East Hollywood Office/Flex
2055 Liberty St Hollywood, FL 33020
For Sale
$6,500,000
Freestanding 19,448 SF building on 0.73 acres.
Property Size19,448 SF
Lot Size0.74 Acres
Price / SF$334.22
Days on Market139
Property Features for 2055 Liberty St
General Information
Standard status
Active
Size
19,448 SF
Lot size
0.74 Acres
Property subtype
Commercial
Building Details
Year Built
1973
Listing Agency:
RE/MAX - 5 Star Realty | Hollywood
(954) 453-1000
Listed By:
John DeMarco · License #A11697377
(954) 453-1000
Source:
Elliman
Added: Mar 11
Changed: Jul 6
Last Checked: Jul 27 at 3:01AM
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 RE/MAX - 5 Star Realty | Hollywood
Investment Insights
Based on property information with market context.
This freestanding Office/Flex building is located in East Hollywood, Florida, directly on Dixie Highway. The property includes a 19,448 square foot building situated on a 32,217 square foot lot, which is equivalent to 0.73 acres. The building is currently vacant. The property is an approved gun range. The DH-3 zoning permits most uses and encourages new developments with generous height restrictions. This property may suit an owner-user looking to relocate to East Hollywood.
Key Highlights
- Large 19,448 SF freestanding building on a 32,217 SF lot in East Hollywood.
- Liberal DH‑3 zoning permits most uses and encourages new developments.
- Located directly on Dixie Highway.
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 | $641.8k | $33.00 |
| − Vacancy | −$141.2k | −$7.26 |
| EGI | $500.6k | $25.74 |
| − OpEx | −$125.1k | −$6.44 |
| NOI | $375.4k | $19.31 |
19,448 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.36M
$4.69M – $6.26M
NOI $375,444 @ 7.0% cap · market cap 5.78%
Second Best
Flex RnD
$3.16M
$2.76M – $3.68M
NOI $220,867 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$7.61M
$6.66M – $8.88M
NOI $532,564 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Freestanding 19,448 SF building on 0.73 acres.
Where is this office building located?
The property is located at 2055 Liberty St Hollywood, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Large 19,448 SF freestanding building on a 32,217 SF lot in East Hollywood.; Liberal DH‑3 zoning permits most uses and encourages new developments.; Located directly on Dixie Highway.