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    Presidential Circle Office Plaza Title is generated by Realmo AI

    3801 Hollywood Blvd Hollywood, Hollywood, FL 33021

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    For Lease
    $27 SF/Yr $42/Mo (calc)

    Medical/Professional office and operational bank branch for lease.

    Type:Office / Medical / Former Bank
    Property size:
    19 SF
    Added:
    Sep 10, 2025
    Days on Market:
    253
    Last Refresh:
    Apr 5 at 9:19 pm

    Property Features for 3801 Hollywood Blvd Hollywood

    General Information

    Standard status
    Active
    Size
    19 SF
    Property subtype
    Office / Medical / Former Bank

    Spaces For Lease

    at 3801 Hollywood Blvd Hollywood Contact us

    We can help!

    Listing Contact
    Elias Porras, SIOR

    Listing agent Elias Porras, SIOR License #FL #BK3531038

    Listing office

    Listing date Sep 10, 2025

    Source Lee-associates

    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 Elias Porras, SIOR

    HighLights

    • Ample parking: 95 surface spaces, a rare 4.8 spaces per 1,000 sq ft.
    • Prime location on Presidential Circle with excellent visibility and accessibility.
    • Convenient transportation: Minutes from I‑95, Florida Turnpike, and Hollywood/Sheridan Street commuter rail.
    • Flexible layouts: 19,616 sq ft building with 6,539 sq ft floorplates.
    • Strong demographics: Surrounded by a vibrant community of 180,000+ residents.
    • High traffic volume: Over 50,000 vehicles daily on Hollywood Boulevard.

    Overview

    The Presidential Circle Office Plaza is a three-story medical and professional office building with 19,616 square feet of space. The typical floorplate is 6,539 square feet, providing flexible layouts for multi-tenant occupancy. Many suites include private in-suite restrooms. Open-air breezeways connect the suites. The property has 95 surface parking spaces, a ratio of 4.8 spaces per 1,000 square feet. The property is located on the northeast side of Hollywood’s Presidential Circle, minutes from the Hollywood and Sheridan Street commuter rail stations, and 6.5 miles from Fort Lauderdale–Hollywood International Airport. The location benefits from a community of more than 180,000 residents within a three-mile radius, daytime employee density, and traffic volume of over 50,000 vehicles daily on Hollywood Boulevard. It is positioned five minutes from I-95 and the Florida Turnpike, between Fort Lauderdale and Miami. The property can be used as a medical or professional office, or an operational bank branch.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Berkowitz Harry DDS Dental Office Dr. Carlos Llapur Dental Office Rita Fields Adrienne ... Dental Office Total Women's Healthcare ... Medical Clinic Bank of America (with ... Bank

    Suggested Use

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

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

    Similar Places Nearby

    • Jobert Michelle DVM — Hollywood, FL 33021
    • Presidential Veterinary Center — 3765 Hollywood B, Hollywood, FL 33021

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.182
    Latitude
    26.011

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    FAQs

    What type of property is this?
    Medical Office Space - Medical/Professional office and operational bank branch for lease.
    Where is this medical office space located?
    The property is located at 3801 Hollywood Blvd Hollywood Hollywood, FL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Ample parking: 95 surface spaces, a rare 4.8 spaces per 1,000 sq ft.; Prime location on Presidential Circle with excellent visibility and accessibility.; Convenient transportation: Minutes from I‑95, Florida Turnpike, and Hollywood/Sheridan Street commuter rail.
    (954) 325-8784
    We can help!
    Listing Contact
    Elias Porras, SIOR
    Real Estate License ID: FL #BK3531038
    Learn More
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    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.

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    3801 Hollywood Blvd | Hollywood, FL 33021, FL 33021
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