1640 70Th WayHollywood, FL 33024

  • Office properties
  • 1,746 SF
For Lease

Property Details for 1640 70Th Way

Year built
1959
Construction
CONCRETE
Lot size
0.18 AC
Property size (Sq ft)
1,746 SF
Zone code
O-1
Property type
Office properties
Property subtype
Office buildings
APN
51-41-11-17-3500
APU
514111173500

Description

This exceptional single-tenant office space at 1640 N 70th Way in Hollywood, Florida, presents a unique leasing opportunity. Located in a highly desirable O-1 zoned area, this property boasts a convenient and private setting. The building features a single suite, offering complete autonomy and privacy for its occupant. The address is 1640 N 70th Way, Hollywood, FL 33024, with the APN listed as 514111173500. While the square footage is currently unlisted, the property offers a separate entrance and a private bathroom, enhancing both convenience and privacy. The location is described as ideal, offering significant advantages for businesses seeking a professional and easily accessible workspace. This property is perfect for a small business or individual professional seeking a dedicated and private office environment. The property type is classified as Office, and the tenancy is Single. This presents a rare opportunity to secure a well-situated and private office space in a thriving area of Hollywood, Florida. Further details regarding square footage are available upon request. The property is zoned O-1, indicating its suitability for office use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $624,665
    6.5%
    $576,614
    7%
    $535,427
  • Comparable approach

    Method
    Valuation
    Relative Method
    $748,824
    Geo Method
    $748,824
  • Alternative Use

    Use
    Valuation
    Residential
    $715,001
    Hospitality
    $654,937
    Educational
    $544,900
    Medical
    $563,640
    Retail
    $847,622
1640 70Th Way, Hollywood, Florida

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0241
Longitude
-80.2302
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,480
$77,510
$328,920
$406,430
-
$77,510
$328,920
$406,430

FAQs

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