Office Condominium with Private
New
For Sale
$1,450,000
1720 Harrison St 7a, Hollywood, FL 33020
A full-floor, built-out workspace offers private elevator access in downtown Hollywood.
Property Size5,581 SF
Price / SF$259.81
Days on Market5
Property Features for 1720 Harrison St 7a
General Information
Standard status
Active
Size
5,581 SF
Elevators
Yes
Zoning
YC
Space & Availability
Floor
7
Condition
Move-in Ready
Site & Location
Neighborhood
Hollywood Lakes
Additional Details
Office Units
1
Property Use
Office
Taxes and HOA fees
Annual Taxes
$18,175
Amenities
Flood Zone
5581
Building Details
Building Size
5,581 SF
Year Built
1964
Listing Agency:
RE/MAX 5 Star Realty
(786) 744-4615
Listed By:
Dariel Paula
Source:
Lacostahomesrealty
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 2:47PM
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
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Investment Insights
Based on property information with market context.
This 5,581-square-foot office condominium occupies an entire floor and is vacant. The interior is built out, and private elevator access serves the unit. The building dates to 1964, and the property is zoned YC.
At 1720 Harrison Street, the office is in downtown Hollywood on Young Circle. Dining and retail are nearby, along with major transportation corridors.
At 1720 Harrison Street, the office is in downtown Hollywood on Young Circle. Dining and retail are nearby, along with major transportation corridors.
Key Highlights
- 5,581‑square‑foot, full‑floor office condominium
- Private elevator access to the unit
- Built‑out interior; currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,741
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,154,820
$2.2M
Cap Rate 7%
$1,539,157
$1.5M
Cap Rate 9%
$1,197,122
$1.2M
Market Conditions
NOI Build-Up for 5,581 SF
Gross rent
$184.2K $33.00/SF
− Vacancy
−$40.5K −$7.26/SF
EGI
$143.7K $25.74/SF
− OpEx
−$35.9K −$6.44/SF
NOI
$107.7K $19.31/SF
Area
Hollywood, FL
Vacancy
22.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,154,820
Cap Rate 7%
$1,539,157
Cap Rate 9%
$1,197,122
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.80M
NOI $107,741 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.55M
NOI $152,830 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
3,242
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A full-floor, built-out workspace offers private elevator access in downtown Hollywood.
Where is this office unit located?
The property is located at 1720 Harrison St 7a Hollywood, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 5,581‑square‑foot, full‑floor office condominium; Private elevator access to the unit; Built‑out interior; currently vacant
