3250 29Th AveHollywood, FL 33020

  • Office properties
  • 31,345 SF
For Lease
$18/SF/YR View listing

Property Details for 3250 29Th Ave

Year built
1982
Construction
CONCRETE
Lot size
1.45 AC
Property size (Sq ft)
31,345 SF
Zone code
IM-1
Property type
Office properties
Property subtype
Office buildings
APN
51-42-04-04-0025
APU
514204040025

Description

This exceptional 31,345-square-foot executive office building, located at 3250 N. 29th Avenue in Hollywood, Florida, presents a unique leasing opportunity. Situated on a 1.45-acre lot in Broward County, this Class C property offers a single-tenant occupancy within a two-story structure. The entire building, totaling 31,345 square feet, is currently vacant and ready for immediate occupancy. The property's classification as "Retail, Office" and its "Executive Office" subtype suggests a versatile space suitable for a variety of professional uses. Its location in Hollywood, Florida, zip code 33020, provides convenient access to major transportation routes and amenities. The property's substantial size and single-tenant availability make it ideal for a business seeking a significant and adaptable workspace. This is a rare chance to secure a large, fully vacant building in a desirable location. The property's features and size offer considerable potential for customization and branding. Interested parties are encouraged to inquire for further details and to schedule a viewing of this exceptional commercial property. The property is available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,214,269
    6.5%
    $10,351,633
    7%
    $9,612,231
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,443,244
    Geo Method
    $13,443,244
  • Alternative Use

    Use
    Valuation
    Residential
    $12,836,025
    Hospitality
    $11,757,730
    Educational
    $9,782,293
    Medical
    $10,118,721
    Retail
    $15,216,901
3250 29Th Ave, Hollywood, Florida

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.039
Longitude
-80.1664
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$91,352
$505,500
$3,125,760
$3,631,260
-
$505,500
$3,125,760
$3,631,260

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