601 N 21st Avenue, Hollywood, Florida 33020 USA

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.

Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of APEX Capital Realty LLC.