Remodeled Corner Office Above
For Sale
$595,000
3800 S Ocean Dr 212, Hollywood, FL 33019
Fully remodeled corner office with parking, ready to occupy.
Property Size1,226 SF
Price / SF$485.32
Days on Market217
Property Features for 3800 S Ocean Dr 212
General Information
Standard status
Active
Size
1,226 SF
Building Details
Year Built
1973
Listing Agency:
Prestige Luxury Real Estate
Listed By:
Marco Cunha
(305) 230-8884
Source:
Chenoregroup
Added: Mar 10
Changed: Oct 4
Last Checked: Oct 7 at 1:08PM
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 Prestige Luxury Real Estate
Investment Insights
Based on property information with market context.
This 1,226-square-foot corner office is located directly above Citibank. The renovated office features wallpapered walls, including in the kitchen, drop ceilings with recessed LED lights, and customized furniture. It is equipped with two 75-inch TVs and five computers with multi-monitor setups. The property includes three parking spaces, one on the ground floor and two on the 4th floor. This is a turnkey sale.
Key Highlights
- Fully remodeled corner office above Citibank
- Includes 3 parking spaces
- Turnkey sale: High‑quality customized furniture, two 75‑inch TVs, and 5 computers with multi‑monitor setups included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,668
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,360
$473.4K
Cap Rate 7%
$338,114
$338.1K
Cap Rate 9%
$262,978
$263.0K
Market Conditions
NOI Build-Up for 1,226 SF
Gross rent
$40.5K $33.00/SF
− Vacancy
−$8.9K −$7.26/SF
EGI
$31.6K $25.74/SF
− OpEx
−$7.9K −$6.44/SF
NOI
$23.7K $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%
$473,360
Cap Rate 7%
$338,114
Cap Rate 9%
$262,978
Alternative Uses
Best Use
Office B
$338.1K
$295.9K – $394.5K
NOI $23,668 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$479.6K
$419.7K – $559.6K
NOI $33,573 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,117
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Fully remodeled corner office with parking, ready to occupy.
Where is this office units located?
The property is located at 3800 S Ocean Dr 212 Hollywood, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Fully remodeled corner office above Citibank; Includes 3 parking spaces; Turnkey sale: High‑quality customized furniture, two 75‑inch TVs, and 5 computers with multi‑monitor setups included
