Private Second-Floor Office
For Sale
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2951 PEMBROKE Road, Hollywood, FL 33020
Private office space with access to a shared kitchenette, bathroom, and conference room.
Property Size300 SF
Price / SF$0.07
Days on Market30
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Property Features for 2951 PEMBROKE Road
General Information
Standard status
Active
Size
300 SF
Net Rentable
300 SF
Property subtype
Office
Additional Details
Floor
2
Amenities
shared kitchenette
bathroom
downstairs conference room
Acres: 0.73, Square Feet: 31767, Features: 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre
Roof: Other Roof/Roof Structure, Other
Sewer: Private Treatment Plant, Sewer, On-Site Treatment
Parcel Number: 514221064560, Tax Annual Amount: $84,024, Tax Legal Description: SOUTH HOLLYWOOD AMD PLAT 4-10 B PT OF LOTS 1,2,3,24,25 & 26 DESC'D AS,COMM AT SW COR OF LOT 26,N 65 TO POB,ELY 103.91, NLY ALG LTD ACC R/W/L, Tax Year: 2025
Flooring: Other
Cooling: Other
Heating: Other
Lease Considered, Special Listing Conditions: Lease, Standard Status: Active
Parking Total: 1, Features: Other
Construction Materials: Other, Stories: 1, Year Built: 2006, Building Area Total: 12842
County Or Parish: Broward County
Leasable Area Units: Square Feet
Electric On Property YN: t, Electric: Other Electric, Utilities: Other Utilities Available, Other
Possession: Other
Water Source: Public
Road Frontage Type: Other Road
Features: Other
Features: Other Fire Protection, Other
Building Details
Year Built
2006
Listing Agency:
CMV Realty LLC
(954) 914-9057
Listed By:
Gus Martinez · License #B26056408
(954) 394-7078
Source:
Riserealty
Added: Sep 16
Changed: Oct 15
Last Checked: Oct 14 at 11:58PM
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 CMV Realty LLC
Investment Insights
Based on property information with market context.
This approximately 300 RSF private office occupies the second floor of an established office facility at 2951 Pembroke Road in Hollywood, Florida. The space includes access to a shared kitchenette and bathroom, along with a conference room located downstairs.
The office facility was built in 2006 and is positioned on Pembroke Road in the 33020 area.
The office facility was built in 2006 and is positioned on Pembroke Road in the 33020 area.
Key Highlights
- Approximately 300 RSF private second‑floor office
- Shared kitchenette and bathroom access
- Downstairs conference room available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,792
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,840
$115.8K
Cap Rate 7%
$82,743
$82.7K
Cap Rate 9%
$64,356
$64.4K
Market Conditions
NOI Build-Up for 300 SF
Gross rent
$9.9K $33.00/SF
− Vacancy
−$2.2K −$7.26/SF
EGI
$7.7K $25.74/SF
− OpEx
−$1.9K −$6.44/SF
NOI
$5.8K $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%
$115,840
Cap Rate 7%
$82,743
Cap Rate 9%
$64,356
Alternative Uses
Best Use
Office B
$82.7K
$72.4K – $96.5K
NOI $5,792 @ 7.0% cap · market cap 28,960.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$117.4K
$102.7K – $136.9K
NOI $8,215 @ 7.0% cap · market cap 41,075.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
901
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 units - Private office space with access to a shared kitchenette, bathroom, and conference room.
Where is this office units located?
The property is located at 2951 PEMBROKE Road Hollywood, FL.
What are key features of this property?
This property features: Approximately 300 RSF private second‑floor office; Shared kitchenette and bathroom access; Downstairs conference room available
