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Villa Sinclair317 Polk Street | Hollywood, FL 33019

JOHN DEMARCO, ACP, CCIM954-678-8733JohnDeMarco@Remax.net

Luxury Beach Studios➢

1&2 Bedroom Beach Suites ➢

10 Time Award Winner➢

Great Investment Opportunity➢

Located on the Beach and Hollywood Broad-walk➢

RE/MAX 5 STAR REALTY4151 Hollywood BlvdHollywood, FL 33020(954) 361-0000www.DeMarcoGroup.com

INVESTMENT DETAILS317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

ANALYSIS

Analysis Date October 2018

PROPERTY

Property Villa Sinclair

Property Address 317 Polk StreetHollywood, FL 33019

Year Built 1970

FINANCIAL INFORMATION

All Cash

PURCHASE INFORMATION

Property Type Hospitality

Purchase Price $3,200,000

Tenants 6

Total Rentable Sq. Ft. 3,339

LOANS

Type Debt Term Amortization Rate Payment LO Costs

All Cash

INCOME & EXPENSES

Gross Operating Income $333,600

Monthly GOI $27,800

Total Annual Expenses ($101,077)

Monthly Expenses ($8,423)

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EXECUTIVE SUMMARY317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Acquisition Costs

Purchase Price, Points and Closing Costs $3,200,000

Investment - Cash $0

Investment Information

Purchase Price $3,200,000

Price per Tenant $533,333

Price per Sq. Ft. $958.37

Income, Expenses & Cash Flow

Gross Scheduled Income $333,600

Total Vacancy and Credits $0

Operating Expenses ($101,077)

Net Operating Income $232,523

Debt Service $0

Cash Flow Before Taxes $232,523

Financial Indicators

Debt Coverage Ratio N/A

Capitalization Rate 7.27%

Gross Income / Square Feet $99.91

Gross Expenses / Square Feet ($30.27)

Operating Expense Ratio 30.30%

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PROPERTY DESCRIPTION317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

      Featuring Luxury Beach Studios w/full kitchen foR 2 to 4 Persons, 1 &2 Bedroom Beach Suites w/ full Kitchen for 2,4 or 6 Persons by the Beach &Hollywood Broad-walk with Hot tub, Sauna, Multi Jets Showers, 9 Beach Side Cabanas,2 Daybeds, Hammock, Sundeck, Beach Lounge, Covered Soft Bar Lounge, Outside Bar-Full Kitchen, 4 BBQs, 3 FirePlaces, Free Bicycles Rental, Laundry, Beach Club & VIP Reserved Beach Parking 1 Suite ADA Compliance uponRequest ,Availability & Assistance, - Rated 3 Diamonds AAA- Rated 3.5 Emeralds SSHVW- Rated S.E.H. (Small Elegant Hotels of the World)- Proud Member of the BBB with A+ Rating~9th - Time-Award Winner #1"BEST of HOLLYWOOD BEACH" Villa Hotel 2009/10/11/12/13/14/15/16 & 2017 by the USChamber of Commerce.

       Please remember to not disturb existing business or property. All showings are by appointment only. Contact listingbroker for additional information.    

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PROPERTY PHOTOS317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

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LOCATION MAP317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

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MAPS AND AERIALS317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

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MAPS AND AERIALS317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

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DEMOGRAPHICS317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Population 1 Mile 3 Mile 5 Mile

Male 2,780 (48.50 %) 42,352 (48.52 %) 96,327 (48.01 %)

Female 2,952 (51.50 %) 44,938 (51.48 %) 104,319 (51.99 %)

Total Population 5,732 87,290 200,646

Age Breakdown 1 Mile 3 Mile 5 Mile

Ages 0-4 122 (2.13 %) 3,339 (3.83 %) 8,631 (4.30 %)

Ages 5-9 180 (3.14 %) 4,233 (4.85 %) 11,082 (5.52 %)

Ages 10-14 200 (3.49 %) 3,885 (4.45 %) 10,439 (5.52 %)

Ages 15-19 189 (3.30 %) 3,553 (4.07 %) 9,883 (4.93 %)

Ages 20-24 171 (2.98 %) 3,549 (4.07 %) 9,744 (4.86 %)

Ages 25-29 156 (2.72 %) 3,723 (4.27 %) 9,761 (4.86 %)

Ages 30-34 158 (2.76 %) 4,226 (4.84 %) 10,340 (5.15 %)

Ages 35-39 206 (3.59 %) 5,069 (5.81 %) 11,659 (5.81 %)

Ages 40-44 297 (5.18 %) 5,958 (6.83 %) 13,335 (6.65 %)

Ages 45-49 406 (7.08 %) 6,685 (7.66 %) 14,690 (7.32 %)

Ages 50-54 442 (7.71 %) 6,699 (7.67 %) 14,677 (7.31 %)

Ages 55-59 469 (8.18 %) 6,415 (7.35 %) 14,030 (6.99 %)

