2132 Hollywood BlvdHollywood, FL 33020

Property Details for 2132 Hollywood Blvd

Year built

1959

Construction

CONCRETE

Lot size

0.05 AC

Property size (Sq ft)

1,681 SF

Zone code

DH-3

Property type

Office buildings

APN

51-42-16-01-0570

APU

514216010570

Description

This 1,681 square foot storefront, located at 2132 Hollywood Boulevard in Hollywood, Florida (33020), is offered for sale at $1,175,000 ($698.99/sq ft). The property, built in 1960 and renovated in 2021, is a single-story building situated on a highly desirable section of Hollywood Boulevard. The building is zoned DH-3 and features ample natural light, open areas perfect for retail display, a kitchenette, two restrooms, and a dedicated storage/workroom. Previously used as an art gallery, this vacant space presents an exceptional opportunity for an owner-user. Hollywood Boulevard has undergone recent improvements, including new on-street parking, wider tree-lined sidewalks, and is experiencing significant growth with the construction of numerous multifamily residential buildings. The property enjoys a convenient location, just one block west of Dixie Highway, providing easy access to I-95 and US1. The property is owned by a corporation and the APN is 514216010570. This is an ideal location for a business owner seeking a vibrant and accessible retail space in a rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $601,410

  6.5%

  $555,147

  7%

  $515,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $720,947

  Geo Method

  $720,947

• Alternative Use

  Use

  Valuation

  Residential

  $688,383

  Hospitality

  $630,555

  Educational

  $524,614

  Medical

  $542,657

  Retail

  $816,067

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0111

Longitude

-80.1506

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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