Flex Space with Open
For Sale
$696,000
3000 N 22nd Avenue, Hollywood, FL 33020
Commercial Sale, Hollywood, FL
Property Size1,755 SF
Lot Size0.12 Acres
Price / SF$396.58
Days on Market300
Property Features for 3000 N 22nd Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-5
Parking
12
Subdivision
3070
Standard status
Active
APN
514204011420
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LIBERIA 1-34 B LOT 1,2 BLK 6
Tax Annual Amount
5563
Legal Description
LIBERIA 1-34 B LOT 1,2 BLK 6
Amenities
open floor plan
high ceilings
concrete floors
ample natural light
glass double-door entrances
on-site parking
Building Details
Year built
1958
Flooring type
Concrete, Wood
Roof type
Concrete
Listing Agency:
RE/MAX Preferred · RE/MAX International
(954) 396-5900
Listed By:
Valery Cloutier · License #3632312
(954) 303-0568
Added: Nov 11, 2025
Changed: Sep 4
Last Checked: Sep 7 at 5:06AM
MLS# F10536186
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,755-square-foot flex space is arranged around an open floor plan with high ceilings, concrete floors, and abundant natural light. Two glass double-door entrances support straightforward access, while the building includes both concrete and wood flooring. The roof was newly sealed in 2026.
The property occupies a 0.12-acre lot with on-site parking, including a dedicated handicap space. Its Hollywood location provides access to I-95, US-1, and downtown Hollywood, with connectivity throughout Broward County. C-5 zoning supports the property's commercial positioning.
The property occupies a 0.12-acre lot with on-site parking, including a dedicated handicap space. Its Hollywood location provides access to I-95, US-1, and downtown Hollywood, with connectivity throughout Broward County. C-5 zoning supports the property's commercial positioning.
Key Highlights
- 1,755 sqft building on a 5416 sqft lot
- 0.12‑acre commercial property with C‑5 zoning
- Open floor plan with high ceilings and natural light
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,880
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$677,600
$677.6K
Cap Rate 7%
$484,000
$484.0K
Cap Rate 9%
$376,444
$376.4K
Market Conditions
NOI Build-Up for 1,755 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$57.9K $33.00/SF
− Vacancy
−$12.7K −$7.26/SF
EGI
$45.2K $25.74/SF
− OpEx
−$11.3K −$6.44/SF
NOI
$33.9K $19.31/SF
Area
Hollywood, FL
Vacancy
22.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$677,600
Cap Rate 7%
$484,000
Cap Rate 9%
$376,444
Alternative Uses
Best Use
Office B
$484.0K
$423.5K – $564.7K
NOI $33,880 @ 7.0% cap · market cap 4.87%
Second Best
Retail
$348.8K
$305.2K – $406.9K
NOI $24,413 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$686.6K
$600.7K – $801.0K
NOI $48,059 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - C-5-zoned commercial building with concrete floors, natural light, two entrances, and on-site parking.
Where is this flex space located?
The property is located at 3000 N 22nd Avenue Hollywood, FL.
What is the asking price?
The asking price for this property is $696,000.
What are key features of this property?
This property features: 1,755 sqft building on a 5416 sqft lot; 0.12‑acre commercial property with C‑5 zoning; Open floor plan with high ceilings and natural light
