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$990,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 115 S 20th Ave
General
- Price: $990,000
- Taxes: (2025)
- Status: Active
- Type: Business
- Source: Greater_Miami
- MLS ID: A11994989
- Updated: 4/14/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Bar/Lounge Only, Business, Restaurant
- Year Established: 2021
Interior
- Flooring: Vinyl
Additional Information
- Security/Safety: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System
Parking
- Parking Features: Common, Other, On Street
Location
- County: Broward County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C
- Heating Type: Central Individual A/C
Utilities
- Water: Public
Structural Information
- Structure Type: Lounge, Restaurant
- Detached/Attached: Detached
- Construction: CBS Construction
- Windows: Complete Impact Glass
- Other Struct. Feat.: Cocktail Lounge, Kitchen Facilities, Private Restrooms, Restaurant
Lot Features
- Lot Features: Corner Unit
Financial Considerations
- Insurance Fee: $26,692
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Documents Avail.: Aerial Photo(S), Equipment Inventory, Financial Statement, Inventory, Copy Of Lease(S), Other Available Information, Photos, Tax Return
- Inclusions: Furniture/Fixtures, Inventory, Leases, License, Business Only
Listed by LP Global Realty, LLC
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Schools
Schools serving 115 S 20th Ave
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Hollywood Central Elementary School 1700 Monroe Street, Hollywood, FL 33020 | K-5 | 0.3 mi |
Olsen Middle School 330 Southeast 11th Terrace, Dania Beach, FL 33004 | 6-8 | 1.8 mi |
South Broward High School 1901 North Federal Highway, Hollywood, FL 33020 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 S 20th Ave
Date
Details
Price
Change
Source
4/13/2026
Listed
$990,000
52.31%
MLS
9/08/2014
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 115 S 20th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$28,188
—
$1,347,980
12%
2024
$28,188
6%
$1,205,940
4%
2023
$26,470
22%
$1,155,220
30%
2021
$21,661
-8%
$891,450
-7%
2022
$23,420
8%
$962,460
19%
2021
$21,661
23%
$810,290
22%
2019
$17,681
16%
$662,220
10%
2018
$15,290
—
$602,020
1%
2017
$15,341
-2%
$597,960
—
2016
$15,602
-22%
$597,960
-28%
2015
$20,124
-4%
$828,730
-3%
2014
$20,916
3%
$858,730
10%
2013
$20,295
—
$780,670
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 S 20th Ave
115 S 20th Ave, Hollywood, FL 33020 (MLS# A11994989) is a Business property. 115 S 20th Ave is currently listed for $990,000 and was received on April 13, 2026. Want to learn more about 115 S 20th Ave? Do you have questions about finding other Business real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

