Two-Room Office
1-1911 Harrison St, Hollywood, FL 33019
For Sale
Contact for pricing
A flexible interior layout includes two rooms that may be opened into a single space.
Property Size345 SF
Price / SF$5.36
Days on Market18
Property Features for 1-1911 Harrison St
General Information
Standard status
Size
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Listing Agency:
Star Alliance Realty Inc
Listed By:
Anna Stepchenko · License FL #3265345
(305) 824-7157
Source:
Exprealty
Added: Oct 23
Changed: Nov 9
Last Checked: Nov 8 at 10:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Star Alliance Realty Inc
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Investment Insights
Based on property information with market context.
This 345-square-foot office unit is arranged as two rooms joined by an interior door, with the option to combine them into one open area. Modern flooring and neutral finishes complete the interior.
Key Highlights
- 345 square feet of office space
- Two connected rooms with the option to create one open area
- Modern flooring and neutral interior finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,660
Suggested Prices Based on Cap Rates
Cap Rate 5%
$133,200
$133.2K
Cap Rate 7%
$95,143
$95.1K
Cap Rate 9%
$74,000
$74.0K
Market Conditions
NOI Build-Up for 345 SF
Gross rent
$11.4K $33.00/SF
− Vacancy
−$2.5K −$7.26/SF
EGI
$8.9K $25.74/SF
− OpEx
−$2.2K −$6.44/SF
NOI
$6.7K $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 Rate 5%
$133,200
Cap Rate 7%
$95,143
Cap Rate 9%
$74,000
Alternative Uses
Best Use
Office B
$95.1K
$83.3K – $111.0K
NOI $6,660 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$135.0K
$118.1K – $157.5K
NOI $9,447 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
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
$631,800
Median Home Value
Market
Average Price Trend$/SF for Office Units in Hollywood, FL
Properties on Market for Office Units in Hollywood
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible interior layout includes two rooms that may be opened into a single space.
Where is this office unit located?
The property is located at 1-1911 Harrison St Hollywood, FL.
What are key features of this property?
This property features: 345 square feet of office space; Two connected rooms with the option to create one open area; Modern flooring and neutral interior finishes
