5980 Funston StHollywood, FL 33023

Property Details for 5980 Funston St

Year built

1994

Construction

CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

2,616 SF

Zone code

IM-2

Property type

Retail properties

Property subtype

Auto shops

APN

51-41-24-15-0840

APU

514124150840

Description

Exceptional opportunity to acquire an established pre-owned vehicle dealership in Hollywood, Florida. Located on bustling Commercial 441, this business benefits from high visibility and proximity to the new Hard Rock Hotel. The asking price is $70,000, and the sale includes all necessary licenses for operating a pre-owned car dealership. Significant financial assets are also included in the sale, such as approved credit lines of up to $300,000. The sale package further encompasses valuable equipment and furnishings, including an air compressor, various tools, complete office furniture, computers, and a comprehensive surveillance camera system. Please note that this sale pertains solely to the business and its assets; the land and building are not included. The property's address is 5980 Funston Street, Hollywood, FL 33023, situated in Broward County. The business recently vacated the premises and is now available for immediate acquisition by a qualified buyer. This presents a unique chance to establish a thriving enterprise in a high-traffic area with significant growth potential. The location's strategic position near the Hard Rock Hotel ensures consistent customer traffic and brand recognition. This turnkey operation offers a streamlined entry into the automotive industry, minimizing the time and resources required for setup and launch.

• CAP approach

  CAP return

  Valuation

  6%

  $1,106,795

  6.5%

  $1,021,657

  7%

  $948,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,827,314

  Geo Method

  $2,827,314

• Alternative Use

  Use

  Valuation

  Residential

  $861,806

  Hospitality

  $789,410

  Educational

  $656,780

  Medical

  $679,367

  Retail

  $1,021,657

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0002

Longitude

-80.2062

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].