601 N 21st Ave, Hollywood, FL 33020
601 N 21st Ave, Hollywood, FL 33020
601 N 21st Ave, Hollywood, FL 33020
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$3,750,000
Est. payment /mo
12,150 SqFt
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 12,150 sqft

Price per Sqft $308

MLS Listing ID A12042627

HOA Y/N No

Year Built 1957

Annual Tax Amount $46,952

Lot Size 0.371 Acres

Property Sub-Type Office

Property Description

601 S 21st Ave presents a unique owner-user and investment opportunity in the heart of Hollywood, Florida. The property consists of a 12,150 SF multi-tenant office/flex building strategically located on Dixie Highway, just minutes from Young Circle and the city's rapidly evolving downtown district. Approximately 5,000 SF is available for immediate occupancy, making it ideal for an owner-user seeking to establish or expand operations while benefiting from existing rental income. The remaining space is leased to five tenants, generating approximately $15,000 per month in revenue and helping offset occupancy costs. The property offers a flexible layout suitable for a variety of office, showroom, creative, and professional uses. In addition to its current cash flow, the asset provides substantial long-term value through its desirable location and redevelopment potential. Zoned DH-3, the property allows for development up to 10 stories with no maximum residential density, creating a compelling opportunity for future mixed-use or residential redevelopment. Positioned within one of South Florida's fastest-growing urban corridors, the property benefits from strong demographics, increasing investment activity, and proximity to restaurants, retail, entertainment, and major transportation routes. This offering combines stable in-place income, owner-user functionality, and significant future upside in a highly desirable Hollywood submarket.

Location

State FL

County Broward

Area 3400

Exterior

Private Pool Yes

Others

Tax ID 514215010340

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12042627

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by APEX Capital Realty LLC

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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601 N 21st Ave