Office Suite with Private
New
For Sale
$340,000
3800 S Ocean Dr, Hollywood, FL 33019
Commercial Sale, Hollywood, FL
Property Size900 SF
Price / SF$377.78
Days on Market2
Property Features for 3800 S Ocean Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Mixed Use
Pool private
1
Subdivision
Hollywood South Central Beach
View
Water
Directions
Address: 3800 S Ocean Dr, Hollywood, FL 33019. Building: The Hallmark. Please use guest parking or valet service. Enter through the main lobby OFFICE and take the elevators to the 2nd floor. Unit 218 is located in the hallway clearly marked.
Standard status
Active
APN
514226DL0200
Size
900 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4578
HOA Fee
$659 Monthly
Utilities
Heating system
Forced Air, Electric (Heating), Zoned
Water source
Public
Amenities
24/7 security
access control
covered parking
valet
backup generator
marble floors
high ceilings
Building Details
Year built
1987
Floors in Building
1
Flooring type
Marble
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 11 at 7:06PM
MLS# 12023225
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 900-square-foot office suite is located in the Hallmark building at 3800 S Ocean Dr. Its interior includes four private offices, marble flooring, high ceilings, and two independent entrances. The suite also has views of Ocean Drive and is described as ready for occupancy. The building was constructed in 1987.
Building features include 24/7 security and access control, covered parking, valet service, and a backup generator. The property sits near the Hollywood and Hallandale Beach boundary, diagonally across from the Diplomat Beach Resort. A gross lease structure is also noted.
Building features include 24/7 security and access control, covered parking, valet service, and a backup generator. The property sits near the Hollywood and Hallandale Beach boundary, diagonally across from the Diplomat Beach Resort. A gross lease structure is also noted.
Key Highlights
- 900‑square‑foot office suite with four private offices
- Two independent entrances and views of Ocean Drive
- Marble flooring and high ceilings
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
—
—
no second resolved use
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.
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 - Four enclosed offices and two separate entrances create a flexible layout for professional operations.
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 $340,000.
What are key features of this property?
This property features: 900‑square‑foot office suite with four private offices; Two independent entrances and views of Ocean Drive; Marble flooring and high ceilings
