Downtown Hollywood Condo with Ocean
1720 Harrison St 17E-F Hollywood, FL 33020
For Sale
$399,000
Four condo units in Downtown Hollywood with ocean views.
Property Size2,710 SF
Price / SF$147.23
Days on Market95
Property Features for 1720 Harrison St 17E-F
General Information
Standard status
Active
Size
2,710 SF
Property subtype
Commercial
Building Details
Year Built
1963
Listing Agency:
RE/MAX - 5 Star Realty | Hollywood
(954) 453-1000
Listed By:
John DeMarco · License #A11697377
(954) 453-1000
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 4:19AM
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.
Located in the heart of Downtown Hollywood on Young Circle, this property comprises four condo units with a total size of 2,710 square feet. Units #17E-F are currently vacant and offer the potential for conversion into either a live-work unit space or an apartment. Situated on the 17th story, all units feature floor-to-ceiling windows and doors, along with balconies providing views of Miami, Fort Lauderdale, and The Guitar at The Hard Rock. Building amenities include an on-site management office, swimming pool, laundry room, and gym. The building has recently passed its 40-year inspection. This space is suitable for an owner-user or an investor. The location is very bikeable with a bike score of 72 and a walker's paradise with a walk score of 91. The transit score is 45, indicating some transit options.
Key Highlights
- Prime Downtown Hollywood location on Young Circle with ocean views.
- Four condo units totaling 2,710 SF, offering flexibility for owner‑users or investors.
- Vacant units #17E‑F can be converted to a live/work space or apartment.
Financial Insights For Mixed Use
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 | $65.0k | $24.00 |
| − Vacancy | −$6.5k | −$2.40 |
| EGI | $58.5k | $21.60 |
| − OpEx | −$22.0k | −$8.10 |
| NOI | $36.6k | $13.50 |
2,710 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$747.4K
$654.0K – $872.0K
NOI $52,317 @ 7.0% cap · market cap 13.11%
Second Best
Mixed Use
$522.6K
$457.3K – $609.8K
NOI $36,585 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$1.06M
$927.6K – $1.24M
NOI $74,211 @ 7.0% cap · market cap 18.60%
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?
Live-work space - Four condo units in Downtown Hollywood with ocean views.
Where is this live-work space located?
The property is located at 1720 Harrison St 17E-F Hollywood, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime Downtown Hollywood location on Young Circle with ocean views.; Four condo units totaling 2,710 SF, offering flexibility for owner‑users or investors.; Vacant units #17E‑F can be converted to a live/work space or apartment.
