6670 Taft StHollywood, FL 33024

Property Details for 6670 Taft St

Year built

1964

Construction

CONCRETE

Lot size

0.16 AC

Property size (Sq ft)

2,234 SF

Zone code

O-1

Property type

Medical offices

Property subtype

Medical centers

APN

51-41-11-19-0180

APU

514111190180

Description

This single-tenant office building, located at 6670 Taft St in Hollywood, Florida (33024), offers 6,600 square feet of versatile space. The property is zoned O-1 and features a newly remodeled interior, including new flooring and two updated bathrooms. Ten rooms have been recently painted and renovated. Ample parking is available on-site. The building's diverse suite of potential uses includes medical office, executive office, creative office, coworking space, and traditional office settings. Its prime location offers exceptional visibility and accessibility. Situated near a major insurance brokerage (Univista), Wells Fargo, and a bustling shopping center (including Publix, CVS, and Fresco supermarket), the property benefits from high foot traffic and convenient amenities. The area also boasts a medical center, college, and numerous restaurants. Furthermore, the property enjoys excellent proximity to major transportation arteries, including I-95 and the Turnpike, as well as the Hard Rock Hotel (10 minutes), Fort Lauderdale International Airport (15 minutes), and the beach (20 minutes). The APN is 514111190180, and the Broward County location provides access to a thriving business community. This is a remarkable opportunity for a business seeking a well-appointed and strategically located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $799,256

  6.5%

  $737,775

  7%

  $685,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $958,118

  Geo Method

  $958,118

• Alternative Use

  Use

  Valuation

  Residential

  $914,841

  Hospitality

  $837,989

  Educational

  $697,197

  Medical

  $721,175

  Retail

  $1,084,529

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0243

Longitude

-80.2219

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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