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    727 21St Ave Hollywood, FL 33020

    For Sale
    $340,000

    Turnkey Fitness Business, High Revenue

    Property size:
    1,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional business opportunity presents a fully equipped, award-winning fitness studio located at 727 S 21st Ave, Hollywood, FL. The 1,500 square foot indoor space, complemented by an expansive 3,500 square foot outdoor area, is perfectly designed for a diverse range of fitness activities including pole dancing, TRX training, yoga, and general fitness classes. Currently generating a substantial annual revenue of $180,000 with an impressive 53% profit margin, this established studio boasts a loyal client base of 65-75 members. A strong online presence is evident through its 10,000+ Instagram followers and excellent Google reviews, showcasing its popularity and reputation within the community. All necessary permits are in place, ensuring smooth and compliant operations. Significant growth potential exists through the addition of children's classes or the rental of the space for events. The sale includes a valuable 5-year lease, comprehensive inventory, the established website, and all associated digital assets. This turnkey business offers a rare opportunity to acquire a thriving and profitable enterprise, ready for immediate operation and future expansion. Note that real estate is not included in the sale. Priced at $340,000.

    Property Features for 727 21St Ave

    General Information

    Property type
    Investment properties
    Square Feet
    1,500 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    FLAMINGO DANCE & FITNESS ... Dance School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.14857
    Latitude
    26.00498

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    FAQs

    What type of property is this?
    Investment property - Turnkey Fitness Business, High Revenue
    Where is this investment property located?
    The property is located at 727 21St Ave Hollywood, FL.
    What is the asking price?
    The asking price for this property is $340,000.
    (786) 252-3325
    Request Owner's contact information
    727 21St Ave Hollywood, FL 33020
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    Hollywood, FL 33020
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    Realmo Value Estimation

    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.

    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.

    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
    727 21St Ave Hollywood, FL 33020
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