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.

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Days on the market

115 S 20th Avenue, Hollywood, FL 33020

Price
Price:
$890,000.00
Original List Price:
$990,000.00
Business Info
Year Established:
2021
Years Current Owner:
4
Special Licenses:
Liquor, City License
Hours and Days Of Operation:
Open -8 Hours/day
Property Status and Type
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
Property Features
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
Construction Materials:
CBS
Flooring:
Vinyl
Taxes and Expenses
Tax Year:
2025
Insurance Expense:
$26,692.00
Parking
Parking Features:
Common, Other, On Street
Utilities
Water Source:
Public
Community
Senior Community:
No
Terms
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
Listing History
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
Additional Information
Courtesy of:
LP Global Realty, LLC
Attribution:
Not provided
Location
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
Property Map

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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) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 115 S 20th Avenue, Hollywood, FL 33020
Association of REALTORS®
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