2012 Dixie HwyHollywood, FL 33020

  • Industrial properties
  • 2,106 SF
For Sale
$1,500,000 View listing

Property Details for 2012 Dixie Hwy

Year built
1952
Construction
STEEL FRAME
Lot size
0.16 AC
Property size (Sq ft)
2,106 SF
Zone code
DH-3
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
51-42-09-05-1080
APU
514209051080

Description

This exceptional investment opportunity presents a freestanding industrial warehouse located at 2012 N Dixie Hwy, Hollywood, FL 33020. The property, built in 1952, boasts 2,106 square feet of functional warehouse space situated on a 7,086 square-foot lot. Its prime location directly on North Dixie Highway in East Hollywood offers excellent visibility and accessibility, just four blocks south of Sheridan Street. Currently leased to a single tenant under a triple net lease, the property generates a substantial annual net income of $72,000, with the tenant paying $6,000 per month. This translates to a strong return on investment. The property is zoned DH-3, allowing for a wide variety of commercial uses, making it ideal for various industrial applications. This is a rare opportunity to acquire a well-located, income-producing warehouse in a thriving area of Hollywood, Florida. The property's strong cash flow and flexible zoning make it an attractive investment for both seasoned and new investors seeking a stable and profitable asset. Serious inquiries only.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $862,424
    Hospitality
    $789,975
    Educational
    $657,250
    Medical
    $679,854
    Retail
    $1,022,389
2012 Dixie Hwy, Hollywood, Florida

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0293
Longitude
-80.1502
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,114
$77,950
$153,960
$231,910
-
$77,950
$153,960
$231,910

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