Renovated Professional Office
New
For Sale
$725,000
3800 S Ocean Dr, Hollywood, FL 33019
Commercial Sale, Hollywood, FL
Property Size2,000 SF
Price / SF$362.50
Days on Market1
Property Features for 3800 S Ocean Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Mixed Use
Parking features
Driveway
Security features
Security System
Exterior features
Generator
Subdivision
Hollywood South Central Beach
Directions
3800 S Ocean Dr, Hollywood, FL 33019. The building is the Hallmark. Park in the guest parking or valet. Enter through the main lobby OFFICES (not Condo). Take the elevators to the 2nd floor. Unit 217 is on the 2nd floor.
Standard status
Active
APN
514226DL0190
Size
2,000 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8638
HOA Fee
$1,403 Monthly
Utilities
Heating system
Forced Air, Zoned, Electric (Heating)
Water source
Public
Amenities
24/7 security
access control
covered parking
valet
backup generator
Building Details
Year built
1987
Flooring type
Hardwood
Building materials
Stucco, Masonite
Roof type
Flat
Listing Agency:
CASTELL BLAU LLC
(786) 425-3185
Listed By:
Daniel Pimas · License #3508618
(305) 676-6090
Added: Oct 10
Last Checked: Oct 10 at 7:06PM
MLS# 12023220
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.
This 2,000-square-foot office suite in the Hallmark building includes 11 private offices, hardwood flooring, and canal views. The space was renovated and can be occupied as one suite or separated into two units with independent entrances. The building dates to 1987 and has a backup generator, 24-hour security and access control, covered parking, and valet service.
Located at 3800 S Ocean Dr in Hollywood, the property is diagonally across from the Diplomat Beach Resort. Aventura Mall and Fort Lauderdale-Hollywood International Airport are described as minutes away.
Located at 3800 S Ocean Dr in Hollywood, the property is diagonally across from the Diplomat Beach Resort. Aventura Mall and Fort Lauderdale-Hollywood International Airport are described as minutes away.
Key Highlights
- 2,000‑square‑foot office suite
- 11 private offices with hardwood flooring and canal views
- Can be divided into two independent units with separate entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,610
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,200
$772.2K
Cap Rate 7%
$551,571
$551.6K
Cap Rate 9%
$429,000
$429.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$66.0K $33.00/SF
− Vacancy
−$14.5K −$7.26/SF
EGI
$51.5K $25.74/SF
− OpEx
−$12.9K −$6.44/SF
NOI
$38.6K $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%
$772,200
Cap Rate 7%
$551,571
Cap Rate 9%
$429,000
Alternative Uses
Best Use
Office B
$551.6K
$482.6K – $643.5K
NOI $38,610 @ 7.0% cap · market cap 5.33%
Second Best
Healthcare Medical
$402.8K
$352.4K – $469.9K
NOI $28,195 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$782.4K
$684.6K – $912.8K
NOI $54,768 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,117
Businesses Nearby
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - The suite can remain intact or be configured as two office units, each with its own entrance.
Where is this office units located?
The property is located at 3800 S Ocean Dr Hollywood, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2,000‑square‑foot office suite; 11 private offices with hardwood flooring and canal views; Can be divided into two independent units with separate entrances
