2040 Lee St Hollywood, FL 33020

$2,199,999
2040 Lee St, Hollywood, FL 33020
Call 1-800-839-1363
A10252713

Commercial Property for sale in Hollywood, FL

for $2,199,999. This 42,943 square foot building was built in 1961 on a lot size of 42,943.

Property Information

  • $2,199,999
  • Commercial
  • 42,943 Square Feet
  • Taxes are $26,641
  • Active
  • Lot size of 42,943
  • Built in 1961
  • Hollywood, FL
  • Royal Poinciana Neighborhood
  • Broward County
  • MLS/Web ID is A10252713

 Virtual Tour

Description

This once in a lifetime acquisition consists of a 20, 000 square foot freestanding warehouse situated on a large one acre lot. Property is currently owner occupied and owner will deliver the property vacant prior to closing. This desirable corridor of North Dixie Highway was just rezoned to RAC DH-3, or Dixie Highway High Intensity Mixed USE district. Perfect for an owner user or investor. Investors can lease this property out and receive a strong 9.01% Capitalization rate when fully leased.

Exterior 2

Parking

  • 1-20 Parking Spaces
  • Assigned Parking

Waterfront Description

  • None

† Excluded Feature

Listed By

Broker: RE/MAX 5 STAR REALTY

2040 Lee St, Hollywood, FL, 33020 is a Commercial Property for sale at $2,199,999 with 42,943 sqft and a lot size of 42,943. 2040 Lee St was built in 1961. The property's zip code is 33020 which is in Hollywood, FL

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Pricing History

Date Price Price Change Description
7/19/2017 $2,199,999 -4.35 % Price Change
7/19/2017 $2,300,000 Price Change
4/4/2017 $2,300,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Hollywood $787,433 64 % below $399,000 82 % below
Commerical listings in Hollywood $1,965,832 11 % below $1,188,000 46 % below

Get the facts about Hollywood, FL!

Population 147,472
Population Growth (since 2000) 7 %
Median Income $46,842
Median Age 42.54
Households w/ Children 25 %

Residential Dwellings

  • Owned 36713
  • Vacant 12087
  • Rented 24600

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