2215 N Federal Hwy - Restaurant FOR SALE


Hollywood, FL 33020- Royal Poinciana
$5,500,000 USD
2215 N Federal Hwy, Hollywood, FL for Sale
$5,500,000 USD
Restaurant - FOR SALE
1/44
null | Request Cap Rate

2215 N Federal Hwy
Hollywood, FL 33020
Royal Poinciana


OVERVIEW

Prime income-producing commercial property located in Hollywood, Florida. The ±19,011 SF lot features three buildings totaling ±9,747 SF and offers a compelling combination of in-place income, value-add upside, and owner-user flexibility. The property currently generates an NOI of approximately $164,000, with projected NOI increasing to $306,000 upon lease-up of the vacant space at pro-forma market rents. The existing tenant mix includes a lounge and a bar, along with a third ±4,000 SF vacant unit offering immediate owner-user occupancy or lease-up potential. Situated along a high-traffic commercial corridor, the property benefits from excellent visibility, strong exposure, and convenient access. Flexible FH-2 zoning enables a wide range of uses, including retail, restaurants, offices, nightlife, and mixed-use, supporting long-term investment stability and strong underlying land values.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$1,375 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

undefined, Bar, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,980 SF

ZONING

FH-2

APN/PARCEL ID

51-42-10-21-0370

ASK ABOUT THIS PROPERTY

John DeMarcoRE/MAX 5 Star RealtyMore Info

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John DeMarcoRE/MAX 5 Star RealtyMore Info

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