Move-In-Ready Office Condo
2450 Hollywood Boulevard #CU605 Hollywood, FL 33020
2450 Hollywood Boulevard #CU605, Hollywood, FL, 33020
$498,000
For Sale
$498,000
920 SF office condo with reception, waiting area, private office, and break room, plus reserved parking.
Property Size920 SF
Price / SF$541.30
Days on Market44
Property Features for 2450 Hollywood Boulevard #CU605
General Information
- Standard status
- Active
- Size
- 920 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing agency
RE/MAX 5 STAR REALTY
(954) 453-1000
Listed by
JOHN DEMARCO · License #A12006843
Source
Corcoran
Added: Jun 9 Updated: Jul 20 at 4:48PM Checked: Jul 21 at 4:50AM
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 RE/MAX 5 STAR REALTY
Investment Insights
Based on property information with market context.
This 920 SF office condo suite offers a functional, move-in-ready layout. The interior includes a reception area, a waiting area, a private office, and a break room, providing a practical setup for day-to-day operations.
The building includes a professional ground-floor reception lobby and elevator access, with public restrooms available on every floor. The unit is positioned directly on Hollywood Boulevard, offering strong visibility and convenient access to major roadways. One reserved parking space is included, and there is ample guest parking available at the rear of the property.
Overall, the space is designed as a self-contained office unit within a professionally managed building environment.
The building includes a professional ground-floor reception lobby and elevator access, with public restrooms available on every floor. The unit is positioned directly on Hollywood Boulevard, offering strong visibility and convenient access to major roadways. One reserved parking space is included, and there is ample guest parking available at the rear of the property.
Overall, the space is designed as a self-contained office unit within a professionally managed building environment.
Key Highlights
- 920 SF office condo built in 1975
- Suite built out with reception area, waiting area, private office, and break room
- Ground‑floor professional reception lobby plus elevator access
Local 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 | $30.4k | $33.00 |
| − Vacancy | −$6.7k | −$7.26 |
| EGI | $23.7k | $25.74 |
| − OpEx | −$5.9k | −$6.44 |
| NOI | $17.8k | $19.31 |
920 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$253.7K
$222.0K – $296.0K
NOI $17,761 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.9K
$314.9K – $419.9K
NOI $25,193 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
AMV Legal Group ...
Law Firm
EduPlan
Training Center
Michelle Olds- Coastal ...
Real Estate Agency
Health Options USA
Insurance Agency
Genesis University
Religious School
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 920 SF office condo with reception, waiting area, private office, and break room, plus reserved parking.
Where is this office units located?
The property is located at 2450 Hollywood Boulevard #CU605 Hollywood, FL.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: 920 SF office condo built in 1975; Suite built out with reception area, waiting area, private office, and break room; Ground‑floor professional reception lobby plus elevator access
