New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,050,000
Motels
2901 Ocean Dr, Hollywood, FL 33019-3707
Trust Owned
15-yr Hold
Free & Clear
Property ID
US18-9889812
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1950
Construction
CONCRETE
Total area
7,917 SF
Lot
0.32 ac (13,935 SF)
Zoning code
BRT-25-R
APN
51-42-12-02-0730
UPID
US18-9889812
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
-
Pousada Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.05M
Owner & transaction history
Rubio Family Trust · 15 yrs held
Rubio Family Trust
since 2011
7 recorded transactions
Zoning & alternative use
BRT-25-R · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$259 / 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
$59,348
Tax year 2023
Assessed value
$3,048,990
Assessed 2023
Previous assessed
$3,048,990
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$628,050
Assessed improvement
$2,420,940
Land market value
$628,050
Improvement market value
$2,420,940
Total market value
$3,048,990
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
17
Total area
7,917 SF
Lot
0.32 ac (13,935 SF)
Zoning code
BRT-25-R
APN
51-42-12-02-0730
UPID
US18-9889812
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
BRT-25-R · Hollywood, FL
Zoning BRT-25-R · permitted uses
BRT-25-R · 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.
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
17
Lot
0.32 ac
Current owner
From public records · entity-resolved
Rubio Family Trust
Trust
Free & Clear · 15 yrs held
Mailing address
18099 SW 54TH ST, MIRAMAR, FL 33029-5089
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2011
—
Rubio Family Trust
Rubio,jose
Quit Claim Deed
related
—
Jul 7, 2010
$1,300,000
Surjeet Investments Group LLC
Vizcaya Controls LLC
Grant Deed
$1,225,000 · Biscayne Bank
Apr 9, 2010
—
Vizcaya Control LLC
Sapphire LLC Coc
Trustees Deed
related
—
Aug 12, 2003
$1,550,000
Sapphire LLC
Poucada INC
Grant Deed
$1,250,000 · Laurent Boivin
—
—
Surjeet Investments Group LLC
—
Deed Of Trust
related
$525,000 · Lender Private Party
—
—
Surjeet Investments Group LLC
—
Deed Of Trust
related
$1,201,000 · Intercredit Bk
—
—
Sapphire LLC
—
Deed Of Trust
related
$1,700,000 · Spectrum Mortgage Group INC
—
—
Surjeet Investments Group LLC
—
Loan Modification
related
$1,300,000 · Biscayne Bank
—
—
Surjeet Investments Group LLC
—
Deed Of Trust
related
$380,000 · Rubio Family Trust (rt)
—
—
Sapphire LLC
—
Deed Of Trust
related
$250,000 · Home Federal Bank Hollywood
—
—
Sapphire LLC
—
Deed Of Trust
related
$1,682,818 · Biscayne 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.
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