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+12 photosLuxury home — 290 S State Rd 7 · Hollywood
$80,000
290 S State Rd 7, Hollywood, FL 33023
Hollywood, FL, 33023
— bd · — ba · — sqft
Listed by Keller Williams Capital Realty
290 S State Rd 7, Hollywood, FL 33023
Listed by Keller Williams Capital Realty
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Estimated monthly payment
$562/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $562/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesExcellent opportunity to own a turnkey Korean restaurant in a highly desirable shopping center along the busy State Road 7 (US-441) corridor, just minutes from Seminole Hard Rock Hotel & Casino and just off the Florida Turnpike exit. This prime location offers exceptional visibility, high daily traffic, and convenient access to customers throughout Hollywood, Davie, Miramar, Pembroke Park, Pembroke Pines, and surrounding communities.The restaurant is surrounded by major national retailers including Walmart, Ross, popular restaurants, grocery stores, and numerous neighborhood businesses, creating consistent customer traffic throughout the day. Its convenient location just off the Florida Turnpike, with quick access to I-95 and I-595, makes it easily accessible for both local residents and visitors.This fully equipped restaurant features a commercial hood system and grease trap, making it ideal for virtually any restaurant concept. The welcoming dining area is perfectly suited for dine-in, takeout, and delivery operations.One of the property's greatest advantages is its low rent and favorable lease terms, providing an excellent opportunity to maximize profitability while keeping occupancy costs low.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 11%
The seller has come down from $90,000 to $80,000 — a $10,000 reduction since it came on the market.
113 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $562/mo
290 S State Rd 7, Hollywood, FL 33023 · Hollywood
Location
290 S State Rd 7, Hollywood, FL 33023
What buyers ask about this home
What are the estimated monthly carrying costs at 290 S State Rd 7, Hollywood, FL 33023?+
Property tax (after sale): $114/month est.; homeowners insurance: $33/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $147/month est. Principal and interest: $415/month; PMI: $0/month. Total for the payment scenario shown: $562/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 290 S State Rd 7, Hollywood, FL 33023?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 290 S State Rd 7, Hollywood, FL 33023 need flood insurance, and what drives the premium?+
Most of Hollywood sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 290 S State Rd 7, Hollywood, FL 33023?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 290 S State Rd 7, Hollywood, FL 33023?+
This listing has been on the market 113 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
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Simon Gedz
Realtor® since 1995
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