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FL 33021

$8,750,000

Property Type: Commercial Sale Square Footage: 40,857 Status: Closed

Current Price: $8,750,000 List Date: 9/22/2011 Last Modified: 4/09/2026

Description

Stabilized 100% occupied,mostly credit shopping center anchored by Walgreens, Bank United,Car Financial-Wells Fargo, Cyber Cuts,Firehouse Subs,restaurants & other service providers.Actual 7% cap currently on full asking price with tremendous upside potent ial. Located in Prime Hollywood Hills Fl. Situate on 553 Linear Ft facing 6 lane east/west high traffic Hollywood Blvd.Surrounding properties are The famous award winning Presidential Plaza office building,& across from Broward County Southern Courthouse.

More Information MLS# A1553050

Contract Information

Comp Sale YN: No Listing Date: 2011-09-22 Status: Closed Original List Price: 10000000 Sold Price: $8,750,000 Current Price: $8,750,000

Location and Legal

County Or Parish: Broward County Parish Name: Broward Postal Code: 33021 Geographic Area: HWCE - Hollywood Central (3070-3100) Subdivision Number: 2 Property Description: SHOPPING CENTER State Or Province: FL Zoning: B2 Directions: LESS THAN TWO MILES WEST OF I-95 EXIT (HOLLYWOOD BLVD.) LESS THAN 3 MILES EAST OF FL. TURNPIKE (HOLLYWOOD BLVD)

General Property Information

Number Of Buildings: 2 Number Of Units Total: 7 Occupant Type: Tenant Year Built Details: YearBuiltDescription Resale Lot Size Area: 154202.4 Property Sub Type: Office Building Area Main: 40857 Year Built: 1992 Lot Size Acres: 3.54

Currently Not Used

Ownership Type: Corporation

Financial Information

Tax Assessed/SOH Value: 6477520 Tax Year: 2010 Tax Legal Description: HOLLYWOOD HILLS 6-22 B LOTS 1 THRU 10 & S 7.5 OF VAC ALLEYABUTTING SAME BLK 56 & LOT 19,LOT 20,21,22 LESS PT FOR ALLEYDESC IN OR 2

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Conventional Major Change Timestamp: 2013-01-01T00:07:31Z Major Change Type: Status Change Status Change Date: 2013-01-02 Under Contract Date: 2012-07-26 Close Date: 2012-12-31 Close Price: 8750000

Electric

110 Volts: 1

Flooring

Tile: 1 Other: 1

Parking Features

Common: 1

Property Condition

Resale: 1

Documents Available

Other Available Information: 1

Tenant Pays

Common Area Maintenance: 1 Electricity: 1 Exterior Electric: 1 Interior Electric: 1 Maintenance: 1 Water: 1

Location of Property

City Location: 1 Corner Unit: 1

Sewer

Public Sewer: 1

Building and Property Details

Door Height: 8-10'

Heating

Central Individual: 1

Sale Includes

Building: 1 Land: 1 Leases: 1

Construction Materials

CBS: 1

Listing Terms

Assumable: 1 Cash: 1

Road Frontage Type

City Street: 1 County Road: 1

Roof

Concrete: 1

Security Features

Fire Alarm: 1 Security Lights: 1 Other: 1

Water Source

Public: 1

Income and Expenses

Inc/Exp Statement Period: 2011 Real Estate Taxes: 172558 Occupancy Percentage: 99.9 Gross Scheduled Income: 1000000 Net Operating Income: 700000 Other Expense: 300000

Cooling

Central Individual: 1

Showing Requirements

24 Hour Notice: 1 Call Listing Agent: 1

Rail Description

No Rail Service: 1

Traffic Type

Auto: 1 Heavy: 1

Buyer Details

Intended Use: Primary Residence Zip Code: 33129

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 2130

Acreage Description

3 To Less Than 4 Acre Lot: 1

Originating Details

Originating System Key: 27317044 Originating System ID: M00000151

Property Features

Documents Available: Other Available Information Electric: 110 Volts Flooring: Tile; Other Heating: Central Individual Location of Property: City Location; Corner Unit Parking Features: Common Property Condition: Resale Sale Includes: Building; Land; Leases Tenant Pays: Common Area Maintenance; Electricity; Exterior Electric; Interior Electric; Maintenance; Water Construction Materials: CBS Cooling: Central Individual Listing Terms: Assumable; Cash Rail Description: No Rail Service Road Frontage Type: City Street; County Road Traffic Type: Auto; Heavy Roof: Concrete Security Features: Fire Alarm; Security Lights; Other Sewer: Public Sewer Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent Acreage Description: 3 To Less Than 4 Acre Lot

Listing Office: The Keyes Company

Last Updated: April - 09 - 2026

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