Property profile

601 21st Ave Hollywood, FL 33020

OFF-MARKET
Industrial properties
Property ID
US18-0906374
6,950 SF 0.38 ac lot Built 1957
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1957
Construction CONCRETE
Total area 6,950 SF
Lot 0.38 ac (16,710 SF)
Zoning code DH-3
APN 51-42-15-01-0340
UPID US18-0906374

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
  • Daycare Center
  • Association / Organization
  • Training Center
  • Training Center
  • Advertising Agency Marketing & Advertising

Location

601 21st Ave Hollywood, FL 33020-6905
Hollywood metro Census 91903 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.28M
CAP Approach CAP
$1.45M
Comparable Approach Comparable
$2.96M
Blend (final) Blend
$2.30M

Owner & transaction history

since 2022
Last sale
$2.0M
5 recorded transactions
2022
$2.0M
2018
$1.2M
2014
$826,800
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DH-3 · Hollywood, FL
Zoning description

(iii) DH-3 - Dixie Highway High Intensity Mixed-Use District Special Requirements. a. For lots which abut Dixie Highway and 21st Avenue, the tower orientation shall be towards Dixie Highway and 21st Avenue. b. Where poss…

General category MIXED_USE
Top alternative use upside
Office building $3.4M +8.1%
Industrial (general) $3.2M +1.6%

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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