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Freestanding Retail Building with Private Yards

1-699 S Federal Hwy, Hollywood, FL 33020

For Sale
Contact for pricing

Two entrances support single-tenant occupancy or separation into two suites, each with a private outdoor area.

Property Size2,258 SF
Lot Size0.25 Acres
Price / SF$0.02
Days on Market13

Property Features for 1-699 S Federal Hwy

General Information

Standard status Active
Size 2,258 SF
Total Parking Spaces 6
Lot size 0.25 Acres
Zoning FH-2

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Additional Details

Property Use Office or Retail

Taxes and HOA fees

Annual Taxes $15,297

Amenities

large private yard
ample backyard space
multiple rooms
bathrooms
kitchen area

Building Details

Buildings 1
Stories 1
Building Size 2,258 SF
Listing Agency: Property Pro Partners, LLC.
Listed By: Brandon Talalaevsky · License FL #3298943
Source: Exprealty
Added: Oct 28 Changed: Nov 8 Last Checked: Nov 8 at 4:46PM

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 Property Pro Partners, LLC.

Rey
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Investment Insights

Based on property information with market context.

This freestanding, one-story retail property contains approximately 2,258 square feet on a 10,907-square-foot corner lot. Two entrances allow the building to function as one space or as two units of approximately 1,150 square feet apiece. The interior includes multiple rooms, bathrooms, and a kitchen area, while each unit has its own private yard. Six dedicated on-site parking spaces serve the property, with additional guest and street parking also available.

The site fronts Federal Highway at Jefferson Street in Hollywood. Hollywood Boulevard, Young Circle, I-95, and the beach are described as minutes away. FH-2 zoning is in place; prospective occupants should confirm zoning and permitted uses with the City of Hollywood. The property is presented for sale, with flexible lease terms also noted.

Key Highlights

  • One‑story freestanding retail building with approximately 2,258 square feet
  • 10,907‑square‑foot corner lot at Federal Highway and Jefferson Street
  • Two entrances allow for one 2,258‑square‑foot space or two units of approximately 1,150 square feet each

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,410
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,200 $628.2K
Cap Rate 7%
$448,714 $448.7K
Cap Rate 9%
$349,000 $349.0K
Market Conditions
NOI Build-Up for 2,258 SF
Gross rent
$48.8K $21.60/SF
− Vacancy
−$3.9K −$1.73/SF
EGI
$44.9K $19.87/SF
− OpEx
−$13.5K −$5.96/SF
NOI
$31.4K $13.91/SF
Area
Hollywood, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,200
Cap Rate 7%
$448,714
Cap Rate 9%
$349,000

Alternative Uses

Best Use
Office B
$622.7K
$544.9K – $726.5K (±1% cap)
NOI $43,591 @ 7.0% cap
Second Best
Retail
$448.7K
$392.6K – $523.5K (±1% cap)
NOI $31,410 @ 7.0% cap
Theoretical Best
Office A
$883.3K
$772.9K – $1.03M (±1% cap)
NOI $61,833 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center Auto Parts Store Electrical Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,761
Businesses Nearby

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

Average Price Trend$/SF for Retail space in Hollywood, FL

$355 Jul
$317 Aug
$308 Sep
$459 Oct

Properties on Market for Retail space in Hollywood

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Two entrances support single-tenant occupancy or separation into two suites, each with a private outdoor area.
Where is this retail space located?
The property is located at 1-699 S Federal Hwy Hollywood, FL.
What are key features of this property?
This property features: One‑story freestanding retail building with approximately 2,258 square feet; 10,907‑square‑foot corner lot at Federal Highway and Jefferson Street; Two entrances allow for one 2,258‑square‑foot space or two units of approximately 1,150 square feet each
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