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Property profile & analytics
OFF-MARKET Estimated value $900,000
Assisted living facilities

604 62nd Ave Hollywood, FL 33024-7857

13,081 SF 0.95 ac lot Built 1983
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US18-9762830
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1983
Construction CONCRETE
Total area 13,081 SF
Lot 0.95 ac (41,225 SF)
Zoning code C-MU
APN 51-41-13-11-0060
UPID US18-9762830
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
  • Avalon Park Retirement Residence Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$900k
Owner & transaction history
Avalon Pk Retirement Residence · 18 yrs held
Avalon Pk Retirement Residence
since 2007
3 recorded transactions
2007
$1.7M
2000
$700,000
1969
Price N/A
Zoning & alternative use
C-MU · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-MU - SR7 Central - Mixed-Use District Uses Main Permitted Uses Accessory Uses Special Exception Uses Prohibited Uses Adult Educational Facilities 1 Amusement Uses Antique, Consignment, Collectible, and Vintage Store Artisan and Maker Manufacturing Assembly of Pre-Manufactured Parts for Sale on the Premises Automotive Rental 2 Automotive Sales New 2 Bar, Lo…

Zone name Central Mixed Use District
General category MIXED_USE
Zone area 276.05 ac
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