Property profile

600 Knights Rd Hollywood, FL 33021

OFF-MARKET
Other specialty properties
Property ID
US18-5477511
7,828 SF 2 ac lot Built 1968
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of approximately 2 acres of land in Hollywood, zoned C-4. It has an approved site plan for a padel club development featuring up to 9 padel courts, including indoor court options, and it includes an approved business concept for operating a padel facility. The land is offered as fee simple ownership, and the project is configured to support either operational use or delivery of the development plan for business operations. The C-4 zoning and the presence of an approved development concept provide potential for vertical expansion, with stated capacity for residential development of up to 140+ units under the Live Local Act.

Property profile

Verified
Property type Other specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1968
Construction CONCRETE
Total area 7,828 SF
Lot 2 ac (87,098 SF)
Zoning code C-4
APN 51-42-17-00-0012
UPID US18-5477511

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Volunteer Organization Community Center
  • Hotel & Motel Resort

Location

600 Knights Rd Hollywood, FL 33021-6145
Hollywood metro Census 91000 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.92M

Owner & transaction history

since 2023
Last sale
$4.6M
1 recorded transaction
2023
$4.6M

Zoning & alternative use

C-4 · Hollywood, FL
Zoning description

D. C-4 Medium/High Intensity Commercial District. 1. Purpose and uses: District Purposes Main Permitted Uses Special Exception Accessory Uses Prohibited Uses District Purposes Main Permitted Uses Special Exception Access…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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