Entity Owned 
For Sale
1 / 6
$595,000
3800 S Ocean Dr, Hollywood, FL 33019
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Property summary
AI-generated overview
A 1,251 sq ft commercial property configured for a beauty or medical spa use, situated directly on Ocean Drive with ocean views and proximity to the beach. The space is laid out with four treatment rooms, a reception area, and a break room, and it is classified as Commercial Type B. It has been fully renovated and includes ample on-site parking. The property is located adjacent to the forthcoming ICON development.
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1989
Lot
0.15 ac (6,540 SF)
Zoning code
PD
APN
51-42-23-06-0030
UPID
US18-2989054
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
-
Dental Office
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Arcade & Gaming Center Family Recreation Center
-
Wedding Service Photography Service
-
Medical Clinic
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.48M
Owner & transaction history
since 2026
Last sale
$21.5M
7 recorded transactions
Zoning & alternative use
PD · Hollywood, FL
Zoning description
§ 4.15 PD Planned Development District. Annotations Off Follow Changes Share Download Bookmark Print ARTICLE 4: SCHEDULE OF DISTRICT, USE AND SETBACK REGULATIONS Share Download Bookmark Print § 4.13 OSW Office, Showroom…
General category
PLANNED_DEVELOPMENT
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$21.48M
Value range
$19.33M – $23.62M
±10% around blend
Confidence
Property data
75
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$19.33M
blend $21.48M
$23.62M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
0.15 ac
Year built
1989
APN
51-42-23-06-0030
Zoning
PD
Assessed value
$342,460
Annual tax
$7,251
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$7,251
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$21.48M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 18 sales
$1,368
N/A
County 63 sales
$1,594
N/A
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
3.98%
Selected cap rate for this parking lots & garages
Derived from the Hollywood market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.98%
9.0%
NOI (est.)
$24k *
Last sale · Dec 2023
$21.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$595k
Move the market yield to see immediate price impact.
Value / SF
N/A
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.48%3.98%4.48%
$21k
$612k
$535k
$475k
$24k
$680k
$595k
$528k
$26k
$748k
$654k
$581k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,251
Tax year 2023
Assessed value
$342,460
Assessed 2023
Previous assessed
$342,460
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$327,460
Assessed improvement
$15,000
Land market value
$327,460
Improvement market value
$15,000
Total market value
$342,460
Applied tax rate
513.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING LOT
Status
For Sale
Year built
1989
Heating
NONE
Lot
0.15 ac (6,540 SF)
Zoning code
PD
APN
51-42-23-06-0030
UPID
US18-2989054
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PD · Hollywood, FLZoning PD · permitted uses
PD · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
§ 4.15 PD Planned Development District. Annotations Off Follow Changes Share Download Bookmark Print ARTICLE 4: SCHEDULE OF DISTRICT, USE AND SETBACK REGULATIONS Share Download Bookmark Print § 4.13 OSW Office, Showroom…
General category
PLANNED_DEVELOPMENT
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
PD
PLANNED_DEVELOPMENT
Jurisdiction
Hollywood, FL
Recorded code
PD
Official district
PD
Official district profile
What the municipal code says about PD
Zoning description
§ 4.15 PD Planned Development District. Annotations Off Follow Changes Share Download Bookmark Print ARTICLE 4: SCHEDULE OF DISTRICT, USE AND SETBACK REGULATIONS Share Download Bookmark Print § 4.13 OSW Office, Showroom…
General category
PLANNED_DEVELOPMENT
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PD in Hollywood, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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