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ActiveFor sale

115 S 20th Ave, Hollywood FL 33020, Hollywood

$890,000

Hollywood, FL, 33020

115 S 20th Ave, Hollywood FL 33020 — photo 1
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Property details

Days on market
87
MLS #
A11994989

Listing courtesy of LP Global Realty, LLC · 305-804-6242. Listing agent: Mariya Vlasova. MLS data last updated 2026-07-09.

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.

115 S 20th Ave, Hollywood FL 33020, Hollywoodfor sale, listed for $890,000.

239 listings for sale in 33020 · median $679,850.

Closest-priced alternatives

The 4 active listings closest in price within the same market segment:

Current market segment

Right now: 239 active listings for sale in 33020, median asking price $679,850, median $374/sqft.

n=239 · 2026-07-30 · Methodology

Run the numbers

New-listing flow (recorded)

listings for sale in 33020: 4 observed debuts, 1-week window with entry asking prices $1,550,000–$3,000,000.

n=4 · 2026-07-30 · Methodology

Local market report

ZIP vs city price level

Active listings like this in ZIP 33020 show a median asking $374/sqft — 3% below the Hollywood median asking of $385/sqft.

n=67 · 2026-07-30 · Methodology

Market intelligence recomputed weekly from the full live MLS feed · 2026-07-30 · Methodology

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.