5901 Hollywood BlvdHollywood, FL 33021

  • Office properties
  • 1,960 SF
For Lease

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
5901 Hollywood Blvd, Hollywood, Florida

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

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
$15,099
$153,700
$521,530
$675,230
-
$153,700
$521,530
$675,230

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