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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Office buildings
5414 Pembroke Rd Hollywood, FL 33021-8034
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3398951
Property summary
AI-generated overview
This 1968-built warehouse, located at 5414 Pembroke Rd, West Park, FL 33021, presents a compelling investment opportunity. Situated on a fully fenced 7,018 square foot lot, the 1,951 square foot building is ideally positioned on Pembroke Road, east of US 441/State Road 7, and enjoys convenient proximity to Florida's Turnpike and I-95. The property is offered at $749,900, subject to offers. This standalone building is perfect for owner-users or investors seeking a renovation project. Multiple business uses are permitted; a complete list of allowable principal uses is available upon request. The property has been under the same ownership for over 31 years, and the motivated sellers are open to offers. Note that the building requires a complete rehabilitation. This presents a unique chance to acquire a well-located property with significant potential in a thriving area. The property's strategic location and flexible zoning make it suitable for a variety of commercial ventures.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
CONCRETE
Total area
1,951 SF
Lot
0.16 ac (7,018 SF)
Zoning code
TOC 2
APN
51-42-19-04-0190
UPID
US18-3398951
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$620k
Blend (final)
Blend
$585k
Owner & transaction history
Jazzy Jade Properties INC · 1 yrs held
Jazzy Jade Properties INC
since 2024
Last sale
$549,900
1 recorded transaction
Zoning & alternative use
TOC 2 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$910,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$790,000
Current use
COMMERCIAL (GENERAL)
$910,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$685,000
Change: -13% · Conversion: Easy
RETAIL STORES
$655,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $550k (Aug 27 2024)
Last sale anchor
$550k
Aug 27 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
$300 / 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
$6,089
Tax year 2023
Assessed value
$257,150
Assessed 2023
Previous assessed
$257,150
+0.0% YoY
Effective rate
2.37%
On assessed value
Assessed land
$63,160
Assessed improvement
$193,990
Land market value
$63,160
Improvement market value
$193,990
Total market value
$257,150
Applied tax rate
3,513.0000
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
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
1,951 SF
Lot
0.16 ac (7,018 SF)
Zoning code
TOC 2
APN
51-42-19-04-0190
UPID
US18-3398951
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TOC 2 · Hollywood, FL
Zoning TOC 2 · permitted uses
TOC 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
$790,000
COMMERCIAL (GENERAL)
Est. value
$910,000
MEDICAL BUILDING
Est. value
$685,000
RETAIL STORES
Est. value
$655,000
OFFICE BUILDING Current
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
1968
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Jazzy Jade Properties INC
Entity
Free & Clear · 1 yrs held
Mailing address
4408 SW 19TH ST, WEST PARK, FL 33023-3310
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$549,900
Jazzy Jade Properties INC
Darryl L Washington
Warranty Deed
—
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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