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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: $20,179.17/mo
12150 Sqft
0.37 Acres
Status: active | Days on site: 131
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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. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.37

Year Built

1957

County

Broward

Area

3400

Listing ID

A12042627

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Interior Features

Exterior Features

Zoning:DH-3
Principal Interest
$20,179
Taxes
$3,913

Home Price

$3,750,000

Loan Details

30 yrs
7.109%

Down Payment

20%
$750,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,179.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,179.17 $3,912.67 $0.00 $24,091.83
Yearly $242,150.01 $46,952.00 $0.00 $289,102.01
Total $7,264,500.44 $1,408,560.00 $0.00 $8,673,060.44

Today's Rates

30 Year

7.11%

20 Year

6.92%

15 Year

6.43%

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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.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-02T05:08:58.000Z

© 2026 REALTOR Association of Greater Miami and the Beach