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Turnkey Medical Office Suite

3800 S Ocean Dr Hollywood, FL 33019

3800 S Ocean Dr, Hollywood, FL, 33019
$1,128,000
For Sale
$1,128,000

COMMERCIAL - Other - Hollywood, FL

Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$564
Days on Market17

Property Features for 3800 S Ocean Dr

General Information

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

Utilities

Heating system
Electric (Heating)
Water source
Public

Building Details

Year built
1973
Floors in Building
1
Flooring type
Hardwood
Roof type
Flat
Architectural style
Other
Listing Agency CASTELL BLAU LLC
217 N 3800 S Ocean Dr, Hollywood, FL
Listed by Daniel Pimas · License #3508618
Added: Jul 2 Checked: Jul 18 at 12:06 am
MLS# 11866511

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.

Located in the Hallmark Building at 3800 S Ocean Dr in Hollywood, FL, this for-sale medical office suite is presented as a turnkey space sized at 2,000 square feet. The interior is configured with 11 private offices, hardwood flooring, and expansive windows that bring natural light into the suite.

The building sits diagonally across from the Diplomat Beach Resort, and it is described as being close to major medical centers and main transit routes, supporting convenient patient and staff access.

The offering also includes an optional custom remodeling program through the building’s General Contractor, with items such as in-office sink installations and structural reinforcements, plus a personalized reception area available separately.

Key Highlights

  • 2,000 sq. ft. office suite in the iconic Hallmark Building on Ocean Drive
  • Suite features 11 private offices suited for medical, dental, or psychological practices
  • Public water source and electric heating

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 $66.0k $33.00
− Vacancy −$14.5k −$7.26
EGI $51.5k $25.74
− OpEx −$12.9k −$6.44
NOI $38.6k $19.31
2,000 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$551.6K
$482.6K – $643.5K (±1% cap)
NOI $38,610 @ 7.0% cap · market cap 3.42%
Second Best
Healthcare Medical
$402.8K
$352.4K – $469.9K (±1% cap)
NOI $28,195 @ 7.0% cap · market cap 2.50%
Theoretical Best
Office A
$782.4K
$684.6K – $912.8K (±1% cap)
NOI $54,768 @ 7.0% cap · market cap 4.86%
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.

FAQs

What type of property is this?
Medical center - Sale-ready medical office suite with 11 private offices, hardwood floors, and large windows in the Hallmark Building.
Where is this medical center located?
The property is located at 3800 S Ocean Dr Hollywood, FL.
What is the asking price?
The asking price for this property is $1,128,000.
What are key features of this property?
This property features: 2,000 sq. ft. office suite in the iconic Hallmark Building on Ocean Drive; Suite features 11 private offices suited for medical, dental, or psychological practices; Public water source and electric heating
Contact an agent
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