Medical Office Suite with Marble
For Sale
$574,200
3800 S Ocean Dr, Hollywood, FL 33019
COMMERCIAL - Hollywood, FL
Property Size900 SF
Lot Size0.02 Acres
Price / SF$638
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
0.02 Acres
Utilities
Heating system
Electric (Heating)
Water source
Public
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
Last Checked: Aug 4 at 5:06AM
MLS# 11866589
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, built in 1973. The suite is approximately 900 SF and features marble flooring, electric heating, a flat roof, and public water service. The layout is described as open-plan and includes two independent entrance doors, with large windows that bring in natural light and provide city views.
The building is located on Ocean Drive in Hollywood, Florida, and the suite is described as diagonally across from the Diplomat Beach Resort and steps from the beach, supporting convenient patient access and strong visibility.
Optional custom remodeling services are available through a General Contractor for tailoring the space to specific needs, including in-office sink installations, room partitions, and customized receptions, available separately.
The building is located on Ocean Drive in Hollywood, Florida, and the suite is described as diagonally across from the Diplomat Beach Resort and steps from the beach, supporting convenient patient access and strong visibility.
Optional custom remodeling services are available through a General Contractor for tailoring the space to specific needs, including in-office sink installations, room partitions, and customized receptions, available separately.
Key Highlights
- Approximately 900 SF medical office suite in Hallmark Building
- Two independent entrance doors
- Marble flooring and large windows with city views
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 | $29.7k | $33.00 |
| − Vacancy | −$6.5k | −$7.26 |
| EGI | $23.2k | $25.74 |
| − OpEx | −$5.8k | −$6.44 |
| NOI | $17.4k | $19.31 |
900 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$248.2K
$217.2K – $289.6K
NOI $17,375 @ 7.0% cap · market cap 3.03%
Second Best
Healthcare Medical
$181.3K
$158.6K – $211.5K
NOI $12,688 @ 7.0% cap · market cap 2.21%
Theoretical Best
Office A
$352.1K
$308.1K – $410.8K
NOI $24,646 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office suite in Hallmark Building with marble flooring, electric heat, public water, and two independent entry doors.
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 $574,200.
What are key features of this property?
This property features: Approximately 900 SF medical office suite in Hallmark Building; Two independent entrance doors; Marble flooring and large windows with city views
