New search
Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Turn key restaurants
606 Ocean Dr Hollywood, FL 33019-1415
Individually Owned
17-yr Hold
Free & Clear
Property ID
US18-9463904
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1951
Construction
CONCRETE
Total area
9,871 SF
Lot
0.68 ac (29,697 SF)
Zoning code
BRT-25-A1A-C
APN
51-42-13-01-0150
UPID
US18-9463904
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
-
GG's Waterfront Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Chris A Economou · 17 yrs held
Chris A Economou
since 2008
7 recorded transactions
Zoning & alternative use
BRT-25-A1A-C · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$85 / 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
$67,538
Tax year 2023
Assessed value
$2,967,290
Assessed 2023
Previous assessed
$2,967,290
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$1,783,900
Assessed improvement
$1,183,390
Land market value
$1,783,900
Improvement market value
$1,183,390
Total market value
$2,967,290
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1951
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
4
Total area
9,871 SF
Lot
0.68 ac (29,697 SF)
Zoning code
BRT-25-A1A-C
APN
51-42-13-01-0150
UPID
US18-9463904
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
BRT-25-A1A-C · Hollywood, FL
Zoning BRT-25-A1A-C · permitted uses
BRT-25-A1A-C · 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
1951
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
4
Lot
0.68 ac
Current owner
From public records · entity-resolved
Chris A Economou
Individual
Free & Clear · 17 yrs held
Mailing address
606 N OCEAN DR, HOLLYWOOD, FL 33019-1415
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2008
$7,000,000
Chris A Economou
Whale Inlet Corp
Grant Deed
—
—
—
410 Ocean Drive Properties LLC
—
Deed Of Trust
related
$162,900 · Us Small Business Admn
—
—
410 Ocean Drive Properties LLC
—
Deed Of Trust
related
$437,500 · Us Small Business Admn
—
—
410 Ocean Drive Properties LLC
—
Loan Modification
related
$4,463,000 · Regions Bk
—
—
410 Ocean Drive Properties LLC
—
Loan Modification
related
—
—
—
410 Ocean Drive Properties LLC
—
Deed Of Trust
related
$95,900 · Us Small Business Admn
—
—
410 Ocean Drive Properties LLC
—
Deed Of Trust
related
$140,300 · Us Small Business Admn
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.
Try Rey
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