Downtown Hollywood Office
For Sale
$1,450,000
1720 Harrison St # 7A, Hollywood, FL 33020
Vacant, move-in ready office condo in Downtown Hollywood.
Property Size5,581 SF
Days on Market269
Property Features for 1720 Harrison St # 7A
General Information
Standard status
Active
Size
5,581 SF
Property subtype
Office
Site & Location
Neighborhood
Hollywood Lakes
Taxes and HOA fees
Annual Taxes
$18,175
Building Details
Building Size
5,581 SF
Year Built
1964
Listing Agency:
RE/MAX 5 Star Realty
Listed By:
John DeMarco · License #3134747
(954) 453-1000
Source:
Relinkre
Added: Feb 3
Changed: Oct 25
Last Checked: Oct 28 at 4:14PM
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.
Located in the heart of Downtown Hollywood on Young Circle, Unit #7A at 1720 Harrison Street is a full-floor, vacant office condominium. The suite is fully built out and move-in ready. It features private elevator access. The layout supports a range of office uses, making it ideal for an owner-user seeking a centralized and efficient workspace. The property is positioned near dining, retail, and major transportation corridors. The location benefits from strong visibility and continued downtown growth. The area is very bikeable with a bike score of 75 and very walkable with a walk score of 86. The transit score is 43, indicating some transit options are available.
Key Highlights
- Move‑in ready, full‑floor office condominium.
- Private elevator access for enhanced privacy and professional presence.
- Prime Downtown Hollywood location on Young Circle.
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
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 - Vacant, move-in ready office condo 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: Move‑in ready, full‑floor office condominium.; Private elevator access for enhanced privacy and professional presence.; Prime Downtown Hollywood location on Young Circle.
