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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Hotels
4111 Ocean Dr 2106 Hollywood, FL 33019-3055
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-7758122
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2017
Construction
CONCRETE
Total area
1,129 SF
Zoning code
PD
APN
51-42-26-EC-1610
UPID
US18-7758122
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
-
H Hollywood Resort and Residences Hotel & Motel Resort
-
my stay Hotel & Motel
-
HB Miami Vacation Rentals Hotel & Motel
-
We Host at Hyde Hotel & Motel
-
Nataliya Lindvor CPA Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$813k
Blend (final)
Blend
$780k
Owner & transaction history
Nicla LLC · 1 yrs held
Nicla LLC
since 2024
Last sale
$780,000
5 recorded transactions
Zoning & alternative use
PD · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$755,000
+4.6%
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
$780,000
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$720,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$665,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $780k (Oct 11 2024)
Last sale anchor
$780k
Oct 11 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
$691 / 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
$12,512
Tax year 2023
Assessed value
$643,990
Assessed 2023
Previous assessed
$643,990
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$64,400
Assessed improvement
$579,590
Land market value
$64,400
Improvement market value
$579,590
Total market value
$643,990
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2017
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Total area
1,129 SF
Zoning code
PD
APN
51-42-26-EC-1610
UPID
US18-7758122
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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$720,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$665,000
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2017
Construction
CONCRETE
Heating
NONE
Bathrooms
2
Current owner
From public records · entity-resolved
Nicla LLC
Entity
Mailing address
4801 S UNIVERSITY DR STE #204, DAVIE, FL 33328-3837
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2024
$780,000
Nicla LLC
Shannon Leigh Chaves
Warranty Deed
$507,000 · Bradesco Bac Florida Bank
Aug 1, 2023
$820,000
Shannon Leigh Chaves
Utd Properties LLC
Warranty Deed
$615,000 · Advancial FCU
Dec 14, 2018
$100
Utd Properties LLC
Vallejo,beatriz E
Quit Claim Deed
related
—
Apr 25, 2018
$770,000
Beatriz E Vallejo
Mafran Investments LLC
Warranty Deed
—
Mar 2, 2017
$695,900
Mafran Investments LLC
4111 South Ocean Drive LLC
Grant Deed
$382,700 · Italbank Int'l
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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