6740 Taft StHollywood, FL 33024

Property Details for 6740 Taft St

Year built

1974

Construction

CONCRETE

Lot size

0.16 AC

Property size (Sq ft)

1,615 SF

Zone code

O-1

Property type

Office properties

Property subtype

Office buildings

APN

51-41-11-19-0130

APU

514111190130

Description

This 1,615-square-foot single-tenant office building in Hollywood, Broward County, Florida, presents a unique leasing opportunity. Built in 1974 and recently remodeled, this one-story structure boasts a variety of features ideal for a professional office. The interior includes central air and heat, impact windows, updated flooring (grey laminate and tile), fresh paint, knockdown walls, new doors, ceiling fans, and a well-equipped kitchen with cabinets, refrigerator, microwave, and sink. Separate offices, workstations, and an open floor plan offer flexibility for various business needs. Additional amenities include a large air-conditioned storage room, a remodeled handicapped-accessible bathroom, an IT room with storage, new interior lighting, and ample parking with marked spaces in front and rear. Exterior features include a fenced side and rear yard, a shingle roof, a covered front entry, window treatments, an exterior storage unit, and a highly visible pylon sign. The property benefits from a prime location directly across from the Hollywood Festival Shopping Center, offering excellent visibility and proximity to numerous retail establishments including Fresco y Mas, CVS, and many others. The surrounding area also includes major retailers such as Publix and Walgreens within a short distance, ensuring high traffic and convenient access for clients and employees. Excellent ingress and egress further enhance the property's appeal.

• CAP approach

  CAP return

  Valuation

  6%

  $577,797

  6.5%

  $533,351

  7%

  $495,255

• Comparable approach

  Method

  Valuation

  Relative Method

  $692,641

  Geo Method

  $692,641

• Alternative Use

  Use

  Valuation

  Residential

  $661,355

  Hospitality

  $605,798

  Educational

  $504,017

  Medical

  $521,351

  Retail

  $784,026

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0243

Longitude

-80.2229

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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