Office Condo with Floor-to-Ceiling
For Sale
$190,000
1720 Harrison Street 8b1, Hollywood, FL 33020
Office condo features floor-to-ceiling windows and includes furniture, a wet bar, and in-unit appliances space.
Property Size447 SF
Price / SF$425.06
Days on Market79
Property Features for 1720 Harrison Street 8b1
General Information
Standard status
Active
Size
447 SF
Additional Details
Furnished
Yes
Amenities
gym
pool
laundry room
onsite management and maintenance
Building Details
Year Built
1963
Listing Agency:
REF Realty Inc
Listed By:
Robert E Fuerst · License #A11876821
(954) 347-6831
Source:
Thepennteam
Added: Jul 21
Changed: Oct 3
Last Checked: Oct 5 at 10:40PM
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 REF Realty Inc
Investment Insights
Based on property information with market context.
This office condo offers a bright, modern work environment with floor-to-ceiling windows and an efficient interior layout. The unit includes a wet bar, space for a fridge and coffee maker, and a microwave, along with furniture such as a conference table and desks.
The building’s low-maintenance package is reported at $450 per month and includes onsite management and maintenance. Amenities listed in the remarks include a gym, a pool, and a laundry room.
Located at 1720 Harrison St in Hollywood, Florida, Suite 8B1 is offered for sale and is presented as a well-equipped office space for an owner-occupant or investor seeking a turnkey configuration.
The building’s low-maintenance package is reported at $450 per month and includes onsite management and maintenance. Amenities listed in the remarks include a gym, a pool, and a laundry room.
Located at 1720 Harrison St in Hollywood, Florida, Suite 8B1 is offered for sale and is presented as a well-equipped office space for an owner-occupant or investor seeking a turnkey configuration.
Key Highlights
- 1963‑built office condo with floor‑to‑ceiling windows
- Condo includes furniture such as a conference table and desks
- Unit features a wet bar and space for a fridge, coffee maker, and microwave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,629
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,580
$172.6K
Cap Rate 7%
$123,271
$123.3K
Cap Rate 9%
$95,878
$95.9K
Market Conditions
NOI Build-Up for 447 SF
Gross rent
$14.8K $33.00/SF
− Vacancy
−$3.2K −$7.26/SF
EGI
$11.5K $25.74/SF
− OpEx
−$2.9K −$6.44/SF
NOI
$8.6K $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%
$172,580
Cap Rate 7%
$123,271
Cap Rate 9%
$95,878
Alternative Uses
Best Use
Office B
$123.3K
$107.9K – $143.8K
NOI $8,629 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$174.9K
$153.0K – $204.0K
NOI $12,241 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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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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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Office condo features floor-to-ceiling windows and includes furniture, a wet bar, and in-unit appliances space.
Where is this office units located?
The property is located at 1720 Harrison Street 8b1 Hollywood, FL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 1963‑built office condo with floor‑to‑ceiling windows; Condo includes furniture such as a conference table and desks; Unit features a wet bar and space for a fridge, coffee maker, and microwave
