3475 Sheridan StHollywood, FL 33021

Property Details for 3475 Sheridan St

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.85 AC

Property size (Sq ft)

37,804 SF

Zone code

O-2

Property type

Office buildings

APN

51-42-05-01-1461

APU

514205011461

Description

The Sheridan Executive Centre, a three-story Class B office building, offers 36,485 square feet of space in Hollywood, Florida. Built in 1897 and situated on 1.69 acres, this property features 32 suites, ranging from a minimum of 210 square feet to a maximum contiguous space of 7,131 square feet. The building boasts a striking white marble lobby with accent lighting, a unique second-floor open-air atrium with palm trees, and large, naturally lit offices. The 11-foot ceilings contribute to a spacious feel. With 164 parking spaces (a generous 4.5 spaces per 1,000 square feet leased), ample parking is available, supplemented by additional spaces at a nearby church. The building enjoys excellent visibility on Sheridan Street, with 270 feet of frontage and convenient access from both Sheridan Street and North 34th Avenue. Its location offers easy access to I-95, SR 441, Tri Rail, Brightline, and Fort Lauderdale-Hollywood International Airport. Nearby amenities include Park Sheridan Plaza and Park Sheridan West, providing dining and shopping options, as well as Topeekeegee Yugnee Park. The property is zoned O-2 and its APN is 514205011461. The building includes elevators and is suitable for traditional office and medical office uses. This is an exceptional opportunity to lease space in a well-located, attractive building with convenient access to major transportation routes and local amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $13,525,099

  6.5%

  $12,484,707

  7%

  $11,592,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,213,380

  Geo Method

  $16,213,380

• Alternative Use

  Use

  Valuation

  Residential

  $15,481,037

  Hospitality

  $14,180,546

  Educational

  $11,798,048

  Medical

  $12,203,801

  Retail

  $18,352,520

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0335

Longitude

-80.1789

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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