5901 Hollywood BlvdHollywood, FL 33021
- Office properties
- 1,960 SF
Property Details for 5901 Hollywood Blvd
- Year built
- 1969
- Construction
- CONCRETE
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 1,960 SF
- Zone code
- S-MU
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 51-41-13-03-1870
- APU
- 514113031870
Description
This exceptional free-standing medical office building, located at 5901 Hollywood Boulevard in Hollywood, Florida (zip code 33021), presents a unique opportunity. The property, zoned SR7CCD-CC and identified by APN 514113031870, offers 1,960 square feet of well-appointed space in a single-tenant configuration. The building boasts excellent visibility and signage, situated on Hollywood Boulevard with a daily traffic count exceeding 38,000 vehicles. Ample parking is provided with a dedicated 22-space lot adjacent to the building. The interior layout is ideal for medical practices, featuring a large reception area, four exam rooms, a procedure room (previously equipped for x-ray), a physical therapy area, a private doctor's office, a kitchen, and two bathrooms. This property is currently available for a short-term lease of 12-18 months, transitioning to a month-to-month agreement thereafter. The lot size is not specified. This is a special purpose property, perfect for a medical professional seeking a high-traffic location with convenient parking and a flexible lease term. The property is easily accessible via Hollywood Boulevard.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $701,227
- 6.5%
- $647,287
- 7%
- $601,052
-
Comparable approach
- Method
- Valuation
- Relative Method
- $840,605
- Geo Method
- $840,605
-
Alternative Use
- Use
- Valuation
- Residential
- $802,636
- Hospitality
- $735,210
- Educational
- $611,686
- Medical
- $632,723
- Retail
- $951,511
Location Insight
- City
- Hollywood
- County
- Broward
- State
- Florida
- Latitude
- 26.0104
- Longitude
- -80.2058
- 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
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