3800 Ocean Dr Hollywood, FL 33019

Exceptional investment opportunity: a 2,593 square foot storefront and executive office space located at 3800 S Ocean Dr, Unit G-9, Hollywood, FL 33019, in Broward County. This property, currently 100% occupied by a successful CPA firm for over 15 years, boasts recently remodeled upscale interiors including nine private offices and a conference room. The asking price is $1,375,000, representing a 5.00% cap rate. The lease is a NNN single-tenancy agreement with five years remaining. The property is zoned C-1, allowing for a variety of uses including offices, personal services, retail sales, and more. Its strategic location offers proximity to major retailers, residences, and other businesses. The surrounding area demonstrates strong demographics, with an average household income of $72,722 (within a 5-mile radius in 2019) and a projected population of 308,733 (within a 5-mile radius in 2024). Seller financing is available with a 25% to 30% down payment. A leaseback option is also available at $5,400 per month for three years, with two additional two-year options at a 5% cap rate. This presents a compelling opportunity for both income generation and future appreciation.