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Property profile & analytics
OFF-MARKET
Estimated value
$13,240,000
Warehouses
3069 Taft St Hollywood, FL 33021-4440
Entity Owned
17-yr Hold
Free & Clear
Property ID
US19-0308978
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
CONCRETE
Total area
57,528 SF
Lot
3.45 ac (150,173 SF)
Zoning code
IM-1
APN
51-42-08-16-0040
UPID
US19-0308978
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
-
Eventos weekend Bar & Pub
-
Invicta Watch USA: Corporate Headquarters Corporate Office Business Park
-
A' Louest (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.54M
Comparable Approach
Comparable
$13.74M
Blend (final)
Blend
$13.24M
Owner & transaction history
3069 Taft Street LLC · 17 yrs held
3069 Taft Street LLC
since 2008
3 recorded transactions
Zoning & alternative use
IM-1 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$20.2M
+11.1%
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%
$10,325,000
6.5%
$9,535,000
7%
$8,850,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$18,180,000
Current use
MEDICAL BUILDING
$20,190,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$13.24M
Range $11.92M – $14.56M · ±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
$230 / 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
$275,735
Tax year 2023
Assessed value
$11,860,180
Assessed 2023
Previous assessed
$13,653,600
-13.1% YoY
Effective rate
2.32%
On assessed value
Assessed land
$1,201,380
Assessed improvement
$10,658,800
Land market value
$1,201,380
Improvement market value
$10,658,800
Total market value
$11,860,180
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
2
Total area
57,528 SF
Lot
3.45 ac (150,173 SF)
Zoning code
IM-1
APN
51-42-08-16-0040
UPID
US19-0308978
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IM-1 · Hollywood, FL
Zoning IM-1 · permitted uses
IM-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
WAREHOUSE, STORAGE Current
Est. value
$18.2M
MEDICAL BUILDING
Est. value
$20.2M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
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
2001
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
3
Lot
3.45 ac
Current owner
From public records · entity-resolved
3069 Taft Street LLC
Entity
Free & Clear · 17 yrs held
Mailing address
3069 TAFT ST, HOLLYWOOD, FL 33021-4440
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
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
May 3, 2019
—
3069 Taft Street LLC
—
Grant Deed
related
$10,000,000 · Bank Leumi USA
Sep 16, 2008
—
3069 Taft Street LLC
Invicta Watch Co Of America INC
Warranty Deed
related
—
Feb 22, 2005
$3,525,000
Invicta Watch Co Of America INC
Aircraft Technology INC
Grant Deed
—
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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