Property profile

1936 Hollywood Blvd A Hollywood, FL 33020

FOR SALE
Other investment properties
Property ID
US18-3016161
5,444 SF 0.14 ac lot Built 1925
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of two adjacent, side-by-side commercial spaces on Hollywood Boulevard that were configured for restaurant use and are internally connected. It includes an operating Peruvian dining concept and an adjacent lounge area with a full liquor license (4COP). The building provides street exposure and is set up to support continued food-and-beverage operations, including both dining and lounge service. Improvements include upgraded air-conditioning systems for both units, and one space that was redesigned and modernized. The site is located in a walkable and bikeable area (bike score 69; walk score 67) with some available transit options (transit score 41).

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1925
Construction CONCRETE
Total area 5,444 SF
Lot 0.14 ac (6,050 SF)
Zoning code RC-2
APN 51-42-15-01-4840
UPID US18-3016161

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Processing Plant Factory
  • Restaurant
  • Bar & Pub
  • Corporate Office

Location

1936 Hollywood Blvd, Unit A Hollywood, FL 33020
Hollywood metro Census 91903 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$740k

Owner & transaction history

since 2003
2 recorded transactions
2021
Price N/A
2003
Price N/A

Zoning & alternative use

RC-2 · Hollywood, FL
Zoning description

(d) RC-2 - Historic Retail Core (i) RC-2 - Historic Retail Core Use Table. RC-2 - Historic Retail Core Uses Main Permitted Uses 1 Accessory Uses Special Exception Uses Prohibited Uses Adult Educational Facilities, above…

General category COMMERCIAL
Top alternative use upside
Office building $2.7M +8.1%
Industrial (general) $2.5M +1.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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