Professional Office
1720 Harrison Street #8C Hollywood, FL 33020
For Sale
$375,000
Office suite with reception, conference room, multiple offices, and a private kitchenette and half bathroom.
Property Size744 SF
Price / SF$504.03
Days on Market46
Property Features for 1720 Harrison Street #8C
General Information
- Standard status
- Active
- Size
- 744 SF
- Property subtype
- Commercial
Listing Agency:
ATTORNEYS PROPERTY GROUP, LLC.
(305) 798-4142
Listed By:
GARY MANSFIELD · License #A11591464
Source:
Corcoran
Added: Jun 9
Changed: Jul 23
Last Checked: Jul 23 at 4:31PM
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.
Investment Insights
Based on property information with market context.
This professional office suite includes a waiting and reception area, a conference room, and two additional offices. The space also features an office with a sink, kitchenette, and a half bathroom, and is equipped with security cameras.
The office is located in a mixed-use residential and commercial 19-story condominium tower in Hollywood, just south of Young Circle Hollywood. Building amenities include a pool, gym, and a conference room, with security access and elevators locked down for commercial units during non-business days and hours. Owners have access devices for all hours.
The offering notes no on-site parking, with numerous public parking garages nearby. Monthly maintenance is listed as $1,028.
The office is located in a mixed-use residential and commercial 19-story condominium tower in Hollywood, just south of Young Circle Hollywood. Building amenities include a pool, gym, and a conference room, with security access and elevators locked down for commercial units during non-business days and hours. Owners have access devices for all hours.
The offering notes no on-site parking, with numerous public parking garages nearby. Monthly maintenance is listed as $1,028.
Key Highlights
- Office suite with waiting and reception area, conference room, and 2 additional offices
- Includes an office with sink plus a private kitchenette and a 1/2 bathroom
- Office equipped with security cameras
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 | $24.6k | $33.00 |
| − Vacancy | −$5.4k | −$7.26 |
| EGI | $19.2k | $25.74 |
| − OpEx | −$4.8k | −$6.44 |
| NOI | $14.4k | $19.31 |
744 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$205.2K
$179.5K – $239.4K
NOI $14,363 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$291.1K
$254.7K – $339.6K
NOI $20,374 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mayan Group
Real Estate Agency
Low voltage electrical ...
Electrical Service
Home Tower Condominium ...
Condominium Complex
Victor P De ...
Law Firm
Schneider Joseph L
Law Firm
FAQs
What type of property is this?
Office units - Office suite with reception, conference room, multiple offices, and a private kitchenette and half bathroom.
Where is this office units located?
The property is located at 1720 Harrison Street #8C Hollywood, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Office suite with waiting and reception area, conference room, and 2 additional offices; Includes an office with sink plus a private kitchenette and a 1/2 bathroom; Office equipped with security cameras
