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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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601 N 21st Ave , Hollywood, FL 33020
$3,750,000
Est. Payment: $8,333.33/mo
0 Bed
0 Bath
12150 Sqft
Status: Active | Days on site: 85
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House 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.

Highlights

Listed by Jason Abitbol , 561-542-3704 APEX Capital Realty LLC , 305-570-2600.

Property Type

Commercial Sale

Lot/Acreage
0.37

Year Built

1957

County

Broward

Area

3400

Listing ID

A12042627

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:DH-3
Principal Interest
$8,333
Taxes
$3,913

Home Price

$3,750,000

Loan Details

30 yrs
%

Down Payment

20%
$750,000
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Monthly Price:
$8,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,333.33 $3,912.67 $0.00 $12,246.00
Yearly $100,000.00 $46,952.00 $0.00 $146,952.00
Total $3,000,000.00 $1,408,560.00 $0.00 $4,408,560.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.