Move-In-Ready Office
2450 Hollywood Blvd Unit CU605 Hollywood, FL 33020
For Sale
$542,000
Office condo includes reception, private office, break room, and reserved parking in a ground-floor lobby setting.
Property Size920 SF
Price / SF$589.13
Days on Market95
Property Features for 2450 Hollywood Blvd Unit CU605
General Information
- Standard status
- Active
- Size
- 920 SF
- Property subtype
- Office
Building Details
- Year Built
- 1975
Listing Agency:
RE/MAX 5 Star Realty
(954) 453-1000
Listed By:
John DeMarco · License #A11697377
(954) 453-1000
Source:
Xome
Added: Apr 21
Changed: Jul 23
Last Checked: Jul 23 at 6:17PM
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 offers a move-in-ready interior with a reception area, waiting area, private office, and a break room. The building provides a professional ground-floor reception lobby and elevator access, along with public restrooms on every floor.
The suite is positioned directly on Hollywood Boulevard, supporting visibility and convenient access to major roadways. One reserved parking space is included, and additional guest parking is available at the rear of the property.
Ideal for a range of professional uses, this ground-floor office condo configuration is designed for straightforward tenant or owner-occupant use.
The suite is positioned directly on Hollywood Boulevard, supporting visibility and convenient access to major roadways. One reserved parking space is included, and additional guest parking is available at the rear of the property.
Ideal for a range of professional uses, this ground-floor office condo configuration is designed for straightforward tenant or owner-occupant use.
Key Highlights
- 920 SF office condo with a built‑out layout including reception, waiting area, private office, and break room
- Ground‑floor professional reception lobby with elevator access and public restrooms on every floor
- One reserved parking space included, plus ample guest parking at the rear of the property
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 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.9K
$314.9K – $419.9K
NOI $25,193 @ 7.0% cap · market cap 4.65%
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
FAQs
What type of property is this?
Office units - Office condo includes reception, private office, break room, and reserved parking in a ground-floor lobby setting.
Where is this office units located?
The property is located at 2450 Hollywood Blvd Unit CU605 Hollywood, FL.
What is the asking price?
The asking price for this property is $542,000.
What are key features of this property?
This property features: 920 SF office condo with a built‑out layout including reception, waiting area, private office, and break room; Ground‑floor professional reception lobby with elevator access and public restrooms on every floor; One reserved parking space included, plus ample guest parking at the rear of the property
