial - for Sale

1922 TYLER ST, HOLLYWOOD, FL 33020

Asking Price$1,200,000

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  • Lot size 3031sqft
  • Taxes $7,093
  • Year Built 1955
  • Days on market:

    91 day(s)
  • Original Price:

    $1,200,000
  • Tax Legal Description:

    HOLLYWOOD 1-21 B LOT 36 BLK 24
  • Property Type:

    Commercial
  • Special Listing Conditions:

    Sale

Description

$1,200,000

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 strong 7.36% capitalization rate at full asking price. 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. join over 5,000 new permanent residents projected to move into to downtown hollywood over the next few years.

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