Combined Office Condo
2450 HOLLYWOOD Boulevard Unit CU306 & Hollywood, FL 33020
2450 HOLLYWOOD Boulevard Unit CU306 &, Hollywood, FL, 33020
$399,000
For Sale
$399,000
Two combined office condos totaling about 860 SF with reception, private office/conference room, kitchen, storage, and two newer A/C units.
Property Size860 SF
Price / SF$463.95
Days on Market8
Property Features for 2450 HOLLYWOOD Boulevard Unit CU306 &
General Information
- Standard status
- Active
- Size
- 860 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1975
Listing Agency
Keller Williams Realty Profess
(954) 593-7467
Listed by
Michael Baran · License #3180096
(954) 593-7467
Source
Xome
Added: Jul 11 Checked: Jul 18 at 2:52 am
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 Keller Williams Realty Profess
Investment Insights
Based on property information with market context.
This offering consists of two combined office condos totaling approximately 860 square feet within the Center Court Commercial building. The functional layout includes a spacious reception/main office area, a private executive office or conference room, a kitchen/break room, and storage.
The building features a professional lobby, elevator access, and ample guest parking. The suite includes two deeded parking spaces and two newer A/C units.
Located on Hollywood Boulevard with convenient access to I-95, US-1, Downtown Hollywood, Fort Lauderdale, and Miami, the property is suited for professional or medical office use.
The building features a professional lobby, elevator access, and ample guest parking. The suite includes two deeded parking spaces and two newer A/C units.
Located on Hollywood Boulevard with convenient access to I-95, US-1, Downtown Hollywood, Fort Lauderdale, and Miami, the property is suited for professional or medical office use.
Key Highlights
- Two combined office condos totaling approx. 860 SF in the Center Court Commercial building
- Functional layout includes reception/main office, private office or conference room, kitchen/break room, and storage
- Two newer A/C units included
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 | $28.4k | $33.00 |
| − Vacancy | −$6.2k | −$7.26 |
| EGI | $22.1k | $25.74 |
| − OpEx | −$5.5k | −$6.44 |
| NOI | $16.6k | $19.31 |
860 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$237.2K
$207.5K – $276.7K
NOI $16,602 @ 7.0% cap · market cap 4.16%
Second Best
Healthcare Medical
$173.2K
$151.6K – $202.1K
NOI $12,124 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$336.4K
$294.4K – $392.5K
NOI $23,550 @ 7.0% cap · market cap 5.90%
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
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FAQs
What type of property is this?
Office units - Two combined office condos totaling about 860 SF with reception, private office/conference room, kitchen, storage, and two newer A/C units.
Where is this office units located?
The property is located at 2450 HOLLYWOOD Boulevard Unit CU306 & Hollywood, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two combined office condos totaling approx. 860 SF in the Center Court Commercial building; Functional layout includes reception/main office, private office or conference room, kitchen/break room, and storage; Two newer A/C units included
