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Medical Office Suite with Two Entrances

3800 South Ocean Dr #218 Hollywood, FL 33019

New
3800 South Ocean Dr #218, Hollywood, FL, 33019
$574,200
For Sale
Claim this Listing
$574,200

Medical office suite in the Hallmark Building with open-plan layout, marble floors, large windows, and two independent entrances.

Property Size900 SF
Price / SF$638
AddedJul 13
Days on Market3
Last RefreshJul 14 at 2:23 am

Property Features for 3800 South Ocean Dr #218

General Information

Standard status
Active
Size
900 SF
Property subtype
Unassigned

Building Details

Year Built
1973

Listing office CASTELL BLAU LLC

Listing date Jul 13, 2026

Source Commercialcafe

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 CASTELL BLAU LLC


Investment Insights

Based on property information with market context.

Located in the Hallmark Building, this medical office suite offers an open-plan interior with premium marble floors and large windows that bring in natural light. The space includes two independent entrance doors, supporting flexible access and layout planning for professional offices.

The building is on Ocean Drive in Hollywood, with the suite positioned diagonally across from the Diplomat Beach Resort and just steps from the beach, giving patients convenient access and strong visibility.

Optional custom remodeling services are available through the building’s General Contractor, including in-office sink installations, room partitions, and customized receptions (available separately).

Key Highlights

  • 900 SF medical office suite in the Hallmark Building, built in 1973
  • Open‑plan layout with premium marble floors and large windows
  • Two independent entrance doors for separate access

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 $29.7k $33.00
− Vacancy −$6.5k −$7.26
EGI $23.2k $25.74
− OpEx −$5.8k −$6.44
NOI $17.4k $19.31
900 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$248.2K
$217.2K – $289.6K (±1% cap)
NOI $17,375 @ 7.0% cap · market cap 3.03%
Second Best
Healthcare Medical
$181.3K
$158.6K – $211.5K (±1% cap)
NOI $12,688 @ 7.0% cap · market cap 2.21%
Theoretical Best
Office A
$352.1K
$308.1K – $410.8K (±1% cap)
NOI $24,646 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

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

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

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

Similar Off Market Nearby

  • Petco Vaccination Clinic — 1470 E Hallandale Beach Blvd, Hallandale Beach, FL 33009

FAQs

What type of property is this?
Medical Office Space - Medical office suite in the Hallmark Building with open-plan layout, marble floors, large windows, and two independent entrances.
Where is this medical office space located?
The property is located at 3800 South Ocean Dr #218 Hollywood, FL.
What is the asking price?
The asking price for this property is $574,200.
What are key features of this property?
This property features: 900 SF medical office suite in the Hallmark Building, built in 1973; Open‑plan layout with premium marble floors and large windows; Two independent entrance doors for separate access
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