7091 Taft St, Hollywood, FL 33024 | MLS A10617436 | Listing Information | BHHS Florida Realty

7091 Taft St,  Hollywood FL, 33024

Status: NEW LISTING
MLS#: A10617436
1of
Full Screen Photos
Photos
Map
Last Updated: 2/17/2019 6:07 AM
Description for 7091 Taft St Hollywood, FL 33024
Great income producing property in desirable Hollywood, Florida. Property sits on 6,764 sf lot with 1,729 leasable square feet. The building is in good general condition and does not have any deferred maintenance. Property is currently leased to 6 residential tenants and is generating $49,080 per year gross income, netting $34,754. This net operating income provides an investor with a strong 9.93% actual capitalization rate at full asking price. Property is zoned O-1 which is very liberal commercial zoning that allows most office and retail uses. Perfect space for a law firm, an insurance office or a medical office. Seller financing is available with 40.0% down payment at 6.0% annual interest, subject to buyer's qualifications. Please do not disturb any of the existing tenants.
Price
$350,000
Broward County
A10617436
NEW LISTING
Description
Great income producing property in desirable Hollywood, Florida. Property sits on 6,764 sf lot with 1,729 leasable square feet. The building is in good general condition and does not have any deferred maintenance. Property is currently leased to 6 residential tenants and is generating $49,080 per year gross income, netting $34,754. This net operating income provides an investor with a strong 9.93% actual capitalization rate at full asking price. Property is zoned O-1 which is very liberal commercial zoning that allows most office and retail uses. Perfect space for a law firm, an insurance office or a medical office. Seller financing is available with 40.0% down payment at 6.0% annual interest, subject to buyer's qualifications. Please do not disturb any of the existing tenants.
Listing Information
Property Type: Other
0.16 Acres 1961
Neighborhood
Room Information
Exterior / Lot Features
None
Financial Considerations
514111240600
$4,747
2018
Market Trends and Price History
Listing Price History

Hollywood Real Estate

Hollywood is located in Florida. Hollywood, Florida 33024 has a population of 149,728.

The median household income in Hollywood, Florida 33024 is $46,419. The median household income for the surrounding county is $51,574 compared to the national median of $53,482. The median age of people living in Hollywood 33024 is 41.7 years.

Loading nearby sales and history ...
Courtesy: RE/MAX 5 Star Realty
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. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © MIAMI Association of REALTORS®, all rights reserved.
This content last refreshed on 2/17/2019 6:07 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?

Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time