Prime Redevelopment Site at 1040 Federal Highway Hollywood

FOR SALE

$5,990,000

1040 Federal Highway, Hollywood, FL 33020

28,000 SF

Square Feet

$214

PPSF

11.69%

CAP

Property Description

NOI

$700,000

Cap Rate

11.69%

https://riserealty.com/properties/1040-s-federal-hwy-1817-funston-st-hollywood-fl-33020

Property Details

Asset Type

Office

Year Built

1953

Zoning

FH-2

Lot Size

47,000 SF

Neighborhood

Park Side

Submarket

Hollywood

ZIP

33020

Renovated

2013

Listing Type

sale

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

$1,110,550

Debt Service Coverage Ratio (DSCR)

3.26x

Cap Rate

18.54%

Cash Flow (Annual)

$769,802

Cash-on-Cash Return

51.41%

Monthly Debt Service

$28,396

Annual Debt Service

$340,748

View on Map

Address

1040 Federal Highway

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Hollywood Office Market Snapshot

Boundary boundary · Office · Sale

No investors found in this market.

Contact the Listing Team

Keith Darby

President, Rise Realty

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Keith Darby

President, Rise Realty

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