$3,750,000

601 N 21st Ave, Hollywood FL 33020

About This Property

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

Location

Leaflet | © OpenStreetMap contributors

Satellite

+−

Hold Ctrl + scroll to zoom the map

Similar Properties

1 of 12

For Sale

Mixed Use

$4,795,000

2828 Hollywood Blvd, Hollywood FL 33020

— bd— bth— sq. ft.

1 of 13

For Sale

Mixed Use

$4,790,000

2814-2820 Hollywood Blvd, Hollywood FL 33020

— bd— bth— sq. ft.

1 of 70

For Sale

Single Family Residence

$4,750,000

5820 SW 33rd Ln, Hollywood FL 33312

5 bd6 bth5,357 sq. ft.

1 of 46

For Sale

Single Family Residence

$4,750,000

850 Washington St, Hollywood FL 33019

5 bd5 bth— sq. ft.

1 of 20

For Sale

Office

$4,690,000

1905 - 1909 Harrison St, Hollywood FL 33020

— bd— bth— sq. ft.

1 of 78

For Sale

Single Family Residence

$4,575,000

5811 SW 33rd Ter, Hollywood FL 33312

7 bd5 bth4,755 sq. ft.