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Medical Office Suite with Exam Rooms
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B-5100 Hollywood Blvd, Hollywood, FL 33021

Ground-level space includes reception, waiting, storage, and restroom areas, with parking on site.

Property Size1,200 SF
Price / SF$4.17
Days on Market11

Property Features for B-5100 Hollywood Blvd

General Information

Standard status Active
Size 1,200 SF

Space & Availability

Floor Ground
Condition Built-Out

Site & Location

Neighborhood South Central Beach

Additional Details

Property Use Medical Office

Taxes and HOA fees

Annual Taxes $23,431
Listing Agency: RE/MAX 5 Star Realty
Listed By: John DeMarco · License #A12052614
Source: Exprealty
Added: Oct 15 Changed: Oct 25 Last Checked: Oct 25 at 2:37AM

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

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 5100 Hollywood Blvd, Unit B, this 1,200-square-foot ground-floor suite has a medical office layout with three private offices or exam rooms. Reception and waiting areas, dedicated storage, and restroom facilities are also part of the suite. Updated flooring and on-site parking are additional existing features.

Key Highlights

  • 1,200 SF ground‑floor medical office suite
  • Three private offices or exam rooms
  • Reception and waiting areas, dedicated storage, and restroom facilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,917
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,340 $338.3K
Cap Rate 7%
$241,671 $241.7K
Cap Rate 9%
$187,967 $188.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$31.7K $26.40/SF
− Vacancy
−$3.5K −$2.90/SF
EGI
$28.2K $23.50/SF
− OpEx
−$11.3K −$9.40/SF
NOI
$16.9K $14.10/SF
Area
Hollywood, FL
Vacancy
11.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,340
Cap Rate 7%
$241,671
Cap Rate 9%
$187,967

Alternative Uses

Best Use
Office B
$330.9K
$289.6K – $386.1K (±1% cap)
NOI $23,166 @ 7.0% cap · market cap 463.32%
Second Best
Healthcare Medical
$241.7K
$211.5K – $282.0K (±1% cap)
NOI $16,917 @ 7.0% cap · market cap 338.34%
Theoretical Best
Office A
$469.4K
$410.8K – $547.7K (±1% cap)
NOI $32,861 @ 7.0% cap · market cap 657.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33021, FL

50,091
Population
21,930
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
5,692
Density / Sq Mi
$69,249
Median Household Income
$41,390
Median Earnings
$1,707
Median Rent
$395,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Ground-level space includes reception, waiting, storage, and restroom areas, with parking on site.
Where is this medical office space located?
The property is located at B-5100 Hollywood Blvd Hollywood, FL.
What are key features of this property?
This property features: 1,200 SF ground‑floor medical office suite; Three private offices or exam rooms; Reception and waiting areas, dedicated storage, and restroom facilities
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