Professional Office in Prime
For Sale
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2450 Hollywood Blvd CU404, Hollywood, FL 33020
Office space with convenient parking and lobby attendant.
Property Size210 SF
Days on Market204
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Property Features for 2450 Hollywood Blvd CU404
General Information
Standard status
Active
Size
210 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,549
Building Details
Building Size
210 SF
Year Built
1975
Listing Agency:
Stirling Real Estate
Listed By:
Stirling Ambrose · License #3122638
(954) 534-9740
Source:
Elliman
Added: Mar 26
Changed: Aug 8
Last Checked: Aug 8 at 6:29AM
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 Stirling Real Estate
Investment Insights
Based on property information with market context.
This office space is suitable for starting a business, meeting customers, or establishing a business address. The location offers convenient onsite parking and a lobby front desk attendant. A digital office directory is available for businesses. Short term or annual leases are available.
Key Highlights
- All‑inclusive rent covering utilities and services
- Convenient on‑site parking available
- Lobby front desk attendant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,054
Suggested Prices Based on Cap Rates
Cap Rate 5%
$81,080
$81.1K
Cap Rate 7%
$57,914
$57.9K
Cap Rate 9%
$45,044
$45.0K
Market Conditions
NOI Build-Up for 210 SF
Gross rent
$6.9K $33.00/SF
− Vacancy
−$1.5K −$7.26/SF
EGI
$5.4K $25.74/SF
− OpEx
−$1.4K −$6.44/SF
NOI
$4.1K $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%
$81,080
Cap Rate 7%
$57,914
Cap Rate 9%
$45,044
Alternative Uses
Best Use
Office B
$57.9K
$50.7K – $67.6K
NOI $4,054 @ 7.0% cap · market cap 491.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$82.2K
$71.9K – $95.9K
NOI $5,751 @ 7.0% cap · market cap 697.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,422
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
Check the figures for this property
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 units - Office space with convenient parking and lobby attendant.
Where is this office units located?
The property is located at 2450 Hollywood Blvd CU404 Hollywood, FL.
What are key features of this property?
This property features: All‑inclusive rent covering utilities and services; Convenient on‑site parking available; Lobby front desk attendant
