Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6067 Hollywood Blvd Hollywood, FL 33024-7947
    Back to Search
    Property profile & analytics

    6067 Hollywood Blvd, Hollywood, FL 33024-7947

    View on Map
    • Parking lots & garages
    • 0.16 lot acres
    Off-Market
    Last Sale Aug 30, 2021
    $6,000,000
    Property ID
    US18-6021135
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $7,315,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Your Care and Wellness, Inc. / Medical Supply Store
    • Robert Simon / Physician
    • Ramsey Mark T MD / Physician
    • We Buy Junk Cars Pembroke Pines / Discount Store / Waste Management Facility
    • Beauty Girl Spa / Spa & Massage Center

    Property Details for 6067 Hollywood Blvd

    Year built
    1985
    Lot size
    0.16 lot acres
    Zone code
    C-MU
    Property type
    Parking lots & garages
    APN
    51-41-13-07-0120
    APU
    514113070120

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 30, 2021 $6,000,000 Pegasus Kingdom Investment LLC 6067 Hollywood Blvd LLC Warranty Deed $4.5M · Amerant Bank NA
    Jul 15, 2005 $4,750,000 6067 Hollywood Blvd LLC 6067 Building Corp Warranty Deed · related —
    Feb 11, 2004 — 6067 Building Corp — Deed Of Trust · related $2.2M · Commerce Bank NA
    Jan 19, 2000 $1,825,000 Allen Creek Properties INC Hollywood Executive Center INC Grant Deed —
    Aug 5, 1998 $1,740,000 Hollywood Executive Center INC Bristol West Insurance Data Se Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,630,000
      ML approach
      $8,640,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2097
    Latitude
    26.0112
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,911
    $84,460
    $5,800
    $90,260
    -
    $84,460
    $5,800
    $90,260

    Comparable in this City

    • Value Estimation
      $3,380,000
      48,575 SF

      79th Way

      PARKING LOT
      79th Way, Davie, FL 33024
      View Details
    • Value Estimation by Request
      0.72 Acres

      6950 Stirling Rd

      PARKING LOT
      6950 Stirling Rd, Hollywood, FL 33024-1838
      View Details
    • Value Estimation by Request
      0.32 Acres

      6600 Taft St

      PARKING LOT
      6600 Taft St, Hollywood, FL 33024-4040
      View Details
    • Value Estimation by Request
      2.44 Acres

      9881 Sheridan St

      PARKING LOT
      9881 Sheridan St, Hollywood, FL 33024-3003
      View Details
    • Value Estimation by Request
      0.12 Acres

      Access Rd

      PARKING LOT
      Access Rd, Pembroke Pines, FL 33024
      View Details
    • Value Estimation by Request
      0.14 Acres

      74 Ave Ave

      PARKING LOT
      74 Ave Ave, Hollywood, FL 33024
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,207 SF

      Gas Station Investment Opportunity

      Gas station with long-term lease and rental increases.
      10050 Stirling Rd, Hollywood, FL 33024
      View Details
    • Contact for pricing

      Gas Station Business For Sale

      Gas station business opportunity on high-traffic corner with convenience store.
      1700 University Dr, Pembroke Pines, FL 33024
      View Details
    • $425,000

      Turnkey Restaurant Business Opportunity

      Profitable restaurant business for sale in Pembroke Pines, Florida.
      Pembroke Pines, FL 33024
      View Details
    • Contact for pricing

      Ground Floor Retail and Office

      Retail and office spaces available with various amenities.
      4801 S University Dr, Davie, FL 33024
      View Details
    • Contact for pricing
      6,400 SF

      Hollywood Boulevard Retail Opportunity

      Retail property with value-add potential in a high-traffic location.
      6140 Hollywood Blvd, Hollywood, FL 33024
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,756 SF

      Hollywood Palms Retail Center Space

      Neighborhood retail center anchored by supermarket and cinema.
      6819-7039 Taft St, Hollywood, FL 33024
      View Details
    • Contact for pricing
      952 SF

      Retail Space in Davie Market

      Retail space available in a highly populated Davie market.
      7110-7144 Stirling Rd, Hollywood, FL 33024
      View Details
    • Contact for pricing
      6,900 SF

      Retail Space in Palm Square

      Recently renovated retail space in a busy Pembroke Pines plaza.
      9801 Pines Blvd, Pembroke Pines, FL 33024
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Holiday Plaza

      Retail space for lease in Pembroke Pines, Florida.
      9101-9163 Taft St, Pembroke Pines, FL 33024
      View Details
    • Contact for pricing
      1,230 SF

      Recently Renovated Palm Square Plaza

      Retail spaces for lease in recently renovated Palm Square Plaza.
      9801-9843 Pines Blvd, Pembroke Pines, FL 33024
      View Details
    • Contact for pricing
      40,000 SF

      Retail Space in Pembroke Pines

      Retail space available in busy Pembroke Commons shopping center.
      310-680 N University Dr, Pembroke Pines, FL 33024
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6067 Hollywood Blvd
    Hollywood, FL 33024-7947
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6067 Hollywood Blvd, Hollywood, FL, 33024
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!