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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Motels
1908 Buchanan St Hollywood, FL 33020-4017
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-0906378
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1958
Construction
CONCRETE
Total area
5,143 SF
Lot
0.31 ac (13,637 SF)
Zoning code
ND-2
APN
51-42-15-01-3280
UPID
US18-0906378
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$620k
Owner & transaction history
Mikmik Investments LLC · 12 yrs held
Mikmik Investments LLC
since 2014
4 recorded transactions
Zoning & alternative use
ND-2 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Family District FH-2 - Federal Highway Medium-High Intensity Mixed-Use District Lakes Transition District LT - Lakes Transition District North Downtown Districts ND-1 - North Downtown Low Intensity Multi-Family District ND-2 - North Downtown Medium Intensity Multi-Family District ND-3 - North Downtown High Intensity Mixed-Use District Parkside Districts PS-1…
Zone name
North Downtown Medium Intensity Multifamily District
General category
INDUSTRIAL
Zone area
31.97 ac
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
$620,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$555,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$121 / 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
$19,588
Tax year 2023
Assessed value
$776,410
Assessed 2023
Previous assessed
$776,410
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$122,730
Assessed improvement
$653,680
Land market value
$122,730
Improvement market value
$653,680
Total market value
$776,410
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
11
Bathrooms
12
Total area
5,143 SF
Lot
0.31 ac (13,637 SF)
Zoning code
ND-2
APN
51-42-15-01-3280
UPID
US18-0906378
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
ND-2 · Hollywood, FLZoning ND-2 · permitted uses
ND-2 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Family District FH-2 - Federal Highway Medium-High Intensity Mixed-Use District Lakes Transition District LT - Lakes Transition District North Downtown Districts ND-1 - North Downtown Low Intensity Multi-Family District ND-2 - North Downtown Medium Intensity Multi-Family District ND-3 - North Downtown High Intensity Mixed-Use District Parkside Districts PS-1 - Parkside Low Intensity Multi-Family District PS-2 - Parkside Medium Intensity Mul
Zone name
North Downtown Medium Intensity Multifamily District
General category
INDUSTRIAL
Zone area
31.97 ac
Building & site characteristics
From public records
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
11
Bathrooms
12
Lot
0.31 ac
Current owner
From public records · entity-resolved
Mikmik Investments LLC
Entity
Mailing address
1070 WATERSIDE LN, HOLLYWOOD, FL 33019-5003
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2014
$577,500
Mikmik Investments LLC
Pfc Loans LLC
Warranty Deed
$177,500 · Business Brokers LLC
Feb 18, 2014
$5,100
Pfc Lns
Aloha House & Resorting Coc
Trustees Deed
related
—
May 22, 2002
$425,000
Aloha House & Resort INC
Tetreault,jacques A
Grant Deed
$275,000 · Jacques A Tetreault
—
—
Mikmik Investments LLC
—
Deed Of Trust
related
$240,000 · Branch Bk&tr
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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