601 N 21st Ave, Hollywood FL 33020

For sale Days on market 0

$3,750,000

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Overview

Year Built

1957

16170 sqft

Property 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.

Property Details

MLS#

A12042627

Address

601 21st Ave N

City

Hollywood

State/county

Zip/Postal Code

33020

Area

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$46,952

Maint Fee

$--

Tax Year

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