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Downtown Hollywood Medical Office Space
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1911 Harrison St Combined Suites 2 3 7, Hollywood, FL 33020

213 sq ft medical office in downtown Hollywood for sale.

Property Size2,025 SF
Lot Size0.07 Acres
Price / SF$5.87
Days on Market220
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Property Features for 1911 Harrison St Combined Suites 2 3 7

General Information

Standard status Active
Size 2,025 SF
Lot size 0.07 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $18,329

Building Details

Building Size 2,025 SF
Year Built 1957
Listing Agency: Star Alliance Realty Inc
Listed By: Anna Stepchenko · License #3265345
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 6:21AM

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 Star Alliance Realty Inc

Investment Insights

Based on property information with market context.

This 213 sq ft office space, fully built-out and converted for medical use, is located in downtown Hollywood. The property is suitable for beauty, wellness, and medical services. The location offers high visibility and is surrounded by upscale retail, dining, and major transit routes.

Key Highlights

  • Fully built‑out and converted for medical use, ideal for beauty, wellness, and medical services.
  • Prime downtown Hollywood location with high visibility.
  • Located in an affluent area surrounded by upscale retail and dining.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$3,003
Suggested Prices Based on Cap Rates
Cap Rate 5%
$60,060 $60.1K
Cap Rate 7%
$42,900 $42.9K
Cap Rate 9%
$33,367 $33.4K
Market Conditions
NOI Build-Up for 213 SF
Gross rent
$5.6K $26.40/SF
− Vacancy
−$619 −$2.90/SF
EGI
$5.0K $23.50/SF
− OpEx
−$2.0K −$9.40/SF
NOI
$3.0K $14.10/SF
Area
Hollywood, FL
Vacancy
11.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$60,060
Cap Rate 7%
$42,900
Cap Rate 9%
$33,367

Alternative Uses

Best Use
Office B
$58.7K
$51.4K – $68.5K (±1% cap)
NOI $4,112 @ 7.0% cap · market cap 328.96%
Second Best
Healthcare Medical
$42.9K
$37.5K – $50.1K (±1% cap)
NOI $3,003 @ 7.0% cap · market cap 240.24%
Theoretical Best
Office A
$83.3K
$72.9K – $97.2K (±1% cap)
NOI $5,833 @ 7.0% cap · market cap 466.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant Grocery & Convenience Store Daycare Center Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - 213 sq ft medical office in downtown Hollywood for sale.
Where is this medical office space located?
The property is located at 1911 Harrison St Combined Suites 2 3 7 Hollywood, FL.
What are key features of this property?
This property features: Fully built‑out and converted for medical use, ideal for beauty, wellness, and medical services.; Prime downtown Hollywood location with high visibility.; Located in an affluent area surrounded by upscale retail and dining.
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