Office Unit With Conference
For Sale
$350,000
1720 Harrison St #8C, Hollywood, FL 33020
A 744-square-foot suite offers reception, three offices, a kitchenette, and a half bathroom.
Property Size744 SF
Price / SF$470.43
Days on Market10
Property Features for 1720 Harrison St #8C
General Information
Standard status
Active
Size
744 SF
Property subtype
Commercial
Zoning
YC
Site & Location
Neighborhood
Hollywood Lakes
Taxes and HOA fees
Annual Taxes
$3,109
Building Details
Building Size
744 SF
Stories
3
Listing Agency:
Attorneys Property Group, LLC.
Listed By:
Gary Mansfield · License #0705744
(954) 601-5600
Source:
Futureoptionrealty
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 29 at 10:47PM
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 Attorneys Property Group, LLC.
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Investment Insights
Based on property information with market context.
This 744-square-foot office unit at 1720 Harrison St, Suite 8C, is arranged with a waiting and reception area, conference room, and three additional offices; one office has a sink. A kitchenette and half bathroom complete the suite. Zoning is YC.
The office is within a 19-story mixed-use condominium tower with residential and commercial space, a pool, gym, and building conference room. Security cameras are installed, and commercial-unit elevators are restricted outside business hours. Owners have access devices for entry at all hours. There is no on-site parking; public parking garages are located nearby.
The office is within a 19-story mixed-use condominium tower with residential and commercial space, a pool, gym, and building conference room. Security cameras are installed, and commercial-unit elevators are restricted outside business hours. Owners have access devices for entry at all hours. There is no on-site parking; public parking garages are located nearby.
Key Highlights
- 744‑square‑foot office suite at 1720 Harrison St, Suite 8C
- Reception and waiting area, conference room, and three additional offices
- One office includes a sink; suite also has a kitchenette and half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,363
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,260
$287.3K
Cap Rate 7%
$205,186
$205.2K
Cap Rate 9%
$159,589
$159.6K
Market Conditions
NOI Build-Up for 744 SF
Gross rent
$24.6K $33.00/SF
− Vacancy
−$5.4K −$7.26/SF
EGI
$19.2K $25.74/SF
− OpEx
−$4.8K −$6.44/SF
NOI
$14.4K $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%
$287,260
Cap Rate 7%
$205,186
Cap Rate 9%
$159,589
Alternative Uses
Best Use
Office B
$205.2K
$179.5K – $239.4K
NOI $14,363 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$291.1K
$254.7K – $339.6K
NOI $20,374 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Location Intelligence
Trade Area within ½ mile
3,242
Businesses Nearby
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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 744-square-foot suite offers reception, three offices, a kitchenette, and a half bathroom.
Where is this office unit located?
The property is located at 1720 Harrison St #8C Hollywood, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 744‑square‑foot office suite at 1720 Harrison St, Suite 8C; Reception and waiting area, conference room, and three additional offices; One office includes a sink; suite also has a kitchenette and half bathroom
