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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Motels
1701 Ocean Dr, Hollywood, FL 33019-3411
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US19-0183318
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1959
Construction
CONCRETE
Total area
9,744 SF
Lot
0.42 ac (18,333 SF)
Zoning code
BRT-25-C
APN
51-42-12-01-1010
UPID
US19-0183318
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
-
Wellington Towers Condominium Complex
-
Sal’s Hollywood House cleaning Llc Hardware & Home Improvement
-
Ocean Drive Villas Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
1701nod LLC
1701nod LLC
since 2026
Last sale
$725,000
6 recorded transactions
Zoning & alternative use
BRT-25-C · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$69 / 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
$86,955
Tax year 2023
Assessed value
$3,952,690
Assessed 2023
Previous assessed
$3,952,690
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$826,270
Assessed improvement
$3,126,420
Land market value
$826,270
Improvement market value
$3,126,420
Total market value
$3,952,690
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1959
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
22
Total area
9,744 SF
Lot
0.42 ac (18,333 SF)
Zoning code
BRT-25-C
APN
51-42-12-01-1010
UPID
US19-0183318
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
BRT-25-C · Hollywood, FL
Zoning BRT-25-C · permitted uses
BRT-25-C · 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
1959
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
22
Lot
0.42 ac
Current owner
From public records · entity-resolved
1701nod LLC
Entity
Mailing address
3405 N OCEAN DR, HOLLYWOOD, FL 33019-3805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
$725,000
1701nod LLC
Lodka House INC
Warranty Deed
—
Oct 23, 2025
$4,100,000
1701 Nod LLC
Lodka House INC
Warranty Deed
$3,450,000 · Lodka House INC
Aug 29, 2013
$2,600,000
Lodka House INC
Ocean Dr Villas LLC
Warranty Deed
$700,000 · Ocean Dr Villas LLC
May 9, 2008
$2,075,000
Ocean Dr Villas LLC
Paganea INC
Warranty Deed
—
—
—
Paganea INC
—
Deed Of Trust
related
$1,500,000 · Landmark Bank
—
—
Paganea INC
—
Deed Of Trust
related
$765,500 · International Bank Of Miami
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.
Try Rey
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