Mixed-Use Building with Two
New
For Sale
Contact for pricing
699 S Federal Highway #1, Hollywood, FL 33020
Flexible interior rooms, separate bathrooms, and a kitchen area support a range of potential commercial layouts.
Property Size2,258 SF
Lot Size0.25 Acres
Price / SF$0.02
Days on Market4
Property Features for 699 S Federal Highway #1
General Information
Standard status
Active
Size
2,258 SF
Total Parking Spaces
6
Lot size
0.25 Acres
Property subtype
Mixed Use
Zoning
FH-2
Site & Location
Neighborhood
Hollywood Lakes
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
2
Property Use
Office
Amenities
private yard
backyard space
multiple rooms
bathrooms
kitchen area
Building Details
Year Built
1954
Buildings
1
Stories
1
Listing Agency:
Property Pro Partners, LLC.
Listed By:
Brandon Talalaevsky · License #3298943
(786) 859-2628
Source:
Lehmannflorida
Added: Oct 28
Changed: Oct 31
Last Checked: Oct 31 at 3:09AM
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 Property Pro Partners, LLC.
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Investment Insights
Based on property information with market context.
A freestanding, one-story mixed-use building offers 2,258 square feet on a 10,907-square-foot corner parcel. Two entrances support either a single-space layout or division into two units of approximately 1,150 square feet each. The interior includes multiple rooms, bathrooms, and a kitchen area. Each unit has a private yard, and the property includes six dedicated on-site parking spaces, along with additional guest and street parking.
The building fronts Federal Highway at Jefferson Street and is zoned FH-2. It was built in 1954. The property is near Hollywood Boulevard, Young Circle, I-95, and the beach.
The building fronts Federal Highway at Jefferson Street and is zoned FH-2. It was built in 1954. The property is near Hollywood Boulevard, Young Circle, I-95, and the beach.
Key Highlights
- 2,258‑square‑foot, one‑story building on a 10,907‑square‑foot corner lot
- Two entrances allow one 2,258‑square‑foot space or two units of approximately 1,150 square feet each
- Each unit includes a private yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,483
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,660
$609.7K
Cap Rate 7%
$435,471
$435.5K
Cap Rate 9%
$338,700
$338.7K
Market Conditions
NOI Build-Up for 2,258 SF
Gross rent
$54.2K $24.00/SF
− Vacancy
−$5.4K −$2.40/SF
EGI
$48.8K $21.60/SF
− OpEx
−$18.3K −$8.10/SF
NOI
$30.5K $13.50/SF
Area
Hollywood, FL
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,660
Cap Rate 7%
$435,471
Cap Rate 9%
$338,700
Alternative Uses
Best Use
Retail
$448.7K
$392.6K – $523.5K
NOI $31,410 @ 7.0% cap · market cap 82,657.89%
Second Best
Mixed Use
$435.5K
$381.0K – $508.1K
NOI $30,483 @ 7.0% cap · market cap 80,218.42%
Theoretical Best
Office A
$883.3K
$772.9K – $1.03M
NOI $61,833 @ 7.0% cap · market cap 162,718.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,228
Businesses Nearby
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Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible interior rooms, separate bathrooms, and a kitchen area support a range of potential commercial layouts.
Where is this mixed-use property located?
The property is located at 699 S Federal Highway #1 Hollywood, FL.
What are key features of this property?
This property features: 2,258‑square‑foot, one‑story building on a 10,907‑square‑foot corner lot; Two entrances allow one 2,258‑square‑foot space or two units of approximately 1,150 square feet each; Each unit includes a private yard
