200 Park RdHollywood, FL 33021

Property Details for 200 Park Rd

Year built

1984

Construction

CONCRETE

Lot size

5.11 AC

Property size (Sq ft)

90,498 SF

Zone code

C-2

Property type

Office properties

Property subtype

Office buildings

APN

51-42-17-03-0011

APU

514217030011

Description

This exceptional four-story, Class B office building, situated at 200 S Park Rd in Hollywood, Florida (zip code 33021), presents a unique leasing opportunity. Boasting a total of 90,498 square feet, the Venture Corporate Center offers 94 individual suites within a single building, perfect for businesses of various sizes. Constructed in 1984, this well-maintained property features convenient amenities including elevators, ample parking, and 24-hour access. The building's C2 zoning allows for a variety of commercial uses. Tenants enjoy the convenience of an on-site cafe, dry cleaner, and banking facilities, enhancing the overall work experience. The location is ideal, offering proximity to shopping, dining, and the Memorial Fitness Center, with easy access to I-95 for seamless commuting. The suburban campus-style setting provides a pleasant and productive work environment. Many suites include furnished offices with external windows and access to shared conference rooms and kitchen areas at no additional cost. The property's APN is 514217030011, and it's located in the South Florida submarket. This is a fantastic opportunity to secure office space in a well-established and amenity-rich building.

• CAP approach

  CAP return

  Valuation

  6%

  $32,377,378

  6.5%

  $29,886,812

  7%

  $27,752,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $38,812,784

  Geo Method

  $38,812,784

• Alternative Use

  Use

  Valuation

  Residential

  $37,059,648

  Hospitality

  $33,946,436

  Educational

  $28,243,036

  Medical

  $29,214,358

  Retail

  $43,933,612

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0093

Longitude

-80.1769

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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