Property profile

315 S 62Nd Ave Hollywood, FL 33024

FOR SALE
Commercial land
Saved · see the list in your Dashboard
Property ID
US18-2259814
3,157 SF 4.71 ac Built 1955
Last sale Jul 2007·$2,208,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 5-acre property, located at 315 S 62nd Ave in Hollywood, Florida (33024), presents a unique investment opportunity. The expansive rectangular lot boasts a total square footage of 217,800 and is currently vacant, allowing for maximum flexibility in development. Zoned S-MU (Special Mixed Use), this versatile parcel permits a wide range of possibilities, including retail, mixed-use developments, residential construction (up to 50 units per acre or 100 units per acre for hotel…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$45k
Tax billed · 2023
Assessed value$2.46M
Assessed land$2.46M
Effective rate1.83%

Value estimate

· Nov 2026
$675k
$608k – $743k
AI approach$585k
CAP approach$655k
Submarket $/SF estimate$788k
NOI build-up
Gross scheduled income$5.23M
Vacancy & credit loss−$523k
Operating expenses−$1.76M
NOI · 11.76% cap applied$2.94M

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?
$465/SF
Submarket average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$222 – $822
Qualifying comparables25

Cap rate analysis

How does the asset earn?
11.76%
$2.94M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
S-MU
S-MU - South Mixed-Use District 2. Administrative Regulations Applicable to All Districts. a. District boundaries. The district and subdi...
General categoryMIXED_USE
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency67.1
Dental Office39.3
Restaurant28.6

Location

315 S 62Nd Ave Hollywood, FL 33024
County assessor Recorded deeds · 5 transfers 25 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2301 State Rd 7th, West Park, FL 33023-4056 $305,000 Nov 2024 5,743 SF
2991 32nd, Pembroke Park, FL 33023-5701 $300,000 Oct 2022 3,521 SF
1501 State Rd 7th, Hollywood, FL 33023-6701 $650,000 Mar 2021 9,365 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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