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2215 N Federal Hwy
Hollywood, FL 33020
Retail Property For Sale
EXECUTIVE SUMMARY
Prime income-producing commercial property located in Hollywood, Florida. The ±19,011 SF lot features three buildings totaling ±9,747 SF and offers a compelling combination of in-place income, value-add upside, and owner-user flexibility.
The property currently generates an NOI of approximately $164,000, with projected NOI increasing to $306,000 upon lease-up of the vacant space at pro-forma market rents. The existing tenant mix includes a lounge and a bar, along with a third ±4,000 SF vacant unit offering immediate owner-user occupancy or lease-up potential.
Situated along a high-traffic commercial corridor, the property benefits from excellent visibility, strong exposure, and convenient access. Flexible FH-2 zoning enables a wide range of uses, including retail, restaurants, offices, nightlife, and mixed-use, supporting long-term investment stability and strong underlying land values.
The property currently generates an NOI of approximately $164,000, with projected NOI increasing to $306,000 upon lease-up of the vacant space at pro-forma market rents. The existing tenant mix includes a lounge and a bar, along with a third ±4,000 SF vacant unit offering immediate owner-user occupancy or lease-up potential.
Situated along a high-traffic commercial corridor, the property benefits from excellent visibility, strong exposure, and convenient access. Flexible FH-2 zoning enables a wide range of uses, including retail, restaurants, offices, nightlife, and mixed-use, supporting long-term investment stability and strong underlying land values.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
9,747 SF
Building Class
C
Year Built/Renovated
1952/2018
Price
$7,475,655 CAD
Price Per SF
$766.97 CAD
Percent Leased
59%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Lot Size
0.30 AC
Zoning
FH-2 - https://codehub.gridics.com/us/fl/hollywood#/2bc753b0-c817-44be-b214-5dd108307f09/b1f5c6a9-60b0-4f51-8f29-1cd7c80ba939/301b47da-8eb1-4c47-a690-27e9a89
Parking
13 Spaces (1.33 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 51-42-10-21-0370 | Improvements Assessment | $498,681 CAD |
| Land Assessment | $499,673 CAD | Total Assessment | $998,353 CAD |
PROPERTY TAXES
Parcel Number
51-42-10-21-0370
Land Assessment
$499,673 CAD
Improvements Assessment
$498,681 CAD
Total Assessment
$998,353 CAD
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