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East Hollywood Office/Flex Building

2055 Liberty St Hollywood, FL 33020

2055 Liberty St, Hollywood, FL, 33020
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Freestanding 19,448 SF building on 0.73 acres in East Hollywood.

Property Size19,448 SF
Lot Size0.73 Acres
Price / SF$334.22
AddedJan 29, 2024
Days on Market898
Last RefreshMay 12 at 11:55 pm

Property Features for 2055 Liberty St

General Information

Standard status
Active
Size
19,448 SF
Lot size
0.73 Acres
Property subtype
Office

Building Details

Year Built
1973

Listing office RE/MAX 5 Star Realty

Listing date Jan 29, 2024

Source Crexi

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 RE/MAX 5 Star Realty


Investment Insights

Based on property information with market context.

Located in East Hollywood, Florida, this freestanding office/flex building is situated directly on Dixie Highway. The property features 19,448 square feet of space on a 32,217 square foot lot, which is equivalent to 0.73 acres. The building is currently vacant. The property is an approved gun range. The new DH-3 zoning permits most uses and encourages new developments with generous height restrictions. This property could work for an owner-user looking to relocate to East Hollywood.

Key Highlights

  • Large 19,448 SF freestanding building on a 32,217 SF lot in East Hollywood.
  • Liberal DH‑3 zoning permits most uses and encourages new developments with generous height restrictions.
  • Direct frontage on Dixie Highway provides excellent visibility and access.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $641.8k $33.00
− Vacancy −$141.2k −$7.26
EGI $500.6k $25.74
− OpEx −$125.1k −$6.44
NOI $375.4k $19.31
19,448 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$5.36M
$4.69M – $6.26M (±1% cap)
NOI $375,444 @ 7.0% cap · market cap 5.78%
Second Best
Flex RnD
$3.16M
$2.76M – $3.68M (±1% cap)
NOI $220,867 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$7.61M
$6.66M – $8.88M (±1% cap)
NOI $532,564 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Food Market Grocery & Convenience Store Bakery Cafe & Coffee Shop Auto Repair Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Auto Parts Store

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

FAQs

What type of property is this?
Office building - Freestanding 19,448 SF building on 0.73 acres in East Hollywood.
Where is this office building located?
The property is located at 2055 Liberty St Hollywood, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Large 19,448 SF freestanding building on a 32,217 SF lot in East Hollywood.; Liberal DH‑3 zoning permits most uses and encourages new developments with generous height restrictions.; Direct frontage on Dixie Highway provides **excellent visibility and access**.
Contact an agent
(954) 453-1000 Call to check price and availability
More about this property
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