Property 115 S 20th Ave Hollywood for sale with MLS# A11994989

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.

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Days on the market

115 S 20th Ave, Hollywood, FL 33020

Price
Price:
$990,000.00
Original List Price:
$990,000.00
Business Info
Financial Data Source:
Other, Accountant
Year Established:
2021
Years Current Owner:
4
Number Of Full Time Employees:
8
Special Licenses:
City, Liquor
Hours and Days Of Operation:
Open Less Than8 Hours Day
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Bar/tavern/lounge, Restaurant
Listing Category:
Business Opportunity
MLS Number:
A11994989
Description of Last Important Update:
New Listing
Last Major Update on:
April 13, 2026 10:32 pm
Measures
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Security:
Smoke Detector(s), Fire Sprinkler System
Windows:
Impact Glass, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Storm Protection:
Complete Impact Glass
Construction
Construction Materials:
Block
Flooring:
Vinyl
Taxes and Expenses
Tax Annual Amount:
$0.00
Tax Year:
2025
Insurance Expense:
$26,692.00
Parking
Covered Spaces:
0
Parking Features:
Common, Other, On Street
Utilities
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Aerial, Ground Photo, Other, Financials, Inventory, Lease, Tax Information, Ground Photo
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Close Of Escrow
Listing History
Originally published on:
April 13, 2026 10:32 pm
Active on the market since:
April 13, 2026
Price change occurred on:
April 4, 2026 1:12 pm
Listing Status Last Changed On:
April 13, 2026 10:32 pm
Photos updated on:
April 14, 2026 2:48 am
Last Modified:
April 14, 2026 6:00 am
Additional Information
Courtesy of:
LP Global Realty, LLC
Attribution:
Not provided
Location
Street Name:
20th Ave
Street Number:
115
City:
Hollywood
State:
Florida
Zip Code:
33020
County:
Broward
Latitude:
N26° 0' 40.1''
Longitude:
W81° 51' 11.2''
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $52,535
Median Home Value $306,700
Median Rent $1,444/mo
Median Age 39
Population 44,112

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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 by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.