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Designer Office Building on Hollywood

2404 Hollywood Blvd Hollywood, FL 33020

2404 Hollywood Blvd, Hollywood, FL, 33020

$7,999,500

For Sale

$7,999,500

Freestanding, renovated office building with parking and modern amenities.

Property Size17,352 SF

Price / SF$461.01

AddedJan 13, 2025

Days on Market548

Last RefreshJul 14 at 4:16 am

Property Features for 2404 Hollywood Blvd

General Information

Standard status: Active
Size: 17,352 SF

Listing office Macken Realty Inc

Listing date Jan 13, 2025

Source Exprealty

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 Macken Realty Inc

Investment Insights

Based on property information with market context.

This freestanding, single-story office building offers 17,352 square feet of designer-finished space. The building has been totally renovated and updated. It features over 30 private offices, a new relaxation area, and conference rooms. The property includes two private parking lots with over 80 parking spots. It also has rear shipping and receiving areas with a rollup door, a full power backup generator, and a lunchroom with a full kitchen. Located on Hollywood Boulevard, the building is situated minutes from I-95 and the beaches. This meticulously maintained building is suitable for an investor or owner/user.

Key Highlights

17,352 sq ft designer‑finished, free‑standing single‑story office building on Hollywood Blvd.
Totally renovated and updated in the past year.
Two private parking lots with over 80 parking spots.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$572.6k	$33.00
− Vacancy	−$126.0k	−$7.26
EGI	$446.6k	$25.74
− OpEx	−$111.7k	−$6.44
NOI	$335.0k	$19.31

17,352 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$4.79M

$4.19M – $5.58M (±1% cap)

NOI $334,980 @ 7.0% cap · market cap 4.19%

Second Best

—

no second resolved use

Theoretical Best

Office A

$6.79M

$5.94M – $7.92M (±1% cap)

NOI $475,167 @ 7.0% cap · market cap 5.94%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

JVhomes Real Estate Agency Abel Medical Group Medical Group 1-800-Got-Ticket Law Firm Law Firm McKeon Realty Real Estate Agency Fernanda Ferreira - Realtor Real Estate Agency

Suggested Use

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For sale
Office buildings
FL
Hollywood
33020
2404 Hollywood Blvd

What type of property is this?

Office building - Freestanding, renovated office building with parking and modern amenities.

Where is this office building located?

The property is located at 2404 Hollywood Blvd Hollywood, FL.

What is the asking price?

The asking price for this property is $7,999,500.

What are key features of this property?

This property features: 17,352 sq ft designer‑finished, free‑standing single‑story office building on Hollywood Blvd.; Totally renovated and updated in the past year.; Two private parking lots with over 80 parking spots.