2120 Wiley St

    Hollywood, FL 33020
    • $2,300,000
    • STATUS: Closed
    • ON SITE: 127 days
    • MLS #: A10637804
    Sold - 07/16/2019
    $2,300,000
    SOLD - 07/16/2019
    • 0
      BEDS
    • 0.93
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:
    Area:

    School Ratings & Info

    Description

    The subject property is currently leased to a single tenant who has been operating a Maaco collision and paint franchisee at this location since 1991. The building consists of 14,919 sf of useable space well situated on a large 40,529 sf lot. An investor can negotiate a new lease with existing tenant, or re-tenant this property after closing increasing rent substantially. When leased at market rates, this will provide an investor with $17,405.50 per month or. $208,866 per year yielding an above market 8.35% capitalization rate. Please remember to not disturb existing tenants all showings are by appointments only.

    Monthly Payment Calculator



    Copyright 2019, 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 2019, 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 2019-07-18T06:42:04.823.
    www.castellihomes.com/homes/92617615

    2120 Wiley St Hollywood, FL 33020

    • Price: $2,300,000
    • Status: Closed
    • Updated: 18 min ago
    • MLS #: A10637804
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.93
    Acres
    1987
    Built
    Neighborhood:
    3050
    County:
    Broward
    Area:
    3050
    Property Description
    The subject property is currently leased to a single tenant who has been operating a Maaco collision and paint franchisee at this location since 1991. The building consists of 14,919 sf of useable space well situated on a large 40,529 sf lot. An investor can negotiate a new lease with existing tenant, or re-tenant this property after closing increasing rent substantially. When leased at market rates, this will provide an investor with $17,405.50 per month or. $208,866 per year yielding an above market 8.35% capitalization rate. Please remember to not disturb existing tenants all showings are by appointments only.
    Exterior Features

    Num Loading Doors 0 Num Parking Spaces 0 Waterfront Property Yn No

    Interior Features

    Interior Ceiling Height 0.0000 Maximum Ceiling Height 0.0000 Num Offices 0

    Property Features

    Approximate Lot Size 40529 Electric Service 110 Volts Power Flood Zone AhX Intended Use Investment Num Bays 0 Sale Terms Conventional Section 22 Tax Amount 26595 Tax Year 2018 Typeof Property Commercial

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2019, 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 2019, 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 2019-07-18T06:42:04.823.
     
    Castelli Real Estate Services
    2227 Wilton Drive
    Fort Lauderdale FL, 33305