601 S 21st Ave - Flex FOR SALE


Hollywood, FL 33020- Parkside
$3,750,000 USD
305-563-1137
601 S 21st Ave, Hollywood, FL for Sale
$3,750,000 USD
Flex - FOR SALE
1/12
null | Request Cap Rate

NEW


601 S 21st Ave
Hollywood, FL 33020
Parkside


OVERVIEW

Apex Capital Realty is proud to present the opportunity to acquire 601 S 21st Ave, a 12,150 SF multi-tenant office/flex building located just moments from Hollywood’s vibrant Young Circle. Positioned directly on Dixie Highway in one of the city’s fastest growing neighborhoods, the property offers an excellent opportunity for an owner-user to establish their business in a rapidly evolving location while offsetting occupancy costs with in-place rental income. The property features approximately 5,000 SF available for immediate occupancy, with the remaining space leased to five tenants, generating approximately $15,000 per month in rental income. This allows an owner-user to occupy a substantial portion of the building while benefiting from stable cash flow from the existing tenancy. Beyond its current income, the property offers significant long-term upside. The DH-3 zoning allows for development of up to 10 stories with no maximum residential density, creating an attractive redevelopment opportunity as the surrounding neighborhood continues to transform into one of Hollywood’s premier mixed-use districts.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$309 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

OFFICE FLEX

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.37

LAND SF

16,170

ZONING

DH-3

APN/PARCEL ID

51-42-15-01-0340

ASK ABOUT THIS PROPERTY

Yoni SunshineApex Capital Realty LLCMore Info
305-563-1137

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Yoni SunshineApex Capital Realty LLCMore Info
305-563-1137

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.