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5958 Johnson St

Hollywood, FL 33021
  • $1,200,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: A11271809
UPDATED: 132 min ago
$1,200,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Description

Strategically located on a busy intersection of 441 and Johnson St in Hollywood Fl. Close proximity to the Florida Turnpike and I95. The subject property consists of 3 retail units totaling 1,964 SF. The property is currently 100% occupied with 3 legacy tenants. Property is currently grossing $81,000 per year, netting $68,165.17 a year. An investor can bring the tenant to market rate after closing. This will raise net annual income to $91,400 which will provide an investor with a strong 7.62% capitalization rate at full asking price.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-29T23:50:37.923.
www.thepaizgroup.com/homes/133019225
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5958 Johnson St Hollywood, FL 33021

  • Price: $1,200,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 132 min ago
  • MLS #: A11271809
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1955
Built
County:
Broward
Property Description
Strategically located on a busy intersection of 441 and Johnson St in Hollywood Fl. Close proximity to the Florida Turnpike and I95. The subject property consists of 3 retail units totaling 1,964 SF. The property is currently 100% occupied with 3 legacy tenants. Property is currently grossing $81,000 per year, netting $68,165.17 a year. An investor can bring the tenant to market rate after closing. This will raise net annual income to $91,400 which will provide an investor with a strong 7.62% capitalization rate at full asking price.
Exterior Features

Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 1964

Property Features

Association YN No Business Type Retail SpaceShopping Center Horse YN No New Construction YN No Public Survey Section 13 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 7235

Listing courtesy of Re/Max 5 Star Realty: 954-361-0000.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-29T23:50:37.923.
 
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The Paiz Group | EWM Realty International
1700 East Las Olas Boulevard Suite 103
Fort Lauderdale FL, 33301