3325 Hollywood BlvdHollywood, FL 33021

Property Details for 3325 Hollywood Blvd

Year built

1966

Construction

CONCRETE

Lot size

0.98 AC

Property size (Sq ft)

28,755 SF

Zone code

C-2

Property type

Office buildings

APN

51-42-07-01-0680

APU

514207010680

Description

This five-story, Class B commercial building at 3325 Hollywood Blvd in Broward County, Florida, offers versatile space ideal for medical, traditional office, or coworking uses. Built in 1987 and renovated in 2015, the 40,000-square-foot building features 12-foot ceilings and abundant natural light thanks to numerous windows. The property includes 120 surface parking spaces and boasts a convenient location at the northwest corner of Hollywood Blvd and N Park Rd, surrounded by numerous restaurants and retailers. Spaces range from a minimum of 250 square feet to a maximum contiguous space of 3,155 square feet, with 7,596 square feet currently vacant. The building also features wooden floors and ground floor retail and banking space. Its proximity to Orangebrook Golf and Country Club adds to its appeal. The building's multi-tenant configuration provides flexibility for various business needs. This property presents a unique opportunity in a thriving Hollywood location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,287,648

  6.5%

  $9,496,290

  7%

  $8,817,984

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,332,444

  Geo Method

  $12,332,444

• Alternative Use

  Use

  Valuation

  Residential

  $11,775,400

  Hospitality

  $10,786,203

  Educational

  $8,973,994

  Medical

  $9,282,624

  Retail

  $13,959,546

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0112

Longitude

-80.176

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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