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$4,300,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 7035 Taft St
General
- Price: $4,300,000
- Taxes: $24,443
- Status: Active
- Type: Retail
- Source: Greater_Miami
- MLS ID: A12079891
- Updated: 8/29/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Retail Space
Rental Information
- Approvals: Approved
Additional Information
- Security/Safety: Other Fire Protection
Parking
- Parking Features: Additional Spaces Available, Common, Free Parking
Location
- County: Broward County
Community
- Units Assoc/Comm: 1
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Structure Type: Commercial
- Detached/Attached: Detached
- Construction: CBS Construction
- Building Size: 4158
- Year Built: 1966
Unit Information
- Units in Complex: 1
Lot Features
- Lot Size (Sq. Ft.): 23,176
- Lot Features: Out Parcel
- Zoning: C-3
Financial Considerations
- Tax Amount: $24,443
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: A/C & Heating Maintenance, Common Area Maintenance, Exterior Electric, Electricity, Real Estate Tax, Water
Disclosures and Reports
- Special Conditions: Sale
- 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
- Inclusions: Building & Land, Leases, Leases
- Property ID: 514111300011
Listed by MGS Brokers
Get Pre-Approved Today
Schools
Schools serving 7035 Taft St
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Sheridan Park Elementary School 2310 North 70th Terrace, Hollywood, FL 33024 | K-5 | 0.4 mi |
Driftwood Middle School 2751 North 70th Terrace, Hollywood, FL 33024 | 6-8 | 0.6 mi |
Mcarthur High School 6501 Hollywood Boulevard, Hollywood, FL 33024 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7035 Taft St
Date
Details
Price
Change
Source
8/28/2026
Listed
$4,300,000
300%
MLS
1/30/2020
Sold
$1,075,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7035 Taft St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,443
19%
$1,048,150
-18%
2024
$20,613
—
$1,284,050
34%
2024
$20,613
10%
$959,840
17%
2023
$18,661
19%
$817,800
22%
2021
$15,666
-6%
$669,590
-6%
2022
$16,662
6%
$715,910
7%
2021
$15,666
-5%
$669,780
—
2019
$16,428
2%
$669,780
—
2018
$16,073
1%
$669,780
2%
2017
$15,845
4%
$655,280
5%
2016
$15,170
12%
$624,600
14%
2015
$13,567
2%
$548,910
3%
2014
$13,257
-3%
$531,130
1%
2013
$13,684
—
$525,810
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7035 Taft St
7035 Taft St, Hollywood, FL 33024 (MLS# A12079891) is a Retail property. 7035 Taft St is currently listed for $4,300,000 and was received on August 28, 2026. Want to learn more about 7035 Taft St? Do you have questions about finding other Retail real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

