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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Office buildings
3850 Hollywood Blvd 2C Hollywood, FL 33021-6748
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3467413
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1988
Construction
CONCRETE
Total area
2,929 SF
Zoning code
O-2
APN
51-42-17-BK-0030
UPID
US18-3467413
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
-
weisscenter.com (Bike/Boat/Book/etc) Store Corporate Office
-
Dr. Raja A. Mudad, MD Physician
-
Lymphoma & Cancer Clinic Medical Clinic
-
Mariangel Prieto, APRN Physician
-
Murielle Joseph Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$930k
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.30M
Owner & transaction history
Intermed LLC · 2 yrs held
Intermed LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
O-2 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+64.5%
Auto repair, garage
$1.7M
+45.2%
Commercial (general)
$1.4M
+14.7%
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
$1,300,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,005,000
6.5%
$930,000
7%
$860,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,190,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,955,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,725,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,365,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$1,030,000
Change: -13% · Conversion: Easy
RETAIL STORES
$980,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.30M (Jul 17 2024)
Last sale anchor
$1.30M
Jul 17 2024
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
$444 / 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
$14,985
Tax year 2023
Assessed value
$896,140
Assessed 2023
Previous assessed
$466,640
+92.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$89,610
Assessed improvement
$806,530
Land market value
$89,610
Improvement market value
$806,530
Total market value
$896,140
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
2,929 SF
Zoning code
O-2
APN
51-42-17-BK-0030
UPID
US18-3467413
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
O-2 · Hollywood, FL
Zoning O-2 · permitted uses
O-2 · 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
OFFICE BUILDING Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$980,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1988
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Current owner
From public records · entity-resolved
Intermed LLC
Entity
Mailing address
1 SW 129TH AVE STE #209, PEMBROKE PINES, FL 33027-1717
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
$1,300,000
Intermed LLC
3850 Circle LLC
Warranty Deed
—
Nov 16, 2017
—
3850 Circle LLC
—
Deed
related
$289,125 · Ebg Investments Lllp
Oct 30, 2012
$440,000
3850 Circle LLC
Schoenwald,michael B
Warranty Deed
$352,000 · Ebg Investments Lllp
Jan 4, 2007
—
Michael B Schoenwald
Schoenwald,naida
Quit Claim Deed
—
—
—
Michael B Schoenwald
—
Deed Of Trust
related
$100,000 · First Union National Bank
—
—
3850 Circle LLC
—
Loan Modification
related
$289,125 · Ebg Investments Lllp
—
—
Michael B Schoenwald
—
Deed Of Trust
related
$200,000 · Wachovia Bank NA
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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