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Rental income - Office or Residential 7151 Taft St 1,179 SF Office Building Hollywood, FL 33024 $728,080 CAD ($617.54 CAD/SF) 11% Cap Rate
Investment Highlights
- Rental income - Office or Residential
Executive Summary
This Office or Residential 2BR/1BA home plus den offers both comfortable living and excellent income potential, with an estimated rental projection of up to $62,400 per year. Renovated with over $100,000 in improvements, including a newer roof (2021), Newer A/C compressor, and septic system serviced within the past year. Situated on a 6,764 SF lot and elevated approximately 3 feet above street level. Features include a Florida room, utility room, porch, asphalt driveway, patio areas, and ample parking. Spacious backyard ideal for entertaining or relaxing.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$57,915
|
$49.12
|
| Other Income |
$57,915
|
$49.12
|
| Vacancy Loss |
$16,547
|
$14.04
|
| Effective Gross Income |
$99,284
|
$84.21
|
| Taxes |
$4,104
|
$3.48
|
| Operating Expenses |
$8,605
|
$7.30
|
| Total Expenses |
$12,708
|
$10.78
|
| Net Operating Income |
$86,575
|
$73.43
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $57,915 |
| Annual Per SF | $49.12 |
| Other Income (CAD) | |
|---|---|
| Annual | $57,915 |
| Annual Per SF | $49.12 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $16,547 |
| Annual Per SF | $14.04 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,284 |
| Annual Per SF | $84.21 |
| Taxes (CAD) | |
|---|---|
| Annual | $4,104 |
| Annual Per SF | $3.48 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $8,605 |
| Annual Per SF | $7.30 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $12,708 |
| Annual Per SF | $10.78 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $86,575 |
| Annual Per SF | $73.43 |
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,179 SF
Building Class
B
Year Built
1960
Price
$728,080 CAD
Price Per SF
$617.54 CAD
Cap Rate
11%
NOI
$80,089 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,179 SF
Building FAR
0.17
Lot Size
0.16 AC
Zoning
0-1 - Zoning for light Intensity Office, SPECIAL EXCEPTION FOR Day Care facilities and Personal Service Uses
Parking
3 Spaces (2.54 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 51-41-11-24-0660 | Total Assessment | $553,162 CAD (2026) |
| Land Assessment | $83,950 CAD (2026) | Annual Taxes | $4,104 CAD ($3.48 CAD/SF) |
| Improvements Assessment | $469,212 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
51-41-11-24-0660
Land Assessment
$83,950 CAD (2026)
Improvements Assessment
$469,212 CAD (2026)
Total Assessment
$553,162 CAD (2026)
Annual Taxes
$4,104 CAD ($3.48 CAD/SF)
Tax Year
2025
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Rental income - Office or Residential | 7151 Taft St
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