Renovated Office
For Sale
Contact for pricing
2500 Hollywood Boulevard #302, Hollywood, FL 33020
Professional office space with controlled access, updated common areas, and adaptable layouts.
Property Size33,566 SF
Price / SF$0.04
Days on Market80
Property Features for 2500 Hollywood Boulevard #302
General Information
Standard status
Active
Size
33,566 SF
Property subtype
Office
Additional Details
Floor
311
Building Details
Year Built
1974
Listing Agency:
The Corcoran Group
(305) 677-2036
Listed By:
Yariv Mizrahi · License #3534026
(347) 680-3543
Source:
Lehmannflorida
Added: Aug 4
Changed: Oct 21
Last Checked: Oct 20 at 9:04PM
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 The Corcoran Group
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Investment Insights
Based on property information with market context.
Unit 311 offers office space within The 2500 Building, a 1974 property that has undergone a comprehensive renovation. Improvements include refreshed common areas and restrooms, controlled-access entry points, modern building systems, polished stone flooring, and updated interior detailing. Office layouts begin at 350 SF, providing options for smaller professional practices and growing firms.
The property is located at 2500 Hollywood Boulevard in Hollywood, Florida. The building includes a tenant mix of accountants, attorneys, and real estate professionals, creating an established professional-office setting. Unit 311 combines a renovated building environment with flexible space configurations for a range of office requirements.
The property is located at 2500 Hollywood Boulevard in Hollywood, Florida. The building includes a tenant mix of accountants, attorneys, and real estate professionals, creating an established professional-office setting. Unit 311 combines a renovated building environment with flexible space configurations for a range of office requirements.
Key Highlights
- Office layouts starting at 350 SF
- Comprehensive renovation with updated building systems
- Refreshed common areas and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$647,992
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,959,840
$13.0M
Cap Rate 7%
$9,257,029
$9.3M
Cap Rate 9%
$7,199,911
$7.2M
Market Conditions
NOI Build-Up for 33,566 SF
Gross rent
$1.11M $33.00/SF
− Vacancy
−$243.7K −$7.26/SF
EGI
$864.0K $25.74/SF
− OpEx
−$216.0K −$6.44/SF
NOI
$648.0K $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%
$12,959,840
Cap Rate 7%
$9,257,029
Cap Rate 9%
$7,199,911
Alternative Uses
Best Use
Office B
$9.26M
$8.10M – $10.80M
NOI $647,992 @ 7.0% cap · market cap 53,999.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.13M
$11.49M – $15.32M
NOI $919,171 @ 7.0% cap · market cap 76,597.58%
Zoning and permitted uses should be independently verified with authorities.
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office space with controlled access, updated common areas, and adaptable layouts.
Where is this office unit located?
The property is located at 2500 Hollywood Boulevard #302 Hollywood, FL.
What are key features of this property?
This property features: Office layouts starting at 350 SF; Comprehensive renovation with updated building systems; Refreshed common areas and restrooms
