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Property profile & analytics
FOR LEASE
Office buildings

2227 N Federal Hwy Hollywood, FL 33020

24,179 SF 0.45 ac lot Built 1960
Entity Owned 17-yr Hold Free & Clear
Property ID
US19-0747732
Property summary
AI-generated overview

This exceptional three-story office building, situated at the northeast corner of Sheridan Street and North Federal Highway, presents a unique investment opportunity. The single-tenant property boasts a total of 24,179 square feet of meticulously maintained office space, spread across one building with a total of one suite. The building features a variety of office sizes, ranging from 96 to 2,015 square feet, all offering either private interior spaces or windowed offices. Ample free parking is provided for tenants, secured by a coded gate and main entry door access. The property's zoning is FH-2, and its APN is 514210380010. A significant advantage is the inclusion of electricity and water in the modified gross lease. Adding to the property's unique features is a 408-square-foot secure, fire-protected bank vault located on the second floor. The strategic location offers unparalleled convenience, with proximity to Hollywood/Fort Lauderdale International Airport, Port Everglades, I-95, and the Florida Turnpike. The building provides 27 total parking spaces. This property represents a rare opportunity to acquire a well-maintained, strategically located office building with significant upside potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1960
Construction CONCRETE
Total area 24,179 SF
Lot 0.45 ac (19,464 SF)
Zoning code FH-2
APN 51-42-10-38-0010
UPID US19-0747732
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Consumer First USA LLP Law Firm
  • Jones Jeffrey Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.66M
Comparable Approach Comparable
$8.85M
Blend (final) Blend
$7.12M
Owner & transaction history
2227 North Federal Highway LLC · 17 yrs held
2227 North Federal Highway LLC
since 2008
4 recorded transactions
2008
Price N/A
2005
$350,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
FH-2 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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