4050 Sheridan StHollywood, FL 33021

Property Details for 4050 Sheridan St

Year built

1980

Construction

CONCRETE

Lot size

0.05 AC

Property size (Sq ft)

2,649 SF

Zone code

O-1

Property type

Healthcare properties

Property subtype

Medical offices

APN

51-42-08-13-0020

APU

514208130020

Description

This 2,649 square foot medical office condo, located at 4050 Sheridan St #C in Hollywood, Florida 33021, is offered at $615,000. Built in 1980, the property is situated in Sheridan Hills Professional Plaza and is currently configured as a medical practice, ready for immediate occupancy. The space includes eight or more exam rooms, a large office with a private bathroom, a staff break room, a central reception area, a patient waiting room, and a shared restroom for patients and staff. The property is being delivered vacant, presenting a turnkey opportunity for medical professionals seeking to establish or expand their practice in the Broward County area. The condo is suitable for a variety of professional uses, including but not limited to: attorneys, doctors, dentists, accountants, engineers, insurance agents, and real estate brokers. This prime location in Hollywood offers excellent visibility and accessibility. The property's layout and existing infrastructure make it an ideal space for a seamless transition into a thriving medical practice. The asking price reflects the property's excellent condition, desirable location, and immediate availability. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $947,730

  6.5%

  $874,828

  7%

  $812,340

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,136,103

  Geo Method

  $1,136,103

• Alternative Use

  Use

  Valuation

  Residential

  $1,084,786

  Hospitality

  $993,659

  Educational

  $826,712

  Medical

  $855,144

  Retail

  $1,285,997

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0317

Longitude

-80.1849

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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