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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Motels
1824 Washington St, Hollywood, FL 33020-6044
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-9305922
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1954
Construction
CONCRETE
Total area
5,948 SF
Lot
0.38 ac (16,442 SF)
Zoning code
FH-2
APN
51-42-22-10-2290
UPID
US18-9305922
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
-
Rio Motel Hotel & Motel
-
iFixx Anything Hollywood Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$859k
Blend (final)
Blend
$765k
Owner & transaction history
Washington Jewel LLC · 12 yrs held
Washington Jewel LLC
since 2013
7 recorded transactions
Zoning & alternative use
FH-2 · 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
$755,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$129 / 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
$27,221
Tax year 2023
Assessed value
$1,136,920
Assessed 2023
Previous assessed
$1,136,920
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$147,980
Assessed improvement
$988,940
Land market value
$147,980
Improvement market value
$988,940
Total market value
$1,136,920
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
1954
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
18
Total area
5,948 SF
Lot
0.38 ac (16,442 SF)
Zoning code
FH-2
APN
51-42-22-10-2290
UPID
US18-9305922
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
FH-2 · Hollywood, FL
Zoning FH-2 · permitted uses
FH-2 · 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
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
18
Lot
0.38 ac
Current owner
From public records · entity-resolved
Washington Jewel LLC
Entity
Mailing address
10465 CANTERBURY CT, DAVIE, FL 33328-1335
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2016
—
Washington Jewel LLC
—
Deed
related
$1,485,250 · Intercredit Bk
Oct 2, 2013
$880,000
Washington Jewel LLC
Hollywood Hotel Property LLC
Warranty Deed
—
Sep 27, 2010
—
Hollywood Hotel Property LLC
Rodriguez,julio & Maria
Warranty Deed
related
—
Sep 22, 2010
—
Julio Rodriguez
Cherry Apartments LLC
Grant Deed
related
—
May 15, 2008
$1,825,000
Cherry Apts LLC
Mayte 143 INC
Warranty Deed
$1,000,000 · Julio & Maria Rodriguez
Jun 18, 2002
$800,000
E R M Properties INC
Hamid,sayed A & Ramdai
Grant Deed
$600,000 · Turnberry Bank
Jul 16, 1998
$655,000
Sayed A Hamid
Brigette Eslava Trustee
Grant Deed
$455,000 · Individual
—
—
Washington Jewel LLC
—
Deed Of Trust
related
$1,485,250 · Intercredit Bk
—
—
Mayte143 INC
—
Deed Of Trust
related
$1,000,000 · Julio & Maria Rodriguez
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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