Back to Search
Property profile & analytics
FOR SALE
Office buildings
2435 Hollywood Blvd Hollywood, FL 33020
Entity Owned
~
Est. High Equity
Property ID
US18-3109913
For Sale
1 / 22
$3,770,000
2435 Hollywood Blvd, Hollywood, FL 33020
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1966
Construction
CONCRETE
Total area
12,632 SF
Lot
0.38 ac (16,754 SF)
Zoning code
RC-1
APN
51-42-16-01-6890
UPID
US18-3109913
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
-
Vensure Employer Services - HR Services in Florida Employment Agency Business Service Center
-
Boies Schiller & Flexner LLP Law Firm
-
Miller Charles Fox Law Firm
-
Alperstein Lauren M Law Firm
-
Joseph L. Schwartz Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.00M
Comparable Approach
Comparable
$4.62M
Blend (final)
Blend
$3.77M
Owner & transaction history
Icyj Group LLC
Icyj Group LLC
since 2026
Last sale
$3.8M
3 recorded transactions
Zoning & alternative use
RC-1 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,335,000
6.5%
$4,000,000
7%
$3,715,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,175,000
Current use
INDUSTRIAL (GENERAL)
$5,805,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,715,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$3.77M
Range $3.39M – $4.15M · ±10% · vs last sale $3.79M (Jan 9 2026)
Last sale anchor
$3.79M
Jan 9 2026
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
$298 / 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
$46,816
Tax year 2023
Assessed value
$1,914,600
Assessed 2023
Previous assessed
$1,835,120
+4.3% YoY
Effective rate
2.45%
On assessed value
Assessed land
$335,080
Assessed improvement
$1,579,520
Land market value
$335,080
Improvement market value
$1,579,520
Total market value
$1,914,600
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Total area
12,632 SF
Lot
0.38 ac (16,754 SF)
Zoning code
RC-1
APN
51-42-16-01-6890
UPID
US18-3109913
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RC-1 · Hollywood, FL
Zoning RC-1 · permitted uses
RC-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.2M
INDUSTRIAL (GENERAL)
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$5.7M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
1966
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Icyj Group LLC
Entity
Mailing address
2435 HOLLYWOOD BLVD, HOLLYWOOD, FL 33020-6605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2026
$3,790,000
Icyj Group LLC
2435 Hollywood Boulevard L C
Warranty Deed
$1,747,500 · Ocean Bank
Nov 6, 1998
$1,070,000
2435 Hollywood Boulevard Lc
2435 Boulevard INC
Grant Deed
related
$800,000 · Colonial Bank Fsb
—
—
2435 Hollywood Boulevard Lc
—
Deed Of Trust
related
$1,100,000 · Mellon United Bank
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?”
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.
