1301 N Federal Hwy

1301 N Federal Hwy , Hollywood, Florida, 33020 | 2,528 sq.f | $ 1,299,000

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About This Restaurant

Investment Highlights

Former Landmark Restaurant Great Visibility & Signage 9% Projected CAP Rate Second Generation Restaurant Directly on US-1 High Traffic Counts over 35,000 Cars Daily!

Executive Summary

This subject property is a vacant, second generation restaurant located directly on North Federal Highway (US-?1) and corner of Arthur Street just south of Taft St in East Hollywood FL and has great visibility and signage. High traffic area with over 35K cars per day. This physical property consists of 2,528 SF, and it is well situated on a 6,395 SF lot. Great location directly on US1 / Federal Hwy, close to Interstate I?-95, Fort Lauderdale International airport, Hollywood downtown and Hollywood Beach. The property has excellent visibility and signage. The property's proximity to Downtown Hollywood and Fort Lauderdale-Hollywood International Airport provides easy travel options for residents and visitors. Hollywood Beach Broadwalk is nearby, allowing residents to stroll with families.

Property Details

  • Sale Type    Owner User
  • Sale Condition    Building in Shell Condition
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    2,528
  • Building Class    C
  • Year Built    1973
  • Price    1,299,000
  • Price Per SF    514
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.41
  • Land Acres    0.14 AC

Amenities

  • Bus Line

Nearby Amenities & Transportation

Retail Truist
Retail Twin Peaks
Retail City National Bank of Florida
Retail Bank of America
Retail PNC Bank
Retail Wells Fargo
Retail Chase Bank
Retail Miami Subs Grill
Retail Starbucks
Retail Publix

Property Taxes

Parcel Number 51-42-10-02-0040 Improvements Assessment $115,110
Land Assessment $459,070 Total Assessment $574,180
Date Created: 2024-07-16 04:09:28 Last Updated: 2024-07-16 04:09:28
Address: 1301 N Federal Hwy , Hollywood, Florida, 33020