Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Medical Office Space
2607 Polk St Hollywood, FL 33020-4822
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-5579954
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1953
Construction
CONCRETE
Total area
3,173 SF
Lot
0.33 ac (14,512 SF)
Zoning code
TC-1
APN
51-42-16-02-3490
UPID
US18-5579954
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
-
Robin Simon, DO, FAOAO Physician
-
Vinsant Orthopedic Group-S Fl Physician
-
Bruce Mark, DC Alternative Medicine Practice
-
Daniel A. Wasserman, Acupuncture Physician Alternative Medicine Practice Acupuncture
-
Dr. Adam Ringler Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$535k
Owner & transaction history
Jodee Holdings LLC · 8 yrs held
Jodee Holdings LLC
since 2018
1 recorded transaction
Zoning & alternative use
TC-1 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
cter, and uses to adjacent residential neighborhoods. The Regional Activity Center and Downtown Redevelopment District area consists of the following zoning districts: Core Districts MC-1 - Multi-Family Residential Core TC-1 - Transitional Core RC-1 - Retail Core RC-2 - Historic Retail Core Dixie Highway Districts DH-1 - Dixie Highway Low Intensity Multi-Fam…
Zone name
Transitional Core
General category
RESIDENTIAL
Zone area
48.40 ac
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
$350,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
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
$169 / 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
Assessed value
$949,350
Assessed 2023
Previous assessed
$949,350
+0.0% YoY
Assessed land
$290,240
Assessed improvement
$659,110
Land market value
$290,240
Improvement market value
$659,110
Total market value
$949,350
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1953
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
3,173 SF
Lot
0.33 ac (14,512 SF)
Zoning code
TC-1
APN
51-42-16-02-3490
UPID
US18-5579954
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TC-1 · Hollywood, FLZoning TC-1 · permitted uses
TC-1 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
cter, and uses to adjacent residential neighborhoods. The Regional Activity Center and Downtown Redevelopment District area consists of the following zoning districts: Core Districts MC-1 - Multi-Family Residential Core TC-1 - Transitional Core RC-1 - Retail Core RC-2 - Historic Retail Core Dixie Highway Districts DH-1 - Dixie Highway Low Intensity Multi-Family District DH-2 - Dixie Highway Medium Intensity Multi-Family District DH-3 - Dixi
Zone name
Transitional Core
General category
RESIDENTIAL
Zone area
48.40 ac
Building & site characteristics
From public records
Year built
1953
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Jodee Holdings LLC
Entity
Mailing address
2607 POLK ST, HOLLYWOOD, FL 33020-4822
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2018
$980,000
Jodee Holdings LLC
Vinsant,john E JR & Deborah
Warranty Deed
related
$784,000 · Regions Bk
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?”
You own 2607 Polk St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
