215-235 21St AveHollywood, FL 33020
- Office properties
- 8,160 SF
Property Details for 215-235 21St Ave
- Year built
- 1950
- Construction
- CONCRETE
- Lot size
- 0.60 AC
- Property size (Sq ft)
- 8,160 SF
- Zone code
- DH-3
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 51-42-15-01-1180
- APU
- 514215011180
Description
This exceptional 8,160-square-foot flex space presents a unique opportunity in Hollywood, Florida's thriving Central Business District. Located at 215-235 South 21st Avenue, this single-tenant building sits on a 26,339-square-foot lot and offers a significant advantage: it's the only property in the area with a privately owned parking lot, providing 28 spaces plus additional street parking shared with the Harrison Street-facing building. The building currently boasts a zoning designation for office use, but alternative retail or commercial uses are highly probable upon approval. An added benefit is a 1,000-square-foot outdoor patio area. The asking rent is $20,000 per month gross, inclusive of operating expenses
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,919,395
- 6.5%
- $2,694,826
- 7%
- $2,502,338
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,499,661
- Geo Method
- $3,499,661
-
Alternative Use
- Use
- Valuation
- Residential
- $3,341,584
- Hospitality
- $3,060,874
- Educational
- $2,546,611
- Medical
- $2,634,192
- Retail
- $3,961,394
Location Insight
- City
- Hollywood
- County
- Broward
- State
- Florida
- Latitude
- 26.0099
- Longitude
- -80.1485
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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