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

Overview

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.

Listing Details MLS# A1553050

General Property Information

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

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

Contract Information

Comp Sale YN
No
Original List Price
10000000

Location and Legal

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

Financial Information

Tax Year
2010
Tax Assessed/SOH Value
6477520
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

Status Change Information

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
Buyer Financing
Conventional

More Information

Building and Property Details

Door Height
8-10'

Income and Expenses

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

Buyer Details

Intended Use
Primary Residence
Zip Code
33129

Concessions

Seller Concessions
No

Section Details

Parcel Number MLX
2130

Originating Details

Originating System Key
27317044
Originating System ID
M00000151
IDX
Listing Office: The Keyes Company
Last Updated: April - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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