3800 Ocean Dr Hollywood, FL 33019

This exceptional 890-square-foot office building, located at 3800 S Ocean Dr in Hollywood, Florida (33019), presents a compelling investment opportunity. Situated on prestigious Ocean Drive, this single-story, Class B building boasts 218 units within a 16-story structure and was renovated in 2024. The property features elegant marble flooring, wall-to-wall windows, and an independent air conditioning system. Two entrance doors enhance security and convenience. Currently vacant, this Net Lease property offers a pro-forma cap rate of 6.81% and a pro-forma NOI of $35,728, with an asking price of $525,000 ($589.89/sq ft and $2,408.26/unit). The building is zoned for mixed-use (store/office/residential), offering potential for diverse applications. Built in 1981, the property includes 15 square feet of air rights and is classified as an Executive Office, Medical Office, and Traditional Office space. The property's location in Broward County, Florida, provides excellent access to amenities and transportation. This is a rare opportunity to acquire a well-located, renovated office building with significant upside potential. The property is offered as a NNN lease with no tenant credit rating. The APN is 514226DL0200.