Medical Office with Marble
For Sale
$1,275,000
3800 S Ocean Dr, Hollywood, FL 33019
Commercial Sale, Hollywood, FL
Property Size2,600 SF
Lot Size0.06 Acres
Price / SF$490.38
Days on Market109
Property Features for 3800 S Ocean Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Mixed Use
Subdivision
Hollywood Beach
View
City
Directions
From I-95, exit on Hollywood Blvd and head East toward the beach. Turn right (South) onto S Ocean Dr (A1A). Proceed to 3800 S Ocean Dr. The Hallmark Building will be on your right (West side of the street), diagonally across from the Diplomat Beach Resort.
Standard status
Active
Lot size
0.06 Acres
Utilities
Heating system
Electric (Heating)
Amenities
high ceilings
glass doors
premium marble floors
smart lighting
central A/C
Building Details
Year built
1973
Flooring type
Marble
Roof type
Flat
Listing Agency:
CASTELL BLAU LLC
Listed By:
Daniel Pimas
(786) 425-3185
Added: Jul 2
Changed: Oct 8
Last Checked: Oct 18 at 12:06PM
MLS# 11866621
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The property combines two adjoining medical office suites totaling approximately 2,600 square feet. Its layout includes five private offices, high ceilings, glass doors, and marble flooring, with smart lighting and central air conditioning. The building dates to 1973.
At 3800 S Ocean Dr in Hollywood, the offices are across from the beach. The combined suite offering provides a single medical office configuration within the Hallmark Building.
At 3800 S Ocean Dr in Hollywood, the offices are across from the beach. The combined suite offering provides a single medical office configuration within the Hallmark Building.
Key Highlights
- Two connected suites totaling 2,600 sq. ft.
- Five private offices
- Marble flooring, glass doors, and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,193
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,860
$1.0M
Cap Rate 7%
$717,043
$717.0K
Cap Rate 9%
$557,700
$557.7K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$85.8K $33.00/SF
− Vacancy
−$18.9K −$7.26/SF
EGI
$66.9K $25.74/SF
− OpEx
−$16.7K −$6.44/SF
NOI
$50.2K $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%
$1,003,860
Cap Rate 7%
$717,043
Cap Rate 9%
$557,700
Alternative Uses
Best Use
Office B
$717.0K
$627.4K – $836.6K
NOI $50,193 @ 7.0% cap · market cap 3.94%
Second Best
Healthcare Medical
$523.6K
$458.2K – $610.9K
NOI $36,654 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.02M
$890.0K – $1.19M
NOI $71,198 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,117
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Petco Vaccination Clinic — 1470 E Hallandale Beach Blvd, Hallandale Beach, FL 33009
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two connected suites offer private offices, central air conditioning, and a finished interior suited to clinical use.
Where is this medical office space located?
The property is located at 3800 S Ocean Dr Hollywood, FL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Two connected suites totaling 2,600 sq. ft.; Five private offices; Marble flooring, glass doors, and high ceilings
