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Remodeled Corner Office Above Citibank

3800 S Ocean Dr 212 Hollywood, FL 33019

3800 S Ocean Dr 212, Hollywood, FL, 33019
$595,000
For Sale
$595,000

Fully remodeled corner office with parking, ready to occupy.

Property Size1,226 SF
Lot Size0.03 Acres
Price / SF$485.32
Days on Market130

Property Features for 3800 S Ocean Dr 212

General Information

Standard status
Active
Size
1,226 SF
Lot size
0.03 Acres
Property subtype
Commercial

Building Details

Year Built
1973
Listing Agency Prestige Luxury Real Estate
Listed by Marco Cunha
Source Elliman
Added: Mar 10 Checked: Jul 16 at 9:41 am

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 Prestige Luxury Real Estate


Investment Insights

Based on property information with market context.

This 1,226-square-foot corner office is located directly above Citibank. The renovated office features wallpapered walls, including in the kitchen, drop ceilings with recessed LED lights, and customized furniture. It is equipped with two 75-inch TVs and five computers with multi-monitor setups. The property includes three parking spaces, one on the ground floor and two on the 4th floor. This is a turnkey sale.

Key Highlights

  • Fully remodeled corner office above Citibank
  • Includes 3 parking spaces
  • Turnkey sale: High‑quality customized furniture, two 75‑inch TVs, and 5 computers with multi‑monitor setups included

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $40.5k $33.00
− Vacancy −$8.9k −$7.26
EGI $31.6k $25.74
− OpEx −$7.9k −$6.44
NOI $23.7k $19.31
1,226 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$338.1K
$295.9K – $394.5K (±1% cap)
NOI $23,668 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$479.6K
$419.7K – $559.6K (±1% cap)
NOI $33,573 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Asseff Dental Dental Office MasterPOS (Bike/Boat/Book/etc) Store Amusement Consulting Arcade & Gaming Center Bryan Aulick Wedding ... Wedding Service Carlos Satulovsky MD ... Medical Clinic

Suggested Use

Grocery & Convenience Store Daycare Center Food Market Barber Shop Bakery Restaurant (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Auto Parts Store

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

FAQs

What type of property is this?
Office units - Fully remodeled corner office with parking, ready to occupy.
Where is this office units located?
The property is located at 3800 S Ocean Dr 212 Hollywood, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Fully remodeled corner office above Citibank; Includes 3 parking spaces; Turnkey sale: High‑quality customized furniture, two 75‑inch TVs, and 5 computers with multi‑monitor setups included
Contact an agent
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