115 S 20th Ave, Hollywood FL 33020, HOLLYWOOD, FL, 33020
Active125 days on marketListed Apr 13, 2026MLS #A11994989
About this property
The property at a glance
Exceptional opportunity to acquire Wave Lounge, Bar & Nightclub, a fully operational, fully furnished, and fully equipped turnkey nightlife venue in the heart of Downtown Hollywood, Florida. Located in one of South Florida’s most vibrant entertainment districts, this established business benefits from prime visibility, strong foot traffic, and a dynamic surrounding mix of restaurants, retail, residential developments, and nightlife destinations. Wave offers a stylish, fully built-out interior and an established concept with strong local presence and brand recognition. Known for its energetic atmosphere, entertainment-driven experience, DJ nights, karaoke events, and loyal clientele, the venue is positioned as a standout destination in the Downtown Hollywood nightlife scene. This sale includes the business fully furnished and equipped, with furniture, fixtures, equipment, and operational setup in place for immediate continued operation. A major highlight of this offering is that the sale also includes the hard liquor license, adding substantial value and making this an especially attractive opportunity for an owner-operator, hospitality group, or investor seeking a ready-to-operate venue in a prime South Florida location. This is a rare chance to take over an established bar, lounge, and nightclub concept in a highly desirable Broward County location with excellent upside potential. Business only.
0
Lot sq ft
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$4,978/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Cindy to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
4,264
Population
$51,047
Median income
36
Median age
2
Avg household
$204,413
Median home value
$1,467/mo
Median rent
413
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Recent sales
What actually sold near 115 S 20th Ave
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,550
1910 N DIXIE HWY # 1912, Hollywood FL 33020
Sold Jun 17, 2026
$6,000
1920 Tyler St, Hollywood FL 33020
Sold Jun 18, 2026
$2,000
2734 Polk Street, Hollywood FL 33020
Sold Jun 28, 2026
Your team
The pros in your corner
Your agent
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 115 S 20th Ave — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 115 S 20th Ave.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of LP Global Realty, LLC · Mariya Vlasova. MLS #A11994989.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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