1922 Tyler St, Hollywood

$1,299,000

0 Bed
0 Bath
0 Acre
0 Garage

The subject property consists of 1,517 SF of office space on a 3,031 SF lot. Currently built out as a
general office. This property also works very well for an investor. An investor can lease the property at a market rate of $58.19 p/SF NNN after closing. This will provide a net annual income of $88,274.23 and a 6.8%
capitalization rate at full asking price. The zoning allows the building to be expanded to 2 stories / 6,000+ SF with no parking variance needed. Also, residential is permitted above the ground floor. Enjoy all the benefits of a downtown workplace which includes great business retail visibility, desirable employee work­ place location, close proximity to top restaurants and nightlife, major national events, and ample parking.

Essential Information
MLS® #A11396817
Price$1,299,000
Bathrooms0.00
Acres0.00
Year Built1955
TypeCommercial
Sub-TypeOffice
StatusActive
Community Information
Address1922 Tyler St
Area3070
CityHollywood
CountyBroward County
StateFL
Zip Code33020-4517
Additional Information
Date ListedJune 1st, 2023
Days on Market341
Listing Details
Listing Courtesy ofRE/MAX 5 Star Realty
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