5740 Funston St Hollywood, FL 33023

$3,999,000
5740 Funston St, Hollywood, FL 33023
A10252764

Commercial Property for sale in Hollywood, FL

for $3,999,000. This building was built in 1960 on a lot size of 51369.

Property Information

  • $3,999,000
  • Commercial
  • Taxes are $10,422
  • Industrial
  • Active
  • Lot size of 51369
  • Built in 1960
  • Hollywood, FL
  • Washington Park BeverlyPark Neighborhood
  • Broward County
  • MLS/Web ID is A10252764

 Virtual Tour

Description

John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of this Hollywood Industrail Portfolio. Consisting of 4 concurrent parcels totaling 33, 580 leasable square feet, with 34 tenants, on a lot size exceeding 1 acre. Property is in excellent overall condition with no major deferred maintenance coming up. This property is currently grossing $440, 426 per year, netting $371, 979. This NOI provides an investor with a very strong and stable capitalization rate of 9.54%.

Exterior 2

Exterior

  • Bay Doors

Parking

  • 61-80 Parking Spaces
  • On Street Parking
  • Shared Parking

Miscellaneous 1

Commercial

  • Loading Dock(s)

† Excluded Feature

Listed By

Broker: RE/MAX 5 STAR REALTY

5740 Funston St , Hollywood, FL, 33023 is a Commercial Property for sale at $3,999,000 with a lot size of 51369. 5740 Funston St has 0.0 baths and was built in 1960. The property's zip code is 33023 which is in Hollywood, FL

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Pricing History

Date Price Price Change Description
3/23/2018 $3,999,000 2.54 % Price Change
3/22/2018 $3,900,000 Price Change
3/22/2018 $3,900,000 -2.48 % Price Change
3/22/2018 $3,999,000 2.54 % Price Change
10/10/2017 $3,900,000 -11.36 % Price Change
10/10/2017 $4,400,000 Price Change
7/11/2017 $4,400,000 -4.35 % Price Change
7/11/2017 $4,600,000 Price Change
4/7/2017 $4,600,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Hollywood $776,565 81 % below $419,000 90 % below
Commerical listings in Hollywood $2,248,122 44 % below $1,350,000 66 % 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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