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5706 Funston St, Hollywood FL 33023

Commercial Recently Sold
$900,000

BTC: 14.29850350

ETH: 288.66508435

Sold on: 2020-01-03
7 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

This property consists of 6,860 square feet of leasable space well situated on a large 10,488 square foot lot. Property is zoned IM­2 which permits most heavy industrial uses. Twin­T concrete roof. All automotive uses allowed. Clean phase I environmental report on file. There is currently 1 tenant on a triple net lease who pays full CAM. The current gross annual income is $25,200. This property can also work for an investor. When the vacant bays are leased at the current leasing rate of $13 p/sf NNN, this property will net $83,020 annually which will provide an investor with the above­market capitalization rate of 8.3%.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1966
Lot:
6860 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 6860 Square Feet

    Other Property Information

    • Parcel Number: 514124101921

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $6,026

  • Source details

    • MLS ID: A10771939

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX 5 Star Realty