$8,750,000
MLS# A1553050
Status: Closed
40857 sqft
1 / 16
Property Description
Stabilized 100% occupied,mostly credit shopping center anchored by Walgreens, Bank United,Car Financial-Wells Fargo, Cyber Cuts,Firehouse Subs,restaurants & other service providers.Actual 7% cap currently on full asking price with tremendous upside potent ial. Located in Prime Hollywood Hills Fl. Situate on 553 Linear Ft facing 6 lane east/west high traffic Hollywood Blvd.Surrounding properties are The famous award winning Presidential Plaza office building,& across from Broward County Southern Courthouse.
Details
Contract Information
Comp Sale YN: No
Listing Date: 2011-09-22
Status: Closed
Original List Price: 10000000
Sold Price: $8,750,000
Current Price: $8,750,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
Postal Code: 33021
Geographic Area: HWCE - Hollywood Central (3070-3100)
Subdivision Number: 2
Property Description: SHOPPING CENTER
State Or Province: FL
Zoning: B2
Directions: LESS THAN TWO MILES WEST OF I-95 EXIT (HOLLYWOOD BLVD.) LESS THAN 3 MILES EAST OF FL. TURNPIKE (HOLLYWOOD BLVD)
General Property Information
Number Of Buildings: 2
Number Of Units Total: 7
Occupant Type: Tenant
Year Built Details: YearBuiltDescription Resale
Lot Size Area: 154202.4
Property Sub Type: Office
Building Area Main: 40857
Year Built: 1992
Lot Size Acres: 3.54
Currently Not Used
Ownership Type: Corporation
Financial Information
Tax Assessed/SOH Value: 6477520
Tax Year: 2010
Tax Legal Description: HOLLYWOOD HILLS 6-22 B LOTS 1 THRU 10 & S 7.5 OF VAC ALLEYABUTTING SAME BLK 56 & LOT 19,LOT 20,21,22 LESS PT FOR ALLEYDESC IN OR 2
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2013-01-01T00:07:31Z
Major Change Type: Status Change
Status Change Date: 2013-01-02
Under Contract Date: 2012-07-26
Close Date: 2012-12-31
Close Price: 8750000
Electric
110 Volts: 1
Flooring
Tile: 1
Other: 1
Parking Features
Common: 1
Property Condition
Resale: 1
Documents Available
Other Available Information: 1
Tenant Pays
Common Area Maintenance: 1
Electricity: 1
Exterior Electric: 1
Interior Electric: 1
Maintenance: 1
Water: 1
Location of Property
City Location: 1
Corner Unit: 1
Sewer
Public Sewer: 1
Building and Property Details
Door Height: 8-10'
Heating
Central Individual: 1
Sale Includes
Building: 1
Land: 1
Leases: 1
Construction Materials
CBS: 1
Listing Terms
Assumable: 1
Cash: 1
Road Frontage Type
City Street: 1
County Road: 1
Roof
Concrete: 1
Security Features
Fire Alarm: 1
Security Lights: 1
Other: 1
Water Source
Public: 1
Income and Expenses
Inc/Exp Statement Period: 2011
Real Estate Taxes: 172558
Occupancy Percentage: 99.9
Gross Scheduled Income: 1000000
Net Operating Income: 700000
Other Expense: 300000
Cooling
Central Individual: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Rail Description
No Rail Service: 1
Traffic Type
Auto: 1
Heavy: 1
Buyer Details
Intended Use: Primary Residence
Zip Code: 33129
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 2130
Acreage Description
3 To Less Than 4 Acre Lot: 1
Originating Details
Originating System Key: 27317044
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information
Electric: 110 Volts
Flooring: Tile; Other
Heating: Central Individual
Location of Property: City Location; Corner Unit
Parking Features: Common
Property Condition: Resale
Sale Includes: Building; Land; Leases
Tenant Pays: Common Area Maintenance; Electricity; Exterior Electric; Interior Electric; Maintenance; Water
Construction Materials: CBS
Cooling: Central Individual
Listing Terms: Assumable; Cash
Rail Description: No Rail Service
Road Frontage Type: City Street; County Road
Traffic Type: Auto; Heavy
Roof: Concrete
Security Features: Fire Alarm; Security Lights; Other
Sewer: Public Sewer
Water Source: Public
Showing Requirements: 24 Hour Notice; Call Listing Agent
Acreage Description: 3 To Less Than 4 Acre Lot
Listing Office: The Keyes Company
Last Updated: April - 09 - 2026
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