Hollywood, FL

1818 Sheridan St, Hollywood FL 33020

$3,100,000

Key Details

Status
Active
Property Type
Office
Year Built
1986

Overview

$250K Price reduction! Cap rate now over 6%! Prime Location! Just off the corner of US-1 and Sheridan Street in East Hollywood, This Free standing 7,500 s/f, 2 story Office Building is centrally located 10 minutes from Ft. Lauderdale Airport and Port Everglades and 1 mile from world famous Hollywood Beach. This fully updated, 10 unit building sits on a fenced, 17,800 s/f lot and has 27 parking spaces. Asset is fully stabilized and 100% leased Long term tenants most on recently renewed leases. Over $400K in recent capital improvements including a New Roof, newly paved rear parking area and rear access road, resurfaced front parking, LED exterior lighting in all common areas and parking, fully overhauled elevator, and much more. List wont fit in description. Price lowered for a quick sale.

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