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Medical Office Suite with 5 Offices

3800 S Ocean Dr Hollywood, FL 33019

3800 S Ocean Dr, Hollywood, FL, 33019
$1,532,500
For Sale
$1,532,500

COMMERCIAL - Hollywood, FL

Property Size2,500 SF
Lot Size0.06 Acres
Price / SF$613
Days on Market16

Property Features for 3800 S Ocean Dr

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.06 Acres

Utilities

Heating system
Electric (Heating)

Building Details

Year built
1973
Flooring type
Marble
Roof type
Flat
Listing Agency CASTELL BLAU LLC
217 N 3800 S Ocean Dr, Hollywood, FL
Listed by Daniel Pimas · License #3508618
Added: Jul 2 Checked: Jul 17 at 12:06 pm
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.


Investment Insights

Based on property information with market context.

Medical office suite in the Hallmark Building offering a combination of two contiguous units. The layout includes five private offices, high ceilings, glass doors, and premium marble floors. The space also features smart lighting and central A/C.

Located at 3800 S Ocean Dr in Hollywood, Florida, the property is described as being across from the beach and near major highways, supporting convenient access for patients and staff.

For a tailored setup, optional custom remodeling services are offered through the provided general contractor. Options mentioned include in-office sink installations, structural reinforcements, and a customized reception, with those services available separately.

Key Highlights

  • 2,500 SF medical office space in the Hallmark Building with two contiguous units
  • Includes 5 private offices with high ceilings and glass doors
  • Premium marble flooring throughout

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $82.5k $33.00
− Vacancy −$18.2k −$7.26
EGI $64.4k $25.74
− OpEx −$16.1k −$6.44
NOI $48.3k $19.31
2,500 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$689.5K
$603.3K – $804.4K (±1% cap)
NOI $48,263 @ 7.0% cap · market cap 3.15%
Second Best
Healthcare Medical
$503.5K
$440.6K – $587.4K (±1% cap)
NOI $35,244 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$978.0K
$855.8K – $1.14M (±1% cap)
NOI $68,460 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Asseff Dental Dental Office MasterPOS (Bike/Boat/Book/etc) Store Amusement Consulting Arcade & Gaming Center Bryan Aulick Wedding ... Wedding Service Carlos Satulovsky MD ... Medical Clinic

Suggested Use

Daycare Center Grocery & Convenience Store Food Market Barber Shop Restaurant Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Petco Vaccination Clinic — 1470 E Hallandale Beach Blvd, Hallandale Beach, FL 33009

FAQs

What type of property is this?
Medical Office Space - Medical office suite in the Hallmark Building with five private offices, marble floors, and central A/C.
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 $1,532,500.
What are key features of this property?
This property features: 2,500 SF medical office space in the Hallmark Building with two contiguous units; Includes 5 private offices with high ceilings and glass doors; Premium marble flooring throughout
Contact an agent
More about this property
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