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Property profile

4050 Sheridan St Ste D Hollywood, FL 33021

OFF-MARKET
Medical Office Space
Property ID
US19-0010595
2,649 SF 0.05 ac lot Built 1980
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 2,649 square foot medical office condo, located at 4050 Sheridan St #C in Hollywood, Florida 33021, is offered at $615,000. Built in 1980, the property is situated in Sheridan Hills Professional Plaza and is currently configured as a medical practice, ready for immediate occupancy. The space includes eight or more exam rooms, a large office with a private bathroom, a staff break room, a central reception area, a patient waiting room, and a shared restroom for patients and staff. The property is being delivered vacant, presenting a turnkey opportunity for medical professionals seeking to establish or expand their practice in the Broward County area. The condo is suitable for a variety of professional uses, including but not limited to: attorneys, doctors, dentists, accountants, engineers, insurance agents, and real estate brokers. This prime location in Hollywood offers excellent visibility and accessibility. The property's layout and existing infrastructure make it an ideal space for a seamless transition into a thriving medical practice. The asking price reflects the property's excellent condition, desirable location, and immediate availability. Serious inquiries are encouraged.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Construction CONCRETE
Total area 2,649 SF
Lot 0.05 ac (2,354 SF)
Zoning code O-1
APN 51-42-08-13-0020
UPID US19-0010595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Pediatrician Physician
  • Physician
  • Alternative Medicine Practice Spa & Massage Center

Location

4050 Sheridan St Ste D Hollywood, FL 33021-3561
Hollywood metro Census 90802 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
$575k
Comparable Approach Comparable
$386k
Blend (final) Blend
$615k

Owner & transaction history

since 2022
Last sale
$615,000
4 recorded transactions
2022
Price N/A
2022
Price N/A
2009
$325,600
2008
$410,000

Zoning & alternative use

O-1 · Hollywood, FL
Zoning description

F. O-1 Light Intensity Office District. 1. Purpose and uses: District Purposes Main Permitted Uses Special Exception Accessory Uses Prohibited Uses This district is intended to provide standards for: Offices. * Day Care…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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