Hollywood Commercial Spaces For
For Sale
$1,850,000
5000 Hollywood Boulevard, Hollywood, FL 33021
Seven commercial spaces in one building on Hollywood Blvd.
Property Size9,248 SF
Days on Market202
Property Features for 5000 Hollywood Boulevard
General Information
Standard status
Active
Size
9,248 SF
Total Parking Spaces
29
Zoning
OM
Taxes and HOA fees
Annual Taxes
$34,211
Amenities
Other
Building Details
Building Size
9,248 SF
Year Built
1972
Stories
2
Listing Agency:
Compass Florida, LLC
Listed By:
Rachel C Buemi · License #3407253
(954) 477-7332
Source:
Evrealestate
Added: Mar 27
Changed: Oct 3
Last Checked: Oct 12 at 6:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC
Investment Insights
Based on property information with market context.
This property features seven commercial spaces within a single building, situated on a busy highway in Hollywood. It offers 29 parking spaces. The location provides convenient access to both I-95 and the Turnpike. The property is suitable for various types of businesses and offices. The walk score is 62, indicating it is somewhat walkable. The bike score is 45, meaning it is somewhat bikeable. The transit score is 27, suggesting some transit options are available.
Key Highlights
- Prime location on the busiest highway in Hollywood
- Seven commercial spaces within one building
- 29 parking spaces included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,643
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,572,860
$2.6M
Cap Rate 7%
$1,837,757
$1.8M
Cap Rate 9%
$1,429,367
$1.4M
Market Conditions
NOI Build-Up for 9,248 SF
Gross rent
$199.8K $21.60/SF
− Vacancy
−$16.0K −$1.73/SF
EGI
$183.8K $19.87/SF
− OpEx
−$55.1K −$5.96/SF
NOI
$128.6K $13.91/SF
Area
Hollywood, FL
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,572,860
Cap Rate 7%
$1,837,757
Cap Rate 9%
$1,429,367
Alternative Uses
Best Use
Retail
$1.84M
$1.61M – $2.14M
NOI $128,643 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.62M
$3.17M – $4.22M
NOI $253,247 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,671
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33021, FL
50,091
Population
21,930
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
5,692
Density / Sq Mi
$69,249
Median Household Income
$41,390
Median Earnings
$1,707
Median Rent
$395,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Seven commercial spaces in one building on Hollywood Blvd.
Where is this shopping center located?
The property is located at 5000 Hollywood Boulevard Hollywood, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Prime location on the busiest highway in Hollywood; Seven commercial spaces within one building; 29 parking spaces included
