Property profile

2535 40th Ave Hollywood, FL 33021

OFF-MARKET
Office buildings
Property ID
US18-5313277
2,878 SF 0.36 ac lot Built 1982
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction CONCRETE
Total area 2,878 SF
Lot 0.36 ac (15,834 SF)
Zoning code RM-9
APN 51-42-05-01-1570
UPID US18-5313277

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
  • Church
  • Law Firm

Location

2535 40th Ave Hollywood, FL 33021-3005
Hollywood metro Census 90502 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$910k
Comparable Approach Comparable
$739k
Blend (final) Blend
$390k

Owner & transaction history

since 2014
1 recorded transaction
2014
$360,000

Zoning & alternative use

RM-9 · Hollywood, FL
Zoning description

a. Not permitted in Single Family Districts, RM-9, RM-12 and RM-18 Districts. Further, no tower shall be within 400 ft. of a single family district. b. All other districts: Special Exception and Site Plan Review required…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $1.3M +14.7%

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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