1708 Dixie HwyHollywood, FL 33020

  • Retail properties
  • 1,176 SF
For Sale
$2,900,000 View listing

Property Details for 1708 Dixie Hwy

Year built
1967
Construction
CONCRETE
Lot size
0.49 AC
Property size (Sq ft)
1,176 SF
Zone code
DH-3
Property type
Retail properties
Property subtype
Auto shops
APN
51-42-09-05-0660
APU
514209050660

Description

This exceptional 1,176 square foot warehouse, located at 1708 N Dixie Hwy in Hollywood, Florida (zip code 33020), presents a unique investment opportunity. Situated on a prominent corner lot at the intersection of N. Dixie Highway and Taft Street, this property boasts approximately half an acre (21,261 square feet) of land, providing significant frontage on both streets—approximately 142 feet on N. Dixie Hwy and 150 feet on Taft Street. The property is zoned DH-3 and is suitable for various commercial and residential uses. The warehouse itself is a single-tenant building with one suite. Security features include an 8-foot high concrete wall along the north and west sides, with chain-link fencing and gates completing the perimeter. A separate enclosed back lot area provides additional security and separation from general parking. Recent renovations include impact windows and doors, an upgraded drainage system, and improved parking and paving. A long-term ground lease is available for this strategically located property. The APN is 514209050660.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $618,482
    6.5%
    $570,907
    7%
    $530,128
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,270,994
    Geo Method
    $1,270,994
  • Alternative Use

    Use
    Valuation
    Residential
    $481,581
    Hospitality
    $441,126
    Educational
    $367,012
    Medical
    $379,634
    Retail
    $570,907
1708 Dixie Hwy, Hollywood, Florida

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0264
Longitude
-80.1501
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
$7,325
$233,870
$74,180
$308,050
-
$233,870
$74,180
$308,050

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