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Pinnacle Real Estate Group – FL

7035 Taft Street, Hollywood, FL 33024 (MLS# A12079891)

7035 Taft Street, Hollywood, FL 33024

New Listing
$4,300,000
Property Type: Commercial Sale Square Footage: 4,158 Status: Active
Current Price: $4,300,000 List Date: 8/28/2026 Last Modified: 8/29/2026

Overview

Description

This freestanding commercial building represents an exceptional turn-key investment, and a rare value added opportunity in Hollywood, FL. Operating under a passive Triple Net (NNN) lease, the property delivers immediate, stable cash flow with zero landlord maintenance responsibilities. Cataloged under flexible C-3 zoning allowing for vertical development of up to 7 stories, and boasting an active city pre approval to double its current square footage. This asset is perfectly positioned for forward-thinking investors and developers looking to maximize returns in a high-demand market. - Operating under flexible retail zoning. 100% Leased NNN – Lease ends on 2030 – Lease Term: adjusted based on CPI INDEX.

Listing Details MLS# A12079891

General Property Information

Property Sub Type
Retail
Number Of Units Total
Yes
Occupant Type
Tenant
Building Area Main
4158
Year Built
1966
Lot Size Area
23176
Lot Size Acres
0.53

Property Features

Business Type: Retail Location of Property: Outparcel Parking Features: Common; Free Property Condition: Resale Sale Includes: Building; Land; Leases Tenant Pays: Common Area Maintenance; Electricity; Exterior Electric; HVAC Maintenance; Interior Electric; Maintenance; Real Estate Taxes; Taxes; Water Construction Materials: CBS Listing Terms: Cash; Conventional Security Features: Other Sewer: Public Sewer Structure Type: Retail Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
4300000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7035
Street Name
Taft
Street Suffix
Street
City Name
Hollywood
State Or Province
FL
Postal Code
33024
Postal Code +4
3864
Area
3100
Geographic Area
MRTC - Martin County
Parcel Number
514111300011
Subdivision Number
30
Multiple Offers Accepted
Yes
Zoning
C-3
Flood Zone
AE,X

Financial Information

Tax Annual Amount
24443
Tax Legal Description
TAFT HOLLYWOOD SHOPPING CENTER 165-31 B POR PARCEL A DESC AS COMM SLY SW COR OF PAR A THEN N 125,W 130,N 68.7,E 208.71,S 192.59,W 1.12,S 1.1

Status Change Information

Major Change Timestamp
2026-08-28T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-08-28

More Information

Short Sale Details

Lender Approval
Approved

Description of Unit Type 1

Unit Type
Shop(s)
Units Total
Yes

Price Calculations

Current Price To SqFt
1034.15

Section Details

Parcel Number MLX
0011

Originating Details

Originating System Key
560494007
Originating System ID
M00000151
IDX
Listing Office: MGS Brokers
Last Updated: August - 29 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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