Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

2514 Hollywood Boulevard

Hollywood, FL 33020  ·  18-02 Office building, multi tenant - 2 or more stories  ·  Folio 514216017340
Building
24,219
square feet
Lot
20,326
0.47 acres
Year built
1954
72 years old
Assessed value
$2,727,760
$113/SF assessed

Ownership and recorded sale history

Owner of recordMODERN WORK SPACE LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2026 — $573,000
At that sale$24/SF
Years since0 years
Broward County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Downtown Hollywood / Federal Highway

Recorded transactions for office properties in the downtown core along Hollywood Boulevard and the Federal Highway pairs, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2024
Median price/SF
$200
$29 – $460
Median size
9,824
square feet
Median vintage
1963
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $113/SF. Recorded sales of office properties in Downtown Hollywood / Federal Highway since 2021 have a median of $200/SF, across a range of $29/SF to $460/SF.

Across those 8 recorded sales, the median sale price came in at 1.03× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

At 24,219 SF this building is materially larger than the 9,824 SF median for office properties trading in this corridor, which narrows the pool of directly comparable transactions.

By footprint it sits in roughly the 91th percentile of office properties that have traded in this corridor — 1 of the 11 recorded sales were of larger buildings.

The assessment works out 44% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
1915 Harrison St
Office Building, multi-story
5,44020072024$2,500,000$460
2950 N 28 Ter + 1 more parcel
Office Building, multi-story · combined 34,518 SF portfolio sale
34,51819672023$7,350,000$213
1818 Sheridan St
Office Building, multi-story
7,49919852022$2,250,000$300
601 S 21 Ave
Office Building, 1 story
12,15019572022$1,980,000$163
2227 N Federal Highway
Office
24,17919602022$710,000$29
1917 Harrison St
Office Building, 1 story
2,42519562022$625,000$258
3100 N 29 Ct
Office Building, multi-story
13,44419912021$1,675,000$125
2710 Polk St
Office Building, 1 story
2,54919472021$475,000$186
Recorded sale prices from Broward County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Broward County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 514216017340." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.