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Office building with Development opportunity on second almost one acre lot. Added value strategy or buy and hold. Located in the TOC Corridor. 1.81 Acres in total in SMU zoning, one of the most development friendly zoning in Hollywood. 175 Feet Max height, Density at 50 units per acre for MF, or 100 rooms for Hotel. Mixed use zoning - S-MU – South Mixed-Use District. Permitted uses are: Multi-Family Residential, Office, Parking Lots and Garages (commercial), Hotel, Retail and Much More. Please see attachments for more info. About lease in Existing office building: 10,388 sq. ft building. First floor is leased through 2023 to Wells Fargo on NNN lease, Second floor is leased through December 2024. Currently generating 6% CAP on the office building valuation. Office building NOI is $121k
Listed by Nikolay Polyushkin, Vera Realty LLC

Property Details of 6015 Washington St

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Miami Association of REALTORS®. All Rights Reserved. The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on September 29, 2022

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