• Listing status icon

    $2,550,000

  • Closed Sale 11/1/16 | MLS#: A10162103
  • 0.12Acre

3800 S Ocean Dr G7 Hollywood, FL 33019

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Overview

New 10 year Absolute NNN Zero landlord responsibility Term starting 6/30/2017. Investment grade Tenant at location for 30+ years. Extremely high FDIC branch deposits. Do not Disturb Tenant. NOI $131,268.00

Listing provided courtesy of: Sandoval Real Estate Inc.

General Features

  • County Broward County
  • Property Type Commercial/Industrial
  • Style of Property Commercial Retail
  • Building Name HALLMARK CONDO
  • Terms Considered All Cash, Conventional/Refinance
  • Information Available Copies Of Lease,Photos,Rent Rolls
  • Improvement Height Other Improvement Height
  • Maximum Leasable SqFt 5082
  • Parking Description Assigned Parking, Free Parking
  • # of Parking Spaces 20
  • Tax Year 2015
  • Tax Amount $14,229
  • Listing Status Closed Sale
  • Special Information Presently Leased
  • Property SqFt 5,356
  • Property Description NNN Leased Hollywood Citibank
  • Location of Property City Location, Corner Unit, In Residential Area
  • Sale Includes Leases
  • Short Sale No
  • REO No

Building Features

  • Construction Type Cbs Construction
  • Roof Description Various Material(S) Roof
  • Floor Description Carpeted Floors, Ceramic Floor
  • Year Built Description Unknown
  • Year Built 1980
  • Fire Protection Smoke Alarm,Smoke Detector,Sprinklers
  • # of Stories 1
  • Type of Building Commercial/Residential Income,Retail Space

Property Features

  • Electric Service Other Electric
  • Lease Term Info Triple Net Lease
  • Net Operating Income $131,268
  • Gross Scheduled Income $131,268
  • Road Type Two Lane
  • Tenant Pays A/C and Heating Maintenance, Common Area Maintenance, Inside Insurance, Real Estate Tax

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Days on Market

  • This property was listed on the market for 137 days
  • Average days-on-market for homes between $2,470,400 - $3,705,600 = 123 (in zip code 33019)

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Home Valuation

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Community Demographics for Zip Code 33019 (Hollywood)

Housing Occupancy
  • Home Owners: 5,243 (40%)
  • Renters: 2,318 (17%)
  • Vacant: 5,710 (43%)
  • Total Housing Units: 13,271
Households
  • Average Household Size: 2.01
  • Housing Density (People per square mile): 3,876
Age Range (number of people)
  • Age 0-14: 1,837
  • Age 15-24: 1,310
  • Age 25-39: 1,749
  • Age 40-59: 4,061
  • Age 60-79: 4,322
  • Age 80+: 1,991
  • Total: 15,270

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33019 (Hollywood)

Private Schools in Zip Code 33019 (Hollywood)

* This list of schools may not match the property above.

Nowlin Ocean View Private School 321 Arizona St. Hollywood, FL 33019 Phone: 9549272951 PreK-12th
Grade Size Distribution
  • 7th: 4
  • 8th: 6
  • 9th: 6
  • 10th: 6
  • 12th: 2
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 24

* School data provided by US Department of Education


All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional