5740 Funston St

    Hollywood, FL 33023
    • $3,800,000
    • STATUS: Closed
    • ON SITE: 534 days
    • MLS #: A10252764
    Sold - 07/24/2018
    $3,800,000
    SOLD - 07/24/2018
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    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%.

    Monthly Payment Calculator



    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-09-24T09:42:03.687.
    www.rileysmithgroup.com/homes/71445012

    5740 Funston St Hollywood, FL 33023

    • Price: $3,800,000
    • Status: Closed
    • Updated: 16 min ago
    • MLS #: A10252764
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    1960
    Built
    Neighborhood:
    3010
    County:
    Broward
    Area:
    3010
    Property 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 Features

    Num Loading Doors 34 Num Parking Spaces 70 Parking Description Shared ParkingStreet Parking Waterfront Property Yn No

    Interior Features

    Interior Ceiling Height 16.0000 Maximum Ceiling Height 16.0000 Num Offices 0

    Property Features

    Approximate Lot Size 51369 Electric Service Other Electric Intended Use Investment Num Bays 34 Sale Terms Conventional Section 24 Tax Amount 10422 Tax Year 2016 Typeof Property Industrial

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-09-24T09:42:03.687.
     
    The Riley Smith Group
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