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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Assisted living facilities
1928 Washington St Hollywood, FL 33020-6046
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-8436988
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1951
Construction
CONCRETE
Total area
1,541 SF
Lot
0.16 ac (6,923 SF)
Zoning code
PS-1
APN
51-42-22-10-0870
UPID
US18-8436988
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 manor assisted living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$907k
Blend (final)
Blend
$825k
Owner & transaction history
Ronald Francois · 10 yrs held
Ronald Francois
since 2016
7 recorded transactions
Zoning & alternative use
PS-1 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
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 Multi-Family District PS-3 - Parkside High Intensity Mix…
Zone name
Parkside Low Intensity Multifamily District
General category
RESIDENTIAL
Zone area
61.27 ac
Top alternative use upside
Neighborhood: shopping center
$1.0M
+79.0%
Auto repair, garage
$905,000
+58.0%
Office building
$755,000
+31.1%
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
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$575,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,030,000
Change: +79% · Conversion: Difficult
AUTO REPAIR, GARAGE
$905,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$755,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$695,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$550,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$540,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$520,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$535 / 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
$7,952
Tax year 2023
Assessed value
$405,270
Assessed 2023
Previous assessed
$309,780
+30.8% YoY
Effective rate
1.96%
On assessed value
Assessed land
$62,310
Assessed improvement
$342,960
Land market value
$62,310
Improvement market value
$342,960
Total market value
$405,270
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1951
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
2
Bathrooms
2
Total area
1,541 SF
Lot
0.16 ac (6,923 SF)
Zoning code
PS-1
APN
51-42-22-10-0870
UPID
US18-8436988
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PS-1 · Hollywood, FLZoning PS-1 · permitted uses
PS-1 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
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 Multi-Family District PS-3 - Parkside High Intensity Mixed-Use District Pembroke Road District PR - Pembroke Road Mixed-Use District Sherid
Zone name
Parkside Low Intensity Multifamily District
General category
RESIDENTIAL
Zone area
61.27 ac
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$905,000
OFFICE BUILDING
Est. value
$755,000
COMMERCIAL (GENERAL)
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$550,000
MEDICAL BUILDING
Est. value
$540,000
RETAIL STORES
Est. value
$520,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1951
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Ronald Francois
Individual
Mailing address
1928 WASHINGTON ST, HOLLYWOOD, FL 33020-6046
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Jul 28, 2016
—
Ronald Francois
Francois,ronald & Martine
Quit Claim Deed
related
—
Oct 6, 2004
—
Ronald Francois
Francois,ronald
Quit Claim Deed
related
—
Aug 25, 2004
—
Maruca John & Rose Trust
Maruca,john
Quit Claim Deed
related
—
Jul 22, 2004
$230,000
Ronald Francois
Chess,norman
Warranty Deed
$218,500 · Countrywide Home Loans INC
Oct 15, 2001
$108,000
Norman Chess
Bellanger,george
Grant Deed
$86,400 · First Union Mortgage
—
—
Ronald Francois
—
Deed Of Trust
related
$265,000 · Delta Funding
—
—
Ronald Francois
—
Deed Of Trust
related
$55,000 · 123loan LLC
—
—
Ronald Francois
—
Deed Of Trust
related
$23,769 · Key Bank NA
—
—
Ronald Francois
—
Deed Of Trust
related
$20,220 · Key Bank NA
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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