Ocean-View Retail
New
For Sale
Contact for pricing
327 Johnson Street, Hollywood, FL 33019
The space faces Margaritaville and has street parking and a parking garage across the street.
Property Size2,863 SF
Price / SF$0.03
Days on Market5
Property Features for 327 Johnson Street
General Information
Standard status
Active
Size
2,863 SF
Property subtype
Retail
Site & Location
Neighborhood
South Central Beach
Road Access
Yes
Building Details
Year Built
1951
Listing Agency:
Keter Estates LLC
Listed By:
Erica Mizrahi · License #3239938
(305) 761-1612
Source:
Lehmannflorida
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 3 at 6:45AM
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 Keter Estates LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space was built in 1951 and offers views of the ocean. It is located in Bandshell Plaza on Johnson Street, across from Margaritaville and next to two national tenants.
The property is in a pedestrian-oriented area of Hollywood Beach, with visitors and local residents contributing to foot traffic. Street parking is available, and a parking garage across the street provides another nearby parking option. The space is available for immediate occupancy, with flexible lease terms.
The property is in a pedestrian-oriented area of Hollywood Beach, with visitors and local residents contributing to foot traffic. Street parking is available, and a parking garage across the street provides another nearby parking option. The space is available for immediate occupancy, with flexible lease terms.
Key Highlights
- Retail space in Bandshell Plaza on Johnson Street
- Ocean views from the property
- Across the street from Margaritaville and beside two national tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,825
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,500
$796.5K
Cap Rate 7%
$568,929
$568.9K
Cap Rate 9%
$442,500
$442.5K
Market Conditions
NOI Build-Up for 2,863 SF
Gross rent
$61.8K $21.60/SF
− Vacancy
−$4.9K −$1.73/SF
EGI
$56.9K $19.87/SF
− OpEx
−$17.1K −$5.96/SF
NOI
$39.8K $13.91/SF
Area
Hollywood, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,500
Cap Rate 7%
$568,929
Cap Rate 9%
$442,500
Alternative Uses
Best Use
Retail
$568.9K
$497.8K – $663.8K
NOI $39,825 @ 7.0% cap · market cap 39,825.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$980.0K – $1.31M
NOI $78,400 @ 7.0% cap · market cap 78,400.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Explore this area
Business Placement
Demographics for 33019, FL
15,497
Population
12,453
Households
1.2
Avg Household Size
55
Median Age
60%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,188
Density / Sq Mi
$94,824
Median Household Income
$59,226
Median Earnings
$1,983
Median Rent
$631,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space faces Margaritaville and has street parking and a parking garage across the street.
Where is this retail space located?
The property is located at 327 Johnson Street Hollywood, FL.
What are key features of this property?
This property features: Retail space in Bandshell Plaza on Johnson Street; Ocean views from the property; Across the street from Margaritaville and beside two national tenants
