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    215-235 21St Ave Hollywood, FL 33020

    For Lease
    $24 SF/Yr ($16,972 /Mo)

    Downtown Hollywood corner building, 8,160 SF, ample parking.

    Lot size:
    8,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8,160-square-foot flex space presents a unique opportunity in Hollywood, Florida's thriving Central Business District. Located at 215-235 South 21st Avenue, this single-tenant building sits on a 26,339-square-foot lot and offers a significant advantage: it's the only property in the area with a privately owned parking lot, providing 28 spaces plus additional street parking shared with the Harrison Street-facing building. The building currently boasts a zoning designation for office use, but alternative retail or commercial uses are highly probable upon approval. An added benefit is a 1,000-square-foot outdoor patio area. The asking rent is $20,000 per month gross, inclusive of operating expenses

    Property Features for 215-235 21St Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,160 SF
    Total Rate
    16972.8

    Unit(s) available at that property

    Space
    Size
    8,160 SF
    Rate per SF
    $24

    HighLights

    • High‑visibility corner standalone building.
    • Downtown Hollywood CBD location.
    • Surrounded by high‑rise luxury condo development, indicating strong market growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.148835571981
    Latitude
    26.009769874968

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    FAQs

    What type of property is this?
    Restaurant - Downtown Hollywood corner building, 8,160 SF, ample parking.
    Where is this restaurant located?
    The property is located at 215-235 21St Ave Hollywood, FL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner standalone building.; Downtown Hollywood CBD location.; Surrounded by high-rise luxury condo development, indicating strong market growth.
    Request Owner's contact information
    215-235 21St Ave Hollywood, FL 33020
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    Hollywood, FL 33020
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    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
    215-235 21St Ave Hollywood, FL 33020
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