7037 Taft StHollywood, FL 33024

Property Details for 7037 Taft St

Year built

1974

Construction

CONCRETE

Lot size

0.37 AC

Property size (Sq ft)

2,420 SF

Zone code

C-3

Property type

Retail properties

Property subtype

Gas stations

APN

51-41-11-00-0081

APU

514111000081

Description

This exceptional investment opportunity presents a branded Marathon gas station and convenience store situated on a busy corner in Hollywood, Florida, at 7037 Taft Street, zip code 33024. The property, built in 1974, offers a substantial income stream with a monthly gas volume ranging from 30,000 to 50,000 gallons, supported by two dispensers and four pumps. The convenience store consistently generates impressive inside sales, ranging from $35,000 to $60,000 per month. The store boasts a diverse range of offerings, including beer, lottery tickets, an ATM, U-Haul rentals, and Krispy Crunchy Chicken, enhancing its appeal to a broad customer base. The asking price for the business is $2,445,000. While the lot size is not specified, the seller may also be willing to sell the building and land (approximately 0.373 acres or 16,248 square feet) for $2,495,000. This presents a rare chance to acquire a well-established, profitable business with significant upside potential in a high-traffic area. A virtual tour is available for a comprehensive view of the property. This is a turnkey operation ready for a new owner to step in and continue its success.

• CAP approach

  CAP return

  Valuation

  6%

  $1,272,728

  6.5%

  $1,174,825

  7%

  $1,090,909

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,615,482

  Geo Method

  $2,615,482

• Alternative Use

  Use

  Valuation

  Residential

  $991,009

  Hospitality

  $907,759

  Educational

  $755,245

  Medical

  $781,219

  Retail

  $1,174,825

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0246

Longitude

-80.2288

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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