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Property profile & analytics
OFF-MARKET Estimated value $1,125,000
Retail space

721-723 21st Ave Hollywood, FL 33020

2,639 SF 0.12 ac lot Built 1954
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-0298849
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Construction CONCRETE
Total area 2,639 SF
Lot 0.12 ac (5,400 SF)
Zoning code DH-3
APN 51-42-15-01-0210
UPID US18-0298849
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
  • Red Dot Studios (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.13M
Owner & transaction history
721 723 South 21st Ave LLC · 2 yrs held
721 723 South 21st Ave LLC
since 2024
Last sale
$1.1M
7 recorded transactions
2024
$1.1M
2024
Price N/A
2022
$825,000
2022
$640,000
2005
Price N/A
2002
$136,000
1969
Price N/A
Zoning & alternative use
DH-3 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 possible, vehicular access shall be located along the east-west streets. c. Walk-up gardens shall be required for ground floor residential uses…

Zone name Dixie Highway High Intensity Mixed Use District
General category MIXED_USE
Zone area 232.24 ac
Top alternative use upside
Neighborhood: shopping center $1.8M +97.6%
Auto repair, garage $1.6M +74.4%
Office building $1.3M +44.8%
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