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Remodeled Corner Office Suite

212-3800 S Ocean Dr Hollywood, FL 33019

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

Turnkey, fully remodeled corner office with three parking spaces and furnished, ready-to-occupy setup.

Property Size1,226 SF
Price / SF$485.32
Days on Market732

Property Features for 212-3800 S Ocean Dr

General Information

Standard status
Active
Size
1,226 SF
Listing Agency Prestige Luxury Real Estate
Listed by Marco Cunha
Source Exprealty
Added: Jul 15, 2024 Checked: Jul 16 at 10:40 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 fully remodeled corner office is designed for immediate occupancy and turnkey operations. The space includes a renovated interior with wallpaper on all walls, drop ceilings with recessed LED lighting, and a kitchen finished as part of the renovation. The sale is set up to be plug-and-work, with high-quality customized furniture, two 75-inch TVs, and five computers with a multi-monitor setup included.

The office is located exactly above Citibank and is offered as a complete, ready-to-occupy suite at 212-3800 S Ocean Dr, Hollywood, FL. The suite totals 1,226 square feet and comes with three parking spaces, with one on the ground floor and two on the 4th floor.

For tenants and buyers seeking a professionally finished office without the need to start from scratch, this layout is well-suited to a business that wants to move in quickly. The included furnishings and equipment support immediate day-to-day use, while the dedicated parking arrangement makes arrival and operations more straightforward for staff and clients.

Key Highlights

  • Fully remodeled corner office directly above Citibank with 1,226 SF total area
  • Asking $485/SF and ready to occupy
  • Includes 3 parking spaces: 1 on the ground floor and 2 on the 4th floor

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

Office Units

Suggested Use

Dental Office Law Firm Hair Salon Spa & Massage Center HVAC Service Electrical Service Nail Salon Auto Repair Shop Pharmacy Accounting Firm

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

FAQs

What type of property is this?
Office units - Turnkey, fully remodeled corner office with three parking spaces and furnished, ready-to-occupy setup.
Where is this office units located?
The property is located at 212-3800 S Ocean Dr 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 directly above Citibank with 1,226 SF total area; Asking $485/SF and ready to occupy; Includes 3 parking spaces: 1 on the ground floor and 2 on the 4th floor
Contact an agent
More about this property
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