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Property profile & analytics
FOR SALE
Assisted living facilities

900 N 24Th Ave Hollywood, FL 33020

1,807 SF 0.18 ac lot Built 1963
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-3642969
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1963
Construction CONCRETE
Total area 1,807 SF
Lot 0.18 ac (7,752 SF)
Zoning code RM-9
APN 51-42-09-01-0431
UPID US18-3642969
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
  • Victorian Meadows Residence Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$846k
Blend (final) Blend
$630k
Owner & transaction history
Allied Management Group INC · 3 yrs held
Allied Management Group INC
since 2022
7 recorded transactions
2022
Price N/A
2020
$350,000
2016
$200,000
2015
$100,000
2007
Price N/A
2006
Price N/A
2006
$250,000
Zoning & alternative use
RM-9 · Hollywood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

a. Not permitted in Single Family Districts, RM-9, RM-12 and RM-18 Districts. Further, no tower shall be within 400 ft. of a single family district. b. All other districts: Special Exception and Site Plan Review required. 2. Special exception review criteria: a. The specific location which is proposed for the tower must be necessary to provide service to a p…

Zone name Low Density Multiple Family
General category RESIDENTIAL
Zone area 512.90 ac
Top alternative use upside
Office building $885,000 +31.1%
Commercial (general) $815,000 +21.4%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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