Listing Summary
12,150 SF multi-tenant office/flex building for sale at 601 S 21st Ave in Hollywood, FL, near Young Circle and directly on Dixie Highway. Approximately 5,000 SF available for immediate occupancy, with five existing tenants generating about $15,000/month in rental income. DH-3 zoning allows up to 10 stories with no maximum residential density, offering strong owner-user, investment, and redevelopment potential.
Full Description
12,150 SF Multi-Tenant Office/Flex Building for Sale in Hollywood, FL
Apex Capital Realty presents an exceptional opportunity to acquire 601 S 21st Ave in Hollywood, Florida, a approximately 12,150-square-foot multi-tenant office and flex building strategically located along Dixie Highway, just minutes from Young Circle and the heart of Downtown Hollywood.
This commercial property for sale in Hollywood, FL offers an attractive combination of owner-user flexibility, existing rental income, and long-term redevelopment potential. Approximately 5,000 SF is currently available for immediate occupancy, allowing a business owner to establish operations on-site while generating income from the remaining space.
The balance of the building is leased to five existing tenants, producing approximately $15,000 per month in rental income. This setup allows an owner-user to occupy a substantial portion of the property while using rental income to help offset occupancy and operating costs.
The property also presents significant future development potential. The DH-3 zoning permits development of up to 10 stories with no maximum residential density, offering an attractive long-term redevelopment opportunity as the surrounding area continues to evolve into one of Hollywood's growing mixed-use districts.
Located in a rapidly developing part of Hollywood, Broward County, 601 S 21st Ave combines immediate income potential, flexible commercial space, excellent visibility along Dixie Highway, and substantial future upside. This property is well suited for business owners, investors, developers, and commercial real estate buyers seeking an opportunity in the South Florida market.
Quick Glance
- Listing ID:
CL-Florida-28229
- Status:
Active
- Year Build:
N/A
- Building Size:
12,150 SqFt
- Lot Size:
50,127.00 SqFt
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