Medical Office Suite with Marble
For Sale
$340,000
3800 S Ocean Dr, Hollywood, FL 33019
Commercial Sale, Hollywood, FL
Property Size900 SF
Lot Size0.02 Acres
Price / SF$377.78
Days on Market125
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
0.02 Acres
Utilities
Heating system
Electric (Heating)
Water source
Public
Amenities
premium marble floors
two independent entrance doors
large windows
city views
Building Details
Year built
1973
Flooring type
Marble
Roof type
Flat
Listing Agency:
CASTELL BLAU LLC
Listed By:
Daniel Pimas · License #3508618
(786) 425-3185
Added: Jul 2
Changed: Oct 8
Last Checked: Nov 3 at 6:06PM
MLS# 11866589
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.
This 900 sq. ft. medical office suite is located within the Hallmark Building and features an open interior, marble flooring, and two independent entrances. Large windows bring natural light into the space, while the adaptable layout can accommodate exam rooms, a reception area, and patient waiting space. Optional remodeling services are available separately, including room partitions, in-office sink installation, and customized reception construction.
The property is positioned at 3800 S Ocean Dr in Hollywood, across diagonally from the Diplomat Beach Resort and near the beach. The building was constructed in 1973 and includes electric heating, public water service, and a flat roof.
The property is positioned at 3800 S Ocean Dr in Hollywood, across diagonally from the Diplomat Beach Resort and near the beach. The building was constructed in 1973 and includes electric heating, public water service, and a flat roof.
Key Highlights
- 900 sq. ft. medical office suite in the Hallmark Building
- Open‑plan layout with marble flooring and two independent entrance doors
- Large windows provide natural light and city views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,375
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,500
$347.5K
Cap Rate 7%
$248,214
$248.2K
Cap Rate 9%
$193,056
$193.1K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$29.7K $33.00/SF
− Vacancy
−$6.5K −$7.26/SF
EGI
$23.2K $25.74/SF
− OpEx
−$5.8K −$6.44/SF
NOI
$17.4K $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%
$347,500
Cap Rate 7%
$248,214
Cap Rate 9%
$193,056
Alternative Uses
Best Use
Office B
$248.2K
$217.2K – $289.6K
NOI $17,375 @ 7.0% cap · market cap 5.11%
Second Best
Healthcare Medical
$181.3K
$158.6K – $211.5K
NOI $12,688 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$352.1K
$308.1K – $410.8K
NOI $24,646 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Office units
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
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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 - Open-plan medical suite with two entrances, large windows, and a flexible interior layout for professional practice 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 $340,000.
What are key features of this property?
This property features: 900 sq. ft. medical office suite in the Hallmark Building; Open‑plan layout with marble flooring and two independent entrance doors; Large windows provide natural light and city views
