Office Building with Unfinished Upper
6067 Hollywood Blvd, Hollywood, FL 33024
For Sale
New
$8,249,999
Existing occupants provide current rental income alongside vacant ground-floor space and an unfinished upper level for build-out.
Property Size34,493 SF
Price / SF$239.18
Days on Market3
Property Features for 6067 Hollywood Blvd
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
The Source Real Estate
(305) 462-7820
Listed By:
Diego Campo · License FL #3635489
(786) 781-1915
Source:
Futureoptionrealty
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 9 at 5:08PM
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 The Source Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-story office property contains 34,493 square feet and dates to 1986. Existing tenants occupy portions of the building and are paying rent. The ground floor is vacant, while work continues on the upper level, which will be delivered unfinished. The property is zoned S-MU.
Located at 6067 Hollywood Blvd in Hollywood, Florida, the building has street presence along Hollywood Boulevard. Its mix of occupied space, a vacant ground floor, and an unfinished upper level creates distinct leasing and build-out conditions within one office asset.
Located at 6067 Hollywood Blvd in Hollywood, Florida, the building has street presence along Hollywood Boulevard. Its mix of occupied space, a vacant ground floor, and an unfinished upper level creates distinct leasing and build-out conditions within one office asset.
Key Highlights
- 34,493‑square‑foot, multi‑story office building
- Existing tenants are in place and paying rent
- Vacant ground floor; previously used as a school
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$665,887
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,317,740
$13.3M
Cap Rate 7%
$9,512,671
$9.5M
Cap Rate 9%
$7,398,744
$7.4M
Market Conditions
NOI Build-Up for 34,493 SF
Gross rent
$1.14M $33.00/SF
− Vacancy
−$250.4K −$7.26/SF
EGI
$887.8K $25.74/SF
− OpEx
−$222.0K −$6.44/SF
NOI
$665.9K $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%
$13,317,740
Cap Rate 7%
$9,512,671
Cap Rate 9%
$7,398,744
Alternative Uses
Best Use
Office B
$9.51M
$8.32M – $11.10M
NOI $665,887 @ 7.0% cap · market cap 8.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.49M
$11.81M – $15.74M
NOI $944,556 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,492
Businesses Nearby
Explore this area
Business Placement
Demographics for 33024, FL
74,843
Population
26,552
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
6,452
Density / Sq Mi
$76,501
Median Household Income
$38,144
Median Earnings
$1,724
Median Rent
$365,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Hollywood, FL
Properties on Market for Office buildings in Hollywood
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Existing occupants provide current rental income alongside vacant ground-floor space and an unfinished upper level for build-out.
Where is this office building located?
The property is located at 6067 Hollywood Blvd Hollywood, FL.
What is the asking price?
The asking price for this property is $8,249,999.
What are key features of this property?
This property features: 34,493‑square‑foot, multi‑story office building; Existing tenants are in place and paying rent; Vacant ground floor; previously used as a school
