Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3950 W Hallandale Beach Blvd Hollywood, FL 33023

    Sponsored
    For Lease
    $10,000 /Mo ($12 SF/Yr)

    Commercial/Industrial,Restaurant/Entertainment - Hollywood, FL

    Lot size:
    0.22 Acres
    Days on Market:
    253
    Last Refresh:
    Feb 4 at 4:06 pm

    Property Features for 3950 W Hallandale Beach Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-1
    APN
    514230090120
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Itshak Mor-Yossef

    G&E Realty Group, Inc. (954) 450-1174

    Listing agent Itshak Mor-Yossef (754) 223-4216 License #3026619

    Listing date May 28, 2025

    MLS# F10506034 Listing URL

    Copyright © 2026 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Restaurant Building in Hallandale Area

    This is a free-standing restaurant building located in the Hallandale area. The property is zoned B-1 and has a lot size of 0.2152 acres. It features parking and comes fully equipped, ready for a new restaurant to begin operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Smartmeal305, APPETITES KOSHER CATERING, Luxury Kosher, Jelly Jar Catering, Souse & Daiquiris

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.182188
    Latitude
    25.984509

    Nearby Similar for Lease

    • $1.00 SF/Yr
      21,820 SF

      Downtown Hollywood Office Leasing Opportunity

      Prime office space in vibrant downtown Hollywood, steps from Young Circle.
      1940 Harrison St, Hollywood, FL 33020
      View Details
    • $18 SF/Yr
      Pending

      Spacious Warehouse in Hollywood, FL

      2900 sq ft warehouse space suitable for various business uses.
      5801 Mayo St, Hollywood, FL 33023
      View Details
    • $32 SF/Yr

      Professional Office Building in Hollywood

      Private offices available in secure building near major transportation.
      2227 N Federal Hwy, Hollywood, FL 33020
      View Details
    • $3,500 /Mo

      Freestanding Office on Corner Lot

      1,286 SF Hollywood office space for lease.
      5820 Sheridan St, Hollywood, FL 33021
      View Details
    • $15,000 /Mo

      Air-Conditioned Warehouse with Office Suite

      6,478 SF warehouse with 844 SF office suite.
      1930 N 30Th Rd, Hollywood, FL 33021
      View Details
    • New
      $4,200,000
      10,529 SF

      Hollywood Multifamily Investment Opportunity

      Rare, updated 14-unit building near Hollywood Beach Golf Club.
      930 N 14Th Ct, Hollywood, FL 33020
      View Details
    • New
      $1,658 /Mo

      Move-In Ready Hollywood Office Spaces

      Remodeled office spaces with flexible options and modern amenities.
      2021 Coolidge St, Hollywood, FL 33020
      View Details
    • $1,450 /Mo
      43,560 SF

      Updated Office Space For Lease

      Updated professional office space with ample parking and natural sunlight.
      6115 Stirling Rd, Hollywood, FL 33314
      View Details
    • $1,200 /Mo
      43,560 SF

      Hollywood Boutique Office Building

      Office spaces with various styles, sizes, and views available.
      2719 Hollywood Blvd, Hollywood, FL 33020
      View Details
    • New
      $1,000 /Mo
      5,868 SF

      Prime Location Office Spaces

      Office spaces for rent in prime Hollywood location.
      2743 Hollywood Blvd, Hollywood, FL 33020
      View Details
    • New
      $724 /Mo

      Move-In Ready Hollywood Office Spaces

      Remodeled office spaces with flexible options and modern amenities.
      2021 Coolidge St, Hollywood, FL 33020
      View Details
    • New
      $573 /Mo

      Move-In Ready Hollywood Office Spaces

      Remodeled office spaces for rent in Hollywood, Florida.
      2021 Coolidge St, Hollywood, FL 33020
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant building with full equipment and parking in Hallandale.
    Where is this restaurant located?
    The property is located at 3950 W Hallandale Beach Blvd Hollywood, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Fully equipped restaurant ready to start; - Free-standing building; - Located in a great area of Hallandale on main road
    (954) 450-1174
    Request Owner's contact information
    3950 W Hallandale Beach Blvd Hollywood, FL 33023
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3950 W Hallandale Beach Blvd
    Hollywood, FL 33023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3950 W Hallandale Beach Blvd Hollywood, FL 33023
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Itshak Mor-Yossef
    Real Estate License ID: 3026619
    (954) 450-1174
    Learn more
    Google sign-in failed. Please try again or use another login method.