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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Medical Office Space
6779 Taft St Hollywood, FL 33024-3902
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-4910127
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
CONCRETE
Total area
3,211 SF
Lot
0.1 ac (4,240 SF)
Zoning code
C-3
APN
51-41-11-29-0010
UPID
US18-4910127
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
-
Dr. Mike Hoang Dental Office
-
Dr. Yesell Candelario Benitez Dental Office
-
Ideal Smiles Dental Care Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$406k
Blend (final)
Blend
$635k
Owner & transaction history
Noble Net Lease Fl D LLC · 14 yrs held
Noble Net Lease Fl D LLC
since 2012
2 recorded transactions
Zoning & alternative use
C-3 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C. C-3 Medium 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 Accessory Uses Prohibited Uses This district is intended to provide standards for the sale of goods and services to the entire city while remaining com…
Zone name
Medium Intensity Commercial District
General category
COMMERCIAL
Zone area
222.95 ac
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,030,000
Change: -9% · Conversion: Easy
WAREHOUSE, STORAGE
$1,015,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$198 / 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
$16,037
Tax year 2023
Assessed value
$680,340
Assessed 2023
Previous assessed
$623,860
+9.1% YoY
Effective rate
2.36%
On assessed value
Assessed land
$63,600
Assessed improvement
$616,740
Land market value
$63,600
Improvement market value
$616,740
Total market value
$680,340
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
3,211 SF
Lot
0.1 ac (4,240 SF)
Zoning code
C-3
APN
51-41-11-29-0010
UPID
US18-4910127
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-3 · Hollywood, FLZoning C-3 · permitted uses
C-3 · Hollywood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C. C-3 Medium 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 Accessory Uses Prohibited Uses This district is intended to provide standards for the sale of goods and services to the entire city while remaining compatible with the surrounding residential neighborhood. Apt. on the second floor and above.* Day Care Facilities. Any Use that is customarily associated with the Main Permitted Use or Special Exception. (See § 4.21 ). Any use not listed as a Main Permitted Use or Special Exception. Assembly of premanufactured parts for sale on the premises (See § 4.21 ). School,** public or private. Commercial uses. Except for Self-Storage Facilities. Service Stations. Consignment shops. Hotels & Motels. Offices. Pain Management Clinics. (See § 4.22 .R for regulations). Personal Services. Places of worship, meeting halls and fraternal lodges. Psychic Help Uses. Retail (indoor/outdoor).** Substance Abuse and Rehabilitation Centers. (See § 4.22 .R for regulations). Thrift Shops.** Adult Educational Facilities (See
Zone name
Medium Intensity Commercial District
General category
COMMERCIAL
Zone area
222.95 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$1.0M
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Noble Net Lease Fl D LLC
Entity
Free & Clear · 14 yrs held
Mailing address
4280 PROFESSIONAL CTR DR STE #100, PALM BEACH GARDENS, FL 33410-4280
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2012
—
Noble Net Lease Fl D LLC
Hart Centers Viii Ltd
Grant Deed
—
Apr 30, 2004
$9,000,000
Kpt Communities LLC
—
Grant Deed
related
—
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.
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