Medical Office Suite with 5
For Sale
$1,532,500
3800 S Ocean Dr, Hollywood, FL 33019
COMMERCIAL - Hollywood, FL
Property Size2,500 SF
Lot Size0.06 Acres
Price / SF$613
Days on Market34
Property Features for 3800 S Ocean Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Mixed Use
Subdivision
Hollywood Beach
View
City
Directions
From I-95, exit on Hollywood Blvd and head East toward the beach. Turn right (South) onto S Ocean Dr (A1A). Proceed to 3800 S Ocean Dr. The Hallmark Building will be on your right (West side of the street), diagonally across from the Diplomat Beach Resort.
Standard status
Active
Lot size
0.06 Acres
Utilities
Heating system
Electric (Heating)
Building Details
Year built
1973
Flooring type
Marble
Roof type
Flat
Listing Agency:
CASTELL BLAU LLC
(786) 425-3185
Listed By:
Daniel Pimas · License #3508618
(786) 425-3185
Added: Jul 2
Changed: Jul 16
Last Checked: Aug 4 at 5:06AM
MLS# 11866621
Copyright © 2026 My State MLS. 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.
Medical office suite in the Hallmark Building offering a combination of two contiguous units. The layout includes five private offices, high ceilings, glass doors, and premium marble floors. The space also features smart lighting and central A/C.
Located at 3800 S Ocean Dr in Hollywood, Florida, the property is described as being across from the beach and near major highways, supporting convenient access for patients and staff.
For a tailored setup, optional custom remodeling services are offered through the provided general contractor. Options mentioned include in-office sink installations, structural reinforcements, and a customized reception, with those services available separately.
Located at 3800 S Ocean Dr in Hollywood, Florida, the property is described as being across from the beach and near major highways, supporting convenient access for patients and staff.
For a tailored setup, optional custom remodeling services are offered through the provided general contractor. Options mentioned include in-office sink installations, structural reinforcements, and a customized reception, with those services available separately.
Key Highlights
- 2,500 SF medical office space in the Hallmark Building with two contiguous units
- Includes 5 private offices with high ceilings and glass doors
- Premium marble flooring throughout
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.5k | $33.00 |
| − Vacancy | −$18.2k | −$7.26 |
| EGI | $64.4k | $25.74 |
| − OpEx | −$16.1k | −$6.44 |
| NOI | $48.3k | $19.31 |
2,500 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$689.5K
$603.3K – $804.4K
NOI $48,263 @ 7.0% cap · market cap 3.15%
Second Best
Healthcare Medical
$503.5K
$440.6K – $587.4K
NOI $35,244 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$978.0K
$855.8K – $1.14M
NOI $68,460 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,117
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33019, FL
15,497
Population
12,453
Households
1.2
Avg Household Size
55
Median Age
60%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,188
Density / Sq Mi
$94,824
Median Household Income
$59,226
Median Earnings
$1,983
Median Rent
$631,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office suite in the Hallmark Building with five private offices, marble floors, and central A/C.
Where is this medical office space located?
The property is located at 3800 S Ocean Dr Hollywood, FL.
What is the asking price?
The asking price for this property is $1,532,500.
What are key features of this property?
This property features: 2,500 SF medical office space in the Hallmark Building with two contiguous units; Includes 5 private offices with high ceilings and glass doors; Premium marble flooring throughout
