Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3800 Ocean Dr Hollywood, FL 33019

    For Sale
    $2,400,000

    Prime Industrial Flex Space, High ROI Potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a 1973-built, 3,300 square foot flex space located at 3800 S Ocean Dr #G7, Hollywood, Florida 33019, in Broward County. Offered at $2,400,000, this property boasts an absolute NNN lease structure, eliminating landlord responsibilities. The current tenant, an investment-grade entity, has occupied the premises for over 30 years, demonstrating remarkable tenant longevity and stability. The tenant maintains an extremely high FDIC deposit, further mitigating risk. This turnkey investment requires no disruption to the existing tenant, ensuring a seamless transition for the new owner. The property's industrial classification and flex space functionality provide versatility for a range of potential uses. Its strategic location in Hollywood, Florida, offers convenient access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a low-maintenance, high-return investment property with a long-standing, financially secure tenant. The property's strong financial performance and minimal management requirements make it an attractive addition to any diversified portfolio. Detailed financial information is available upon request. This is an exceptional opportunity for passive income generation with minimal operational overhead.

    Property Features for 3800 Ocean Dr

    General Information

    Property type
    Flex space

    Building Details

    Year Built
    1973
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Asseff Dental Dentist MasterPOS Software Company Amusement Consulting Amusement Center Bryan Aulick Wedding ... Wedding Photographer Carlos Satulovsky MD ... Medical Office

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1200567
    Latitude
    25.9890483

    Nearby Similar for Sale

    • $3,299,000
      Pending

      Prime Corner Lot with Upgrades

      High-traffic corner lot with upgraded commercial building and extensive features.
      Hollywood, FL 33023
      View Details
    • $1,150,000

      Hollywood Commercial Spaces with Views

      Two adjoining commercial spaces with penthouse views in Hollywood, Florida.
      2450 Hollywood Blvd, Hollywood, FL 33020
      View Details
    • $1,899,000
      1,760 SF

      Renovated Fourplex Near the Ocean

      Renovated fourplex near the ocean, ideal for rentals.
      312 Elm St, Hollywood, FL 33019
      View Details
    • $840,000

      Free-Standing Building on Corner Lot

      1,600 SF free-standing building on a 7,751 SF lot.
      7050 Taft St, Hollywood, FL 33024
      View Details
    • $480,000
      949 SF

      Hollywood Beach Condo with Rental Potential

      Spacious 1BR condo in Hollywood Beach with no rental restrictions.
      777 N Ocean Dr, Hollywood, FL 33019
      View Details
    • $675,000

      Commercial Space for Medical Field

      Commercial space with 18 units, ideal for medical professionals.
      Pines Blvd, Hollywood, FL 33024
      View Details

    FAQs

    What type of property is this?
    Flex space - Prime Industrial Flex Space, High ROI Potential.
    Where is this flex space located?
    The property is located at 3800 Ocean Dr Hollywood, FL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    Request Owner's contact information
    3800 Ocean Dr Hollywood, FL 33019
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3800 Ocean Dr
    Hollywood, FL 33019
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3800 Ocean Dr Hollywood, FL 33019
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.