Two-Room Office
For Sale
Contact for pricing
1911 Harrison Street #1, Hollywood, FL 33020
A connecting interior doorway allows the two-room layout to function as separate offices or one open workspace.
Property Size2,025 SF
Price / SF$0.91
Days on Market10
Property Features for 1911 Harrison Street #1
General Information
Standard status
Active
Size
2,025 SF
Property subtype
Office
Site & Location
Neighborhood
Park Side
Building Details
Year Built
1957
Listing Agency:
Star Alliance Realty Inc
Listed By:
Anna Y Stepchenko · License #3265345
(305) 824-7157
Source:
Lehmannflorida
Added: Oct 23
Changed: Oct 31
Last Checked: Oct 30 at 5:11PM
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
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Investment Insights
Based on property information with market context.
This 345-square-foot office unit is arranged as two rooms joined by an interior door, with the option to open the space into a single larger area. Flooring and neutral finishes are in place. The building dates to 1957.
The unit is at 1911 Harrison St, Unit 1, in Hollywood, Florida.
The unit is at 1911 Harrison St, Unit 1, in Hollywood, Florida.
Key Highlights
- 345 square feet of office space
- Two rooms linked by an interior door
- Layout can be opened into a larger shared area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,093
Suggested Prices Based on Cap Rates
Cap Rate 5%
$781,860
$781.9K
Cap Rate 7%
$558,471
$558.5K
Cap Rate 9%
$434,367
$434.4K
Market Conditions
NOI Build-Up for 2,025 SF
Gross rent
$66.8K $33.00/SF
− Vacancy
−$14.7K −$7.26/SF
EGI
$52.1K $25.74/SF
− OpEx
−$13.0K −$6.44/SF
NOI
$39.1K $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%
$781,860
Cap Rate 7%
$558,471
Cap Rate 9%
$434,367
Alternative Uses
Best Use
Office B
$558.5K
$488.7K – $651.6K
NOI $39,093 @ 7.0% cap · market cap 2,113.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$792.2K
$693.2K – $924.2K
NOI $55,453 @ 7.0% cap · market cap 2,997.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,515
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A connecting interior doorway allows the two-room layout to function as separate offices or one open workspace.
Where is this office unit located?
The property is located at 1911 Harrison Street #1 Hollywood, FL.
What are key features of this property?
This property features: 345 square feet of office space; Two rooms linked by an interior door; Layout can be opened into a larger shared area
