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Property profile & analytics
OFF-MARKET
Estimated value
$8,615,000
Hospitals
1600 Taft St Hollywood, FL 33020-3272
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-2643375
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1969
Construction
CONCRETE
Total area
69,680 SF
Lot
6.76 ac (294,355 SF)
Zoning code
RM-18
APN
51-42-10-00-0380
UPID
US18-2643375
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
source fulfillment Warehouse & Storage
-
SaleYourHouse Real Estate Agency
-
Eastside Active Living Retirement Community
-
Eastside Active Living Independent and Assisted Senior Living Community Nursing Home Retirement Community
-
Eastside Studio Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.38M
Blend (final)
Blend
$8.62M
Owner & transaction history
Nova Palms Holding LLC · 11 yrs held
Nova Palms Holding LLC
since 2014
3 recorded transactions
Zoning & alternative use
RM-18 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollywood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.62M
Range $7.75M – $9.48M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$124 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$195,174
Tax year 2023
Assessed value
$5,876,410
Assessed 2023
Previous assessed
$5,876,410
+0.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$2,649,200
Assessed improvement
$3,227,210
Land market value
$2,649,200
Improvement market value
$3,227,210
Total market value
$5,876,410
Applied tax rate
513.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
120
Bathrooms
120
Total area
69,680 SF
Lot
6.76 ac (294,355 SF)
Zoning code
RM-18
APN
51-42-10-00-0380
UPID
US18-2643375
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RM-18 · Hollywood, FL
Zoning RM-18 · permitted uses
RM-18 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
120
Bathrooms
120
Lot
6.76 ac
Current owner
From public records · entity-resolved
Nova Palms Holding LLC
Entity
Mailing address
1600 TAFT ST, HOLLYWOOD, FL 33020-3272
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
—
Oceanside Senior Living LLC
—
Deed
related
$8,000,000 · Optimumbank
Dec 31, 2014
$7,815,000
Nova Palms Holding LLC
Mae Of South Florida INC
Grant Deed
$8,500,000 · Nova Palms Retirement Residenc
Dec 31, 2014
$940,000
Mae Of South Florida INC
Gem Management Holdings INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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