Hollywood, FL 33020 — MLS photo

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Hollywood, FL 33020

Active · Commercial

$599,000

Hollywood, FL 33020

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1988
Lot size
—
HOA fee
—
Annual tax
—

About this property

This well-established automotive paint and repair shop has been successfully operating for approximately 30 years in the Hollywood area. The business specializes in collision repair, paintwork, vehicle wraps, frame restoration, and a wide range of additional automotive services. With decades of reliable service and consistent quality, the shop has built a loyal customer base and strong reputation in the community. This has resulted in a steady stream of repeat clients and referral business, making it an excellent opportunity for a new owner seeking a proven and stable operation with a solid market presence. The total monthly rent is $30,000, with approximately $26,000 offset by three sublease tenants, significantly reducing the effective occupancy cost. The facility is fully equipped, properly licensed, and well-positioned to continue generating strong demand in one of the most active automotive markets in Miami-Dade and Broward counties.

Property location

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Hollywood, FL 33020

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Commercial
Year built
1988

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A11988536
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,172

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$2,840/mo
Down payment
$149,750
Loan amount
$449,250
Annual NOI
$20,012

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.