New search
Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Motels
1915 Ocean Dr, Hollywood, FL 33019-3405
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-9187203
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1953
Construction
CONCRETE
Total area
4,493 SF
Lot
0.17 ac (7,509 SF)
Zoning code
BRT-25-C
APN
51-42-12-01-1270
UPID
US18-9187203
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
-
Hollywood Beach Hotels Hotel & Motel
-
The Seagull Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
$520k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
Meital 3 LLC · 1 yrs held
Meital 3 LLC
since 2025
Last sale
$835,000
7 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
Method
Estimation
Statistic approach
$785,000
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
$565,000
6.5%
$520,000
7%
$485,000
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $835k (Jun 2 2025)
Last sale anchor
$835k
Jun 2 2025
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
$180 / 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
$40,361
Tax year 2023
Assessed value
$2,153,490
Assessed 2023
Previous assessed
$2,153,490
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$338,430
Assessed improvement
$1,815,060
Land market value
$338,430
Improvement market value
$1,815,060
Total market value
$2,153,490
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
1953
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
10
Bathrooms
11
Total area
4,493 SF
Lot
0.17 ac (7,509 SF)
Zoning code
BRT-25-C
APN
51-42-12-01-1270
UPID
US18-9187203
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
1953
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
10
Bathrooms
11
Lot
0.17 ac
Current owner
From public records · entity-resolved
Meital 3 LLC
Entity
Mailing address
3350 SW 57TH PL, FORT LAUDERDALE, FL 33312-6369
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
$975,300
Meital 3 LLC
Meital 3 LLC
Warranty Deed
related
—
Aug 25, 2017
—
Julia 1 LLC
—
Loan Modification
related
$4,481,791 · Executive Nat'l Bk
Nov 13, 2008
$835,000
Meital 3 LLC
Oceanwood LLC
Special Warranty Deed
—
Aug 2, 2004
$1,380,000
Oceanwood LLC
Stylex Import & Export INC
Warranty Deed
—
Jul 27, 2004
—
Stylex Import & Export INC
—
Trustees Deed
related
$100,000 · Sterling Bank
Jan 6, 1997
$520,000
Stylex Import & Export INC
Lefrancois,therese & Leo
Grant Deed
$320,000 · Seller
—
—
Meital 1 LLC|meital 2 LLC
—
Deed Of Trust
related
$4,750,000 · Executive Nat'l Bk
—
—
Oceanwood LLC
—
Deed Of Trust
related
$780,000 · Allied Mortgage & Financial Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1915 Ocean Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
