Freestanding Two-Story Office
For Sale
Contact for pricing
2590 Hollywood Blvd, Hollywood, FL 33020
The property combines TC-1 zoning with a modern buildout for professional office use.
Property Size10,104 SF
Price / SF$593.33
Days on Market87
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Property Features for 2590 Hollywood Blvd
General Information
Standard status
Active
Size
10,104 SF
Property subtype
OFFICE
Zoning
TC-1
Building Details
Year Built
1988
Buildings
1
Stories
2
Building Size
10,104 SF
Listing Agency:
RE/MAX - 5 Star Realty | Hollywood
(954) 361-0000
Listed By:
John DeMarco · License #A12052614
(954) 453-1000
Source:
Moodyscre
Added: Jul 21
Changed: Oct 13
Last Checked: Oct 14 at 10:14PM
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 | Hollywood
Investment Insights
Based on property information with market context.
This freestanding office building provides 10,104 SF across two stories and was constructed in 1988. The interior includes a high-end modern buildout, while the two-story configuration supports functional separation of office areas.
Located at 2590 Hollywood Blvd in Hollywood, Florida, the property carries TC-1 zoning. The stated use potential includes general office occupancy, a law firm, or a corporate headquarters, providing a clear professional-office orientation for the building.
Located at 2590 Hollywood Blvd in Hollywood, Florida, the property carries TC-1 zoning. The stated use potential includes general office occupancy, a law firm, or a corporate headquarters, providing a clear professional-office orientation for the building.
Key Highlights
- 10,104 SF freestanding office building
- Two‑story configuration for functional space utilization
- Constructed in 1988
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$195,058
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,901,160
$3.9M
Cap Rate 7%
$2,786,543
$2.8M
Cap Rate 9%
$2,167,311
$2.2M
Market Conditions
NOI Build-Up for 10,104 SF
Gross rent
$333.4K $33.00/SF
− Vacancy
−$73.4K −$7.26/SF
EGI
$260.1K $25.74/SF
− OpEx
−$65.0K −$6.44/SF
NOI
$195.1K $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%
$3,901,160
Cap Rate 7%
$2,786,543
Cap Rate 9%
$2,167,311
Alternative Uses
Best Use
Office B
$2.79M
$2.44M – $3.25M
NOI $195,058 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.95M
$3.46M – $4.61M
NOI $276,688 @ 7.0% cap · market cap 4.62%
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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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 building - The property combines TC-1 zoning with a modern buildout for professional office use.
Where is this office building located?
The property is located at 2590 Hollywood Blvd Hollywood, FL.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: 10,104 SF freestanding office building; Two‑story configuration for functional space utilization; Constructed in 1988
