2501 Ocean Dr C-11C Hollywood, FL 33019-2633
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The Wave Condominium Complex
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ipotekausa Loan Service Bank
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Hollywood marriot Hotel & Motel
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JLJ Fitness Gym & Fitness Center
g. South Central Beach Residential Multifamily District - RM-25-SCB. All properties within RM-25-SCB shall meet all applicable codes and regulations as well as Specific Site Requirements, General Site Requirements, Landscape Standards and District Design Standards. See Appendix 1 , for illustration of height and setback requirements. (1) Uses: (a) Main permi…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
RM-25 · Hollywood, FLg. South Central Beach Residential Multifamily District - RM-25-SCB. All properties within RM-25-SCB shall meet all applicable codes and regulations as well as Specific Site Requirements, General Site Requirements, Landscape Standards and District Design Standards. See Appendix 1 , for illustration of height and setback requirements. (1) Uses: (a) Main permitted uses: (i) Residential; (ii) Hotels and motels; and (iii) Bed & Breakfast. (b) Special exception: (i) Places of public assembly, including places of worship, meeting halls and fraternal lodges; and (ii) Schools, public or private, including adult educational facilities. (c) Accessory uses: Any use that is customarily associated with the main permitted uses. (d) Prohibited uses: Any other use not listed as a main permitted use. (2) Maximum density: (a) Residential: 25 units per acre (b) Hotel/motel: 50 rooms per acre (3) Building height: (a) Overall: 50 feet (b) With State Road A1A frontage: 65 feet (4) Building setbacks: (a) Building base setbacks**: Cross Streets 20 feet Intracoastal 15 feet State Road A1A 25 feet Ocean Front 15 feet Surf Road 25 feet Interior 10 foot minimum. 20 foot minimum for lots larger than 19,000 net sf and at ends of cross streets on oceanfront lots. ** Cross Street setbacks may be a minimum of ten feet for up to 40% of the site frontage. ** Oceanfront setbacks may be a minimum of ten feet for up to 60% of the building length measured along the Broadwalk Dedication. Note: Building base setback on Intracoastal shall be measured from seawall. (b) Building tower setbacks*** Cross Streets 20 feet minimum; additional 1 foot per every 1 foot of height above 50 feet. Intracoastal 15 feet State Road A1A 25 feet minimum; additional 1 foot per every 1 foot of height above 50 feet. Ocean Front 15 feet Surf Road 25 feet Interior 10 foot minimum. 20 foot minimum for lots larger than 19,000 net sf and at ends of cross streets on oceanfront lots. *** Cross Street and State Road A1A building tower setbacks may match building base setbacks for up to 40% of the site frontage. ** Oceanfront setbacks may be a minimum of ten feet for up to 60% of the building length measured along the Broadwalk Dedication. Note 1: No setback shall exceed 50 feet. Note 2: Building tower setback shall be measured from seawall. (c) Active liners and uses**** Minimum depths 15 feet ****Active liners shall occur at all levels of parking. Active uses shall occur at the ground floor with the exception of the east side of Surf Road frontage. (5) Off-street parking standards: (a) Notwithstanding the provisions of
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.