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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Assisted living facilities
2101 16th Ave Hollywood, FL 33020-2552
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-8088885
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1968
Construction
CONCRETE
Total area
4,401 SF
Lot
0.23 ac (10,001 SF)
Zoning code
FH-1
APN
51-42-10-21-0110
UPID
US18-8088885
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
$1.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$1.79M
Owner & transaction history
Arc Of Angels Of Florida LLC · 4 yrs held
Arc Of Angels Of Florida LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
FH-1 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
xie Highway Districts DH-1 - Dixie Highway Low Intensity Multi-Family District DH-2 - Dixie Highway Medium Intensity Multi-Family District DH-3 - Dixie Highway High Intensity Mixed-Use District Federal Highway Districts FH-1 - Federal Highway Low-Medium Intensity Multi-Family District FH-2 - Federal Highway Medium-High Intensity Mixed-Use District Lakes Tran…
Zone name
Federal Highway Low Medium Intensity Multifamily District
General category
RESIDENTIAL
Zone area
70.00 ac
Top alternative use upside
Neighborhood: shopping center
$2.9M
+79.0%
Auto repair, garage
$2.6M
+58.0%
Office building
$2.2M
+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
$1,740,000
ML approach
$1,830,000
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)
$1,640,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,935,000
Change: +79% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,590,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$2,150,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,990,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,565,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$1,545,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$1,485,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.79M
Range $1.61M – $1.97M · ±10% · vs last sale $1.50M (Jun 9 2022)
Last sale anchor
$1.50M
Jun 9 2022
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
$407 / 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
$23,274
Tax year 2023
Assessed value
$1,005,630
Assessed 2023
Previous assessed
$900,620
+11.7% YoY
Effective rate
2.31%
On assessed value
Assessed land
$225,020
Assessed improvement
$780,610
Land market value
$225,020
Improvement market value
$780,610
Total market value
$1,005,630
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
1968
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
6
Bathrooms
6
Total area
4,401 SF
Lot
0.23 ac (10,001 SF)
Zoning code
FH-1
APN
51-42-10-21-0110
UPID
US18-8088885
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
FH-1 · Hollywood, FLZoning FH-1 · permitted uses
FH-1 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
xie Highway Districts DH-1 - Dixie Highway Low Intensity Multi-Family District DH-2 - Dixie Highway Medium Intensity Multi-Family District DH-3 - Dixie Highway High Intensity Mixed-Use District Federal Highway Districts FH-1 - Federal Highway Low-Medium Intensity Multi-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
Zone name
Federal Highway Low Medium Intensity Multifamily District
General category
RESIDENTIAL
Zone area
70.00 ac
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
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
1968
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Bathrooms
6
Lot
0.23 ac
Current owner
From public records · entity-resolved
Arc Of Angels Of Florida LLC
Entity
Free & Clear · 4 yrs held
Mailing address
21304 ROCK RDG DR, BOCA RATON, FL 33428-4874
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jun 9, 2022
—
Arc Of Angels Of Florida LLC
2101 LLC
Quit Claim Deed
related
—
Jun 1, 2022
—
Arc Of Angels Of Florida LLC
2101 LLC
Quit Claim Deed
related
—
Feb 15, 2019
$1,250,000
Arc Of Angels Of Florida LLC
2101 LLC
Grant Deed
$1,071,000 · 2101 LLC
Oct 23, 2018
$750,000
2101 LLC
Global Assets Properties LLC
Warranty Deed
—
Jan 10, 2017
—
Global Assets Properties LLC
Hollywood Hills Alf Ll Coc
Trustees Deed
related
—
May 20, 2010
$310,000
Global Assets Properties LLC
Blue Ribbon Homes LLC
Warranty Deed
$232,500 · Jolene Funding LLC
Dec 28, 2006
—
Blue Ribbon Homes LLC
Real Estate Depot INC
Quit Claim Deed
related
—
Mar 15, 2006
$665,000
Real Estate Depot INC
Ramnanan-ramdass,lilawattie
Grant Deed
—
May 27, 2004
$725,000
Lilawattie Ramnanan-ramdass
Bondos,roman & Stella
Grant Deed
$580,500 · Wachovia Sba Lending INC
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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