219 21St Ave Hollywood, FL 33020

This historic two-story building, formerly Hemingway's bar, offers 10,378 square feet of office and retail space in the heart of Downtown Hollywood, Florida (33020). Built in 1924 and extensively renovated in 2019, the property boasts a new roof, central AC system, and updated bathrooms. The building sits on a 10,800 square foot lot and is zoned ND-3. Currently, the 5,000 square foot second floor is vacant, presenting an ideal opportunity for an owner-user. The prime location offers exceptional visibility, attracting desirable employees and benefiting from proximity to restaurants, nightlife, and major events. Ample parking is available nearby. The asking price is $2,995,000, with a pro-forma cap rate of 8.85% and a pro-forma NOI of $264,949. This freestanding building presents a compelling investment opportunity for both owner-users and investors seeking a high-return property in a thriving downtown location. The price per square foot is $288.59.