Hollywood, FL 33020

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:$5,500,000
Annual Taxes:$18,361
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of RE/MAX 5 Star Realty

This prime income producing commercial asset is located on an approximately 19, 011 SF lot and is improved with three buildings totaling 9, 747 SF.

Description

This prime income-producing commercial asset is located on an approximately 19,011 SF lot and is improved with three buildings totaling ±9,747 SF. The property offers fully stabilized cash flow, long-term investment durability, and strong underlying land value along one of Hollywood’s most active commercial corridors. The property is 100% leased and generates an estimated stabilized NOI of approximately $278,000 annually. The tenant mix includes a furniture store, bar, and lounge, providing diversified income streams across retail and nightlife uses while benefiting from strong corridor visibility and established consumer traffic. Situated along a high-traffic commercial corridor, the property benefits from excellent visibility, prominent street exposure, and convenient access, supporting consistent tenant performance. The site is zoned FH-2, allowing for a wide range of permitted uses, including retail, restaurant, office, showroom, nightlife, and mixed-use, preserving future repositioning and redevelopment flexibility. This offering is well-suited for investors seeking a fully stabilized, income-producing asset with zoning optionality and strong tenant demand in a supply-constrained market.

Neighborhood

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Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.