2751 Van Buren St - Schools FOR SALE


Hollywood, FL 33020- Highland Garden
$3,950,000 USD
305-904-5956
2751 Van Buren St, Hollywood, FL for Sale
$3,950,000 USD
Schools - FOR SALE
1/63
null | Request Cap Rate

2751 Van Buren St
Hollywood, FL 33020
Highland Garden


HIGHLIGHTS

  • Immediate Income in Place -Tenant on a month-to-month at $31,000/mo ($372,000/yr) w/potential to sign a 1 yr lease extension at closing
  • Turn-Key Educational Facility -Fully licensed K-5 private school built for 80 students w/approved capacity to expand to 103
  • Dual-Use Flexibility - Existing layout supports continued school use or straightforward conversion to a freestanding office building
  • 2-Story, 8,636 SF Bldg on 19,788 SF Lot - Efficient building-to-land ratio w/room for outdoor programming, drop-off circulation, or future expansion
  • TC-1 Zoning - Supports a range of commercial and educational uses, adding optionality for repositioning
  • Prime Broward County Location - Situated in Hollywood, a market of 153,000+ residents

OVERVIEW

***Owner-User or Investor Play - Acquire with income in place, occupy immediately, or reposition multiple exit strategies from day one*** Lee & Associates presents 2751 Van Buren Street, an 8,636-square-foot K-5 licensed private school facility situated on a 19,788-square-foot lot in Hollywood, Florida. Currently licensed for 80 students with the potential to expand to 103, the property features a fully built-out educational layout including multiple classrooms, two offices, two conference rooms, a media room, library, storage rooms, a waiting area, and both private and multi-stall restrooms. The existing infrastructure provides a turn-key solution for an educational operator while also offering flexibility for conversion to a freestanding office building or medical office making this a compelling opportunity for an owner-user, investor, or value-add buyer. The property is currently occupied by a tenant on a month-to-month basis generating approximately $31,000/month in base rent, with garbage and utilities paid separately by the tenant. If desired, the tenant has expressed willingness to execute a one-year lease extension, providing immediate income stability and a defined transition period for a new owner. Strategically positioned less than one mile from I-95 and approximately 3.8 miles from the Florida Turnpike, the property offers excellent regional connectivity. Located in Hollywood a dynamic Broward County market with over 153,000 residents and proximity to Port Everglades and Fort Lauderdale-Hollywood International Airport the site benefits from strong population density and direct access to major employment and transportation hubs. Hollywood is currently in the midst of a transformational growth cycle, with nearly $1.5 billion in development recently completed, under construction, or planned anchored by a $670M expansion of Memorial Regional Hospital, multiple luxury high-rise towers along the coast and Federal Highway corridor, and major mixed-use projects citywide. The result is accelerating population growth, rising rooftop density, and surging demand for neighborhood retail, office, and healthcare services making this an ideal moment to acquire a well-located, income-producing asset in one of Broward County's most active submarkets.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$457 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

TC-1

APN/PARCEL ID

51-42-16-02-3110

ASK ABOUT THIS PROPERTY

Sebastian MisiewiczLee & AssociatesMore Info
305-904-5956

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sebastian MisiewiczLee & AssociatesMore Info
305-904-5956

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.