5937 Taft StHollywood, FL 33021

  • Office properties
  • 1,337 SF
For Lease

Property Details for 5937 Taft St

Year built
1959
Construction
CONCRETE
Lot size
0.21 AC
Property size (Sq ft)
1,337 SF
Zone code
C-MU
Property type
Office properties
Property subtype
Office buildings
APN
51-41-12-18-0010
APU
514112180010

Description

This exceptional flex space property, located at 5937 Taft Street in the heart of Hollywood, presents a unique opportunity for businesses seeking versatile and conveniently located industrial space. The property is zoned RM-12 and features a single-tenant occupancy within a building containing only one suite. While the lot size is not specified, the building offers a range of unit sizes, accommodating businesses requiring anywhere from 350 to 4600 square feet of space. Each unit is equipped with its own bathroom, a significant advantage for many businesses. Ample parking is available on-site in a large parking lot. The property's central Hollywood location provides easy access to SR7 and Taft Street, ensuring excellent connectivity for employees and clients. This is an ideal solution for businesses needing a blend of office and light industrial space in a prime location. The property's single-tenant occupancy offers privacy and control, while the flexible space options allow for customization to meet specific business needs. The convenient location and ample parking make this property a highly desirable option for a variety of businesses. The property's APN is 514112180010. This is a rare opportunity to secure a well-located, versatile industrial space in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $478,337
    6.5%
    $441,542
    7%
    $410,003
  • Comparable approach

    Method
    Valuation
    Relative Method
    $573,413
    Geo Method
    $573,413
  • Alternative Use

    Use
    Valuation
    Residential
    $547,512
    Hospitality
    $501,518
    Educational
    $417,257
    Medical
    $431,607
    Retail
    $649,067
5937 Taft St, Hollywood, Florida

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0253
Longitude
-80.2075
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$124
$64,390
$229,730
$294,120
-
$64,390
$229,730
$294,120

FAQs

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