N 63rd Ave

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N 63rd Ave

Hollywood, FL 33024
Asking Price
$475K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 0.29 acres of space
  • Offered for sale at a price of $475,000
  • Located on N 63rd Ave in Hollywood Florida
  • Positioned within the active Miami-Fort Lauderdale metropolitan area
  • Suitable for a variety of potential commercial development projects

What's Special

Priced at $475,000, this 0.29-acre parcel of commercial land is situated on N 63rd Ave in Hollywood, Florida. The property is positioned within a vibrant section of the Miami metropolitan area, benefiting from the region's robust trade activity and dense residential neighborhoods that provide a consistent consumer base. Its strategic location offers accessibility to major transportation corridors, connecting the site to the broader South Florida business landscape. Investors and developers can evaluate this parcel for various commercial applications, ranging from retail developments to service-oriented business facilities. The site provides a flexible canvas for projects seeking to establish a foothold in a well-connected suburban environment. With its clear potential for development, the asset serves as a functional addition to a commercial portfolio in a market characterized by steady economic growth and ongoing infrastructure investment.

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

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