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Investment Highlights
- Immediate Income in Place -Tenant on a month-to-month at $31,000/mo ($372,000/yr) w/potential to sign a 1 yr lease extension at closing
- Dual-Use Flexibility - Existing layout supports continued school use or straightforward conversion to a freestanding office building
- TC-1 Zoning - Supports a range of commercial and educational uses, adding optionality for repositioning
- Turn-Key Educational Facility -Fully licensed K-5 private school built for 80 students w/approved capacity to expand to 103
- 2-Story, 8,636 SF Bldg on 19,788 SF Lot - Efficient building-to-land ratio w/room for outdoor programming, drop-off circulation, or future expansion
- Prime Broward County Location - Situated in Hollywood, a market of 153,000+ residents
Executive Summary
***Owner-User or Investor Play - Acquire with income in place, occupy immediately, or reposition multiple exit strategies from day one***
Lee & Associates presents 2751 Van Buren Street, an 8,636-square-foot K-5 licensed private school facility situated on a 19,788-square-foot lot in Hollywood, Florida. Currently licensed for 80 students with the potential to expand to 103, the property features a fully built-out educational layout including multiple classrooms, two offices, two conference rooms, a media room, library, storage rooms, a waiting area, and both private and multi-stall restrooms.
The existing infrastructure provides a turn-key solution for an educational operator while also offering flexibility for conversion to a freestanding office building or medical office making this a compelling opportunity for an owner-user, investor, or value-add buyer.
The property is currently occupied by a tenant on a month-to-month basis generating approximately $31,000/month in base rent, with garbage and utilities paid separately by the tenant. If desired, the tenant has expressed willingness to execute a one-year lease extension, providing immediate income stability and a defined transition period for a new owner.
Strategically positioned less than one mile from I-95 and approximately 3.8 miles from the Florida Turnpike, the property offers excellent regional connectivity. Located in Hollywood a dynamic Broward County market with over 153,000 residents and proximity to Port Everglades and Fort Lauderdale-Hollywood International Airport the site benefits from strong population density and direct access to major employment and transportation hubs.
Hollywood is currently in the midst of a transformational growth cycle, with nearly $1.5 billion in development recently completed, under construction, or planned anchored by a $670M expansion of Memorial Regional Hospital, multiple luxury high-rise towers along the coast and Federal Highway corridor, and major mixed-use projects citywide. The result is accelerating population growth, rising rooftop density, and surging demand for neighborhood retail, office, and healthcare services making this an ideal moment to acquire a well-located, income-producing asset in one of Broward County's most active submarkets.
Lee & Associates presents 2751 Van Buren Street, an 8,636-square-foot K-5 licensed private school facility situated on a 19,788-square-foot lot in Hollywood, Florida. Currently licensed for 80 students with the potential to expand to 103, the property features a fully built-out educational layout including multiple classrooms, two offices, two conference rooms, a media room, library, storage rooms, a waiting area, and both private and multi-stall restrooms.
The existing infrastructure provides a turn-key solution for an educational operator while also offering flexibility for conversion to a freestanding office building or medical office making this a compelling opportunity for an owner-user, investor, or value-add buyer.
The property is currently occupied by a tenant on a month-to-month basis generating approximately $31,000/month in base rent, with garbage and utilities paid separately by the tenant. If desired, the tenant has expressed willingness to execute a one-year lease extension, providing immediate income stability and a defined transition period for a new owner.
Strategically positioned less than one mile from I-95 and approximately 3.8 miles from the Florida Turnpike, the property offers excellent regional connectivity. Located in Hollywood a dynamic Broward County market with over 153,000 residents and proximity to Port Everglades and Fort Lauderdale-Hollywood International Airport the site benefits from strong population density and direct access to major employment and transportation hubs.
Hollywood is currently in the midst of a transformational growth cycle, with nearly $1.5 billion in development recently completed, under construction, or planned anchored by a $670M expansion of Memorial Regional Hospital, multiple luxury high-rise towers along the coast and Federal Highway corridor, and major mixed-use projects citywide. The result is accelerating population growth, rising rooftop density, and surging demand for neighborhood retail, office, and healthcare services making this an ideal moment to acquire a well-located, income-producing asset in one of Broward County's most active submarkets.
Property Facts
| Price | $5,386,457 CAD | Lot Size | 0.45 AC |
| Price Per SF | $623.72 CAD | Building Size | 8,636 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1985 |
| Property Subtype | Schools | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.16/1,000 SF |
| Zoning | TC-1 - "For Office Space or Place of Worship use, the existing playground area can be converted to provide an additional 13–14 parking spaces." | ||
| Price | $5,386,457 CAD |
| Price Per SF | $623.72 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 8,636 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | TC-1 - "For Office Space or Place of Worship use, the existing playground area can be converted to provide an additional 13–14 parking spaces." |
Amenities
- Air Conditioning
- Smoke Detector
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 51-42-16-02-3110 | Improvements Assessment | $1,416,515 CAD |
| Land Assessment | $512,695 CAD | Total Assessment | $1,929,211 CAD |
Property Taxes
Parcel Number
51-42-16-02-3110
Land Assessment
$512,695 CAD
Improvements Assessment
$1,416,515 CAD
Total Assessment
$1,929,211 CAD
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2751 Van Buren St
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