For Sale
$6,500,000

2055 Liberty StHollywood, FL 33020

19,448 SF Office Building, Vacant, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 19,448-square-foot freestanding office building is situated on a sizable 0.73-acre lot (32,217 sq ft) in desirable East Hollywood, Florida. Located directly on Dixie Highway, this two-story Class C building, constructed in 1973, offers significant potential for investors and owner-users alike. Currently vacant, the property boasts a projected 6.79% capitalization rate and a pro-forma net operating income (NOI) of $441,664, making it an attractive investment opportunity. The asking price is $6,500,000, translating to $334.22 per square foot. The property features 25 parking spaces and benefits from liberal DH-3 zoning, permitting a wide range of uses and encouraging new development with generous height restrictions. A unique aspect of this property is its pre-approved status as a gun range, presenting a distinct advantage in the market. This prime location and flexible zoning make it ideal for redevelopment, repositioning, or owner-occupancy. The building's size and location offer excellent visibility and accessibility, making it a compelling option for businesses seeking a prominent presence in East Hollywood. Serious inquiries are encouraged.

Highlights

  • Freestanding office/flex building.
  • Excellent Hollywood, FL location.
  • Projected 6.8% capitalization rate.
  • Approved for gun range use.
  • Ideal for owner-occupancy or investment.

Property Details for 2055 Liberty St

Property type
Office properties
Square Feet
19,448 SF
Class
C
Year Built
1973
Buildings
1
Stories
2

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0310251
Longitude
-80.1490076
2055 Liberty St, Hollywood, Florida

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2055 Liberty St
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