Marble-Floored Medical Office
New
For Sale
$275,000
3800 S Ocean Dr, Hollywood, FL 33019
Commercial Sale, Hollywood, FL
Property Size500 SF
Lot Size0.01 Acres
Price / SF$550
Days on Market4
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
APN
514226DL0240
Lot size
0.01 Acres
Utilities
Heating system
Electric (Heating)
Building Details
Year built
1973
Flooring type
Marble
Roof type
Flat
Listing Agency:
CASTELL BLAU LLC
(786) 425-3185
Listed By:
Daniel Pimas · License #3508618
(305) 676-6090
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 12 at 3:06AM
MLS# 12019642
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.
Suite 226 in the Hallmark Building provides approximately 500 square feet of medical office space. The interior has high ceilings, glass doors, marble flooring, smart lighting, and central air conditioning. The building dates to 1973.
At 3800 S Ocean Dr in Hollywood, the property is across from the beach and near major highways. Suite 226 is currently leased together with part of Suite 224, and its sale may require purchasing Suite 224 as well. The suites are described as totaling approximately 2,600 square feet when offered together.
At 3800 S Ocean Dr in Hollywood, the property is across from the beach and near major highways. Suite 226 is currently leased together with part of Suite 224, and its sale may require purchasing Suite 224 as well. The suites are described as totaling approximately 2,600 square feet when offered together.
Key Highlights
- Approximately 500 square feet in Suite 226
- High ceilings, glass doors, marble flooring, smart lighting, and central A/C
- Across from the beach and near major highways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,653
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,060
$193.1K
Cap Rate 7%
$137,900
$137.9K
Cap Rate 9%
$107,256
$107.3K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$16.5K $33.00/SF
− Vacancy
−$3.6K −$7.26/SF
EGI
$12.9K $25.74/SF
− OpEx
−$3.2K −$6.44/SF
NOI
$9.7K $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%
$193,060
Cap Rate 7%
$137,900
Cap Rate 9%
$107,256
Alternative Uses
Best Use
Office B
$137.9K
$120.7K – $160.9K
NOI $9,653 @ 7.0% cap · market cap 3.51%
Second Best
Healthcare Medical
$100.7K
$88.1K – $117.5K
NOI $7,049 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$195.6K
$171.2K – $228.2K
NOI $13,692 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
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
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - High ceilings, glass entry doors, marble flooring, and central air conditioning shape the suite’s interior.
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 $275,000.
What are key features of this property?
This property features: Approximately 500 square feet in Suite 226; High ceilings, glass doors, marble flooring, smart lighting, and central A/C; Across from the beach and near major highways
