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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Parking lots & garages
5981 Funston St Hollywood, FL 33023-1900
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-5364696
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2004
Lot
0.46 ac (20,142 SF)
Zoning code
S-MU
APN
51-41-24-14-0520
UPID
US18-5364696
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
-
Bren's Auto Inc. Auto Repair Shop Vehicle Inspection Center
-
Motorworkz, Inc Car Dealership
-
A1 Quality Auto and Repair Auto Repair Shop
-
Third Premier Capital Production Facility
-
Horizon Auto Broker Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
Mdeh Realty LLC · 1 yrs held
Mdeh Realty LLC
since 2024
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
S-MU · 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
Method
Estimation
Statistic approach
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Aug 13 2024)
Last sale anchor
$1.00M
Aug 13 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
—
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
$5,729
Tax year 2023
Assessed value
$281,700
Assessed 2023
Previous assessed
$241,410
+16.7% YoY
Effective rate
2.03%
On assessed value
Assessed land
$261,850
Assessed improvement
$19,850
Land market value
$261,850
Improvement market value
$19,850
Total market value
$281,700
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2004
Heating
NONE
Lot
0.46 ac (20,142 SF)
Zoning code
S-MU
APN
51-41-24-14-0520
UPID
US18-5364696
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
S-MU · Hollywood, FL
Zoning S-MU · permitted uses
S-MU · 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
2004
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Mdeh Realty LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1914 N WOODSIDE DR, THOUSAND OAKS, CA 91362-1265
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
$1,000,000
Mdeh Realty LLC
American College Express LLC
Warranty Deed
—
Jul 7, 2015
$200,000
American College Express LLC
First Interstate Finance Corp
Warranty Deed
—
Mar 22, 2001
$90,000
First Interstate Finance Corp
Florida State Absolute Auction
Grant Deed
related
$27,774 · Florida State Absolute Auction
—
—
First Interstate Finance Corp
—
Deed Of Trust
related
$516,377 · First Bank Florida
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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