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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3325 Hollywood Blvd Hollywood, FL 33021

    • Office buildings
    • 28,755 SF
    • 0.98 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4471970
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mary Kollias-Greber Psy D / Physician / Medical Clinic
    • Nyman Mental Health / Physician / Medical Clinic
    • Wells Fargo Bank / Bank / Loan Service
    • AJK Multiservices llc / Tax Preparation
    • Qualified Healthcare Staffing / Employment Agency

    Property Details for 3325 Hollywood Blvd

    Year built
    1966
    Construction
    CONCRETE
    Lot size
    0.98 lot acres
    Property size
    28,755 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    51-42-07-01-0680
    APU
    514207010680

    Description

    This five-story, Class B commercial building at 3325 Hollywood Blvd in Broward County, Florida, offers versatile space ideal for medical, traditional office, or coworking uses. Built in 1987 and renovated in 2015, the 40,000-square-foot building features 12-foot ceilings and abundant natural light thanks to numerous windows. The property includes 120 surface parking spaces and boasts a convenient location at the northwest corner of Hollywood Blvd and N Park Rd, surrounded by numerous restaurants and retailers. Spaces range from a minimum of 250 square feet to a maximum contiguous space of 3,155 square feet, with 7,596 square feet currently vacant. The building also features wooden floors and ground floor retail and banking space. Its proximity to Orangebrook Golf and Country Club adds to its appeal. The building's multi-tenant configuration provides flexibility for various business needs. This property presents a unique opportunity in a thriving Hollywood location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,870,000
      6.5%
      $9,110,000
      7%
      $8,460,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,433,000
      Market price range: $9.14M - $15.2M
      AI Estimate
      $6,363,000
      Market price range: $3.62M - $9.57M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $11,660,000
      Current use
      COMMERCIAL (GENERAL)
      $13,380,000
      Change: +15% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $13,215,000
      Change: +13% Conversion: Difficult
      MEDICAL BUILDING
      $10,090,000
      Change: -13% Conversion: Easy
      RETAIL STORES
      $9,635,000
      Change: -17% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.176
    Latitude
    26.0112
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $136,964
    $640,230
    $5,653,410
    $6,293,640
    -
    $640,230
    $5,653,410
    $6,293,640

    Comparable in this City

    • Value Estimation
      $1,105,000
      2,501 SF

      3850 Hollywood Blvd, Unit 2B

      OFFICE BUILDING (MULTI-STORY) • 2,501 SF
      3850 Hollywood Blvd, Hollywood, FL 33021-6748
      View Details
    • Value Estimation
      $9,445,000
      30,229 SF

      4600 Sheridan St

      OFFICE BUILDING (MULTI-STORY) • 30,229 SF
      4600 Sheridan St, Hollywood, FL 33021-3409
      View Details
    • Value Estimation
      $1,055,000
      3,582 SF

      5809 Hollywood Blvd

      OFFICE BUILDING (MULTI-STORY) • 3,582 SF
      5809 Hollywood Blvd, Hollywood, FL 33021-6327
      View Details
    • Value Estimation
      $1,705,000
      5,949 SF

      5647 Hollywood Blvd

      OFFICE BUILDING • 5,949 SF
      5647 Hollywood Blvd, Hollywood, FL 33021-6325
      View Details
    • Value Estimation
      $895,000
      2,844 SF

      4651 Sheridan St Ste, Unit 350

      OFFICE BUILDING (MULTI-STORY) • 2,844 SF
      4651 Sheridan St Ste, Hollywood, FL 33021-3425
      View Details
    • Value Estimation by Request
      924 SF

      4651 Sheridan St Ste, Unit 440

      OFFICE BUILDING (MULTI-STORY) • 924 SF
      4651 Sheridan St Ste, Hollywood, FL 33021-3430
      View Details

    Similar Nearby for Sale

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      Hollywood Blvd Retail/Office Space

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      Freestanding Office on Corner Lot

      Freestanding office building with high visibility and ample parking.
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      Medical Office Space Available

      Medical office space for sale near Memorial Regional Hospital.
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      Renovated Medical Office Suite

      Modern, move-in ready medical office space in Hollywood.
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      View Details

    Similar Nearby for Lease

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      Sheridan Professional Hub Office Space

      Upscale office building in Emerald Hills, Hollywood. Multiple sizes available.
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      Hollywood Office Suite - 844 SF

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    • $3,500 /Mo

      Freestanding Office on Corner Lot

      1,286 SF Hollywood office space for lease.
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    • $32 SF/Yr

      Furnished Office Suites in Hollywood

      Furnished office suites in medical building, Hollywood Circle location.
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      Office Space in Venture Center

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      View Details
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    3325 Hollywood Blvd
    Hollywood, FL 33021
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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