4614 Hollywood BlvdHollywood, FL 33021

Property Details for 4614 Hollywood Blvd

Year built

1957

Construction

CONCRETE

Lot size

0.10 AC

Property size (Sq ft)

2,030 SF

Zone code

C-2

Property type

Medical offices

Property subtype

Medical centers

APN

51-42-07-06-1190

APU

514207061190

Description

This exceptional 2,030 square foot retail/office building is situated on a 0.1-acre lot (4,500 square feet) at 4614 Hollywood Boulevard in Hollywood, Florida. Its A+ location on Hollywood Boulevard guarantees excellent visibility and high foot traffic, with over 38,000 cars passing daily. The property's versatile layout is ideally suited for a variety of businesses. Currently configured with four exam rooms, each equipped with sinks, the space also includes private offices, a reception area with a spacious waiting room, and ample room for additional customization. This makes it perfect for medical practices, real estate agencies, insurance firms, or law offices. The building's design ensures a professional and welcoming atmosphere for clients and staff. The high visibility and convenient location offer an unparalleled opportunity to establish a thriving business in a highly sought-after area of Hollywood. This is a rare chance to acquire a well-positioned property in a bustling commercial corridor, offering significant potential for growth and return on investment. The asking price is $1,300,000.

• CAP approach

  CAP return

  Valuation

  6%

  $726,271

  6.5%

  $670,404

  7%

  $622,518

• Comparable approach

  Method

  Valuation

  Relative Method

  $870,626

  Geo Method

  $870,626

• Alternative Use

  Use

  Valuation

  Residential

  $831,301

  Hospitality

  $761,467

  Educational

  $633,532

  Medical

  $655,320

  Retail

  $985,494

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0101

Longitude

-80.19

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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