Property 115 S 20th Avenue, Hollywood, FL 33020 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.
115 S 20th Avenue, Hollywood, FL 33020
- Price:
- $890,000.00
- Original List Price:
- $990,000.00
- Year Established:
- 2021
- Years Current Owner:
- 4
- Special Licenses:
- Liquor, City License
- Hours and Days Of Operation:
- Open -8 Hours/day
- Listing Type:
- For Sale
- Status:
- Active
- Business Type:
- Bar/tavern/lounge, Restaurant, Commercial
- Listing Category:
- Business Opportunity
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 9, 2026 10:59 pm
- Waterfront:
- No
- Security:
- Smoke Detector(s), Fire Sprinkler System, Fire Alarm
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Central Individual
- Building:
- Restaurant, Kitchen Facilities, Private Restroom(s), Lounge
- Construction Materials:
- CBS
- Flooring:
- Vinyl
- Tax Year:
- 2025
- Insurance Expense:
- $26,692.00
- Parking Features:
- Common, Other, On Street
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Inventory, Aerial Photo(s), Photos, Copy Of Lease(s), Financial Statement, Equipment Inventory, Other Available Information, Tax Return
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Close Of Escrow
- Active on the market since:
- April 13, 2026
- Listing Agreement executed on:
- April 13, 2026
- Price change occurred on:
- July 9, 2026 10:59 pm
- Listing Status Last Changed On:
- April 13, 2026 4:00 am
- Photos updated on:
- July 9, 2026 10:00 pm
- Last Modified:
- July 9, 2026 10:01 pm
- Courtesy of:
- LP Global Realty, LLC
- Attribution:
- Not provided
- Street Name:
- 20th
- Street Number:
- 115
- City:
- Hollywood
- State:
- Florida
- Zip Code:
- 33020
- County:
- Broward
- Latitude:
- N26° 0' 39''
- Longitude:
- W81° 51' 11.7''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- S

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