5830 Mayo St

    Hollywood, FL 33023
    • $480,000
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: A10836119
    $480,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1969
    County:

    School Ratings & Info

    Description

    The subject property is 3,000 square feet of leasable space well situated on a large 12,509 SF lot. The property is fully fenced in with ample parking. The building has tall 18' ceilings with 14' street-level doors and a TwinT concrete roof. There are 3 warehouse bays about 1,000 Sq.Ft. each. There are 3 monthtomonth tenants. The current gross income is $42,720 annually, netting $30,670 per year. Property is perfect for an owner-user or an investor. An investor can retenant the property or bring the current tenants to market rates increasing net annual income to $48,800. This NOI will provide an investor with a strong 9.75% cap rate.

    Monthly Payment Calculator



    Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2020-05-28T06:43:01.827.
    www.buyingsoflo.com/homes/104282888

    5830 Mayo St Hollywood, FL 33023

    • Price: $480,000
    • Status: Active
    • MLS #: A10836119
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1969
    Built
    County:
    Broward
    Property Description
    The subject property is 3,000 square feet of leasable space well situated on a large 12,509 SF lot. The property is fully fenced in with ample parking. The building has tall 18' ceilings with 14' street-level doors and a TwinT concrete roof. There are 3 warehouse bays about 1,000 Sq.Ft. each. There are 3 monthtomonth tenants. The current gross income is $42,720 annually, netting $30,670 per year. Property is perfect for an owner-user or an investor. An investor can retenant the property or bring the current tenants to market rates increasing net annual income to $48,800. This NOI will provide an investor with a strong 9.75% cap rate.
    Exterior Features

    Pool Private YN No Waterfront YN No

    Interior Features

    Building Area Total 3000 Stories Total 1

    Property Features

    Association YN No Business Type IndustrialWarehouse Space Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes New Construction YN No Property Sub Type Industrial Public Survey Section 24 Security Features Security Fence Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 7242

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2020-05-28T06:43:01.827.
     
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