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Property profile & analytics
OFF-MARKET
Estimated value
$46,765,000
Motels
4000 Ocean Dr, Hollywood, FL 33019-3010
Entity Owned
18-yr Hold
Free & Clear
Property ID
US18-2438386
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1973
Construction
CONCRETE
Total area
220,260 SF
Lot
3.77 ac (164,083 SF)
Zoning code
PD
APN
51-42-26-22-0011
UPID
US18-2438386
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
-
DoubleTree Resort by Hilton Hollywood Beach Hotel & Motel
-
Port South Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$46.77M
Owner & transaction history
Mcz Of Centrum Fl Vi Owner LLC · 18 yrs held
Mcz Of Centrum Fl Vi Owner LLC
since 2007
7 recorded transactions
Zoning & alternative use
PD · 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
$212 / 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
$1,428,687
Tax year 2023
Assessed value
$64,284,800
Assessed 2023
Previous assessed
$62,487,480
+2.9% YoY
Effective rate
2.22%
On assessed value
Assessed land
$11,497,300
Assessed improvement
$52,787,500
Land market value
$11,497,300
Improvement market value
$52,787,500
Total market value
$64,284,800
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
1973
Construction
CONCRETE
Heating
NONE
Stories
11
Units
311
Total area
220,260 SF
Lot
3.77 ac (164,083 SF)
Zoning code
PD
APN
51-42-26-22-0011
UPID
US18-2438386
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PD · Hollywood, FL
Zoning PD · permitted uses
PD · 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
1973
Construction
CONCRETE
Heating
NONE
Stories
11
Units
311
Lot
3.77 ac
Current owner
From public records · entity-resolved
Mcz Of Centrum Fl Vi Owner LLC
Entity
Free & Clear · 18 yrs held
Mailing address
306 S HENRY ST, WILLIAMSBURG, VA 23185-4107
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2026
—
Hollywood Hotel Associates LLC
—
Deed
related
$308,000,000 · Athene Annuity And Life Company
Jun 6, 2017
—
4000 South Ocn Prop Owner Lllp
—
Deed
related
$115,000,000 · Guggenheim Corp Fndg
Aug 8, 2007
—
Mcz Of Centrum Fl Vi Owner LLC
Mcz Of Centrum Florida Xix LLC
Quit Claim Deed
related
—
Aug 7, 2007
$74,000,000
Mhi & Carlyle Sian Owner I LLC
Owner,record
Grant Deed
related
—
Dec 29, 2005
$23,000,000
Beach One Resort Lllp
Check-out Corp
Grant Deed
—
Jun 20, 2005
$24,550,000
Mcz/centrum Florida Vi Owner LLC
Cptf Sunshine Holdings INC
Special Warranty Deed
$18,950,000 · Lasalle Bank NA
—
—
Mhi Of Carlyle Sian Owner I LLC
—
Loan Modification
related
$57,000,000 · Bank Of America/il
—
—
4000 South Ocn Prop Owner Lllp
—
Deed Of Trust
related
$115,000,000 · Guggenheim Corp Fndg
—
—
Mhi Of Carlyle Sian Owner I LLC
—
Deed Of Trust
related
$36,100,000 · Societe Generale
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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