Ages 60-64 476 (8.30 %) 5,878 (6.73 %) 12,859 (6.41 %)

Ages 65-69 462 (8.06 %) 5,274 (6.04 %) 11,362 (5.66 %)

Ages 70-74 430 (7.50 %) 4,653 (5.33 %) 9,853 (4.91 %)

Ages 75-79 388 (6.77 %) 4,036 (4.62 %) 8,414 (4.19 %)

Ages 80-84 319 (5.57 %) 3,272 (3.75 %) 6,659 (3.32 %)

Ages 85+ 661 (11.53 %) 6,843 (7.84 %) 13,228 (6.59 %)

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DEMOGRAPHICS317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Household Income 1 Mile 3 Mile 5 Mile

Median Income $60,358 $43,123 $50,809

Less than $10,000 193 3,964 7,878

$10,000 -$14,999 106 3,084 5,419

$15,000 - $19,999 213 3,535 5,894

$20,000 -$24,999 175 2,547 5,314

$25,000 - $29,999 129 3,124 5,717

$30,000 - $34,999 74 2,503 4,682

$35,000 - $39,999 108 2,466 4,489

$40,000 - $44,999 204 2,621 4,907

$45,000 - $49,999 75 1,883 3,912

$50,000 - $59,999 137 3,252 6,866

$60,000 - $74,999 257 3,779 8,144

$75,000 - $99,999 447 3,928 9,793

$100,000 - $124,999 331 2,363 6,191

$125,000 - $149,999 113 1,225 3,578

$150,000 - $199,999 219 1,154 3,236

Greater than $200,000 253 1,399 4,404

Housing 1 Mile 3 Mile 5 Mile

Housing Units 6,280 62,402 126,024

Occupied Units 3,407 44,092 92,620

Owner Occupied Units 2,393 23,538 54,921

Renter Occupied Units 1,014 20,554 37,699

Vacant Units 2,873 18,310 33,404

Race Demographics 1 Mile 3 Mile 5 Mile

Population Non Hispanic White 5,621 68,059 155,545

Population Black 41 14,178 34,051

Population Am In/Ak Nat N/A 35 47

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BROCHURE317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

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BROCHURE317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

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HOLLYWOOD317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

CITY OF HOLLYWOOD

From the sand to the city, Hollywood is Broward County’s hot spot.

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HOLLYWOOD317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

2

Advantages of Hollywood, Florida

• The Clean Beaches Council, a

national coastal group in

Washington DC, has presented its

first-ever "Most Innovative Beach"

awards to Broward County’s

Hollywood Beach.

• Hollywood Beach is among the first

in Florida to be designated Blue

Wave Beaches, a distinction that

places them among the nations

cleanest, safest and most user-

friendly beaches.

• Characterized by quaint sidewalk

cafés, brick-lined walks, and six

blocks of unique boutiques, shops,

art galleries and dozens of

excellent restaurants along

Hollywood Boulevard and Harrison

Street, this pedestrian-friendly

environment is the perfect place to

enjoy South Florida.

• Hollywood Beach features a one-

of-a-kind oceanfront promenade

called the Hollywood Beach

Boardwalk that stretches nearly

two and a half miles along the

Atlantic.

• The Hollywood Trolley provides a

public transportation service to

improve mobility, enhance the

visitor experience and ease

parking demand and traffic

congestion.

• The easy ocean access and

village-like feel make this a can't

miss destination with numerous

highly-rated restaurants, small

inns and hotels.

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HOLLYWOOD317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

3

Suspendisse elementum rhoncus velit. Nulla turpis

metus, faucibus nec, dignissim at, cursus in,

tortor. Hollywood, Florida is ideally located between two major

international airports. The Fort Lauderdale/Hollywood

International Airport is just a short 10-minute drive, and

the Miami International Airport is located just 30

minutes South. Hollywood is a popular driving

destination, which is easily accessible from several major

Interstates and highways such as I-95, I-75 and Florida’s

Turnpike. Port Everglades, the world’s premier cruise

port is located just 10 minutes away, serves nearly 20

cruise lines. Additionally, the Hollywood Trolley makes

getting around Hollywood Beach and Downtown a

breeze. Visitors and residents can board the trolley at

more than a dozen convenient locations near Hollywood's

major activity and parking areas. Hollywood stands at

the most advantageous location, where everything is

located no more than a 10-minute drive. According to

the United States Census Bureau, the city has a total

area of 30.8 square miles (80 km2), of which 27.34

square miles (71 km2) is land and 3.46 square miles

(9 km2) is water (11.23%). Hollywood is located in

southeastern Broward County, and includes

approximately 5 to 6 miles of Atlantic Ocean beach,

interrupted briefly by a portion deeded to Dania Beach.

Location

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HOLLYWOOD317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

4

Population/Demographics

The city's age demographic shows a mixed population

with 21.3% under the age of 18, 7.0% from 18 to 24,

31.3% from 25 to 44, 23.1% from 45 to 64, and 17.3%

who were 65 years of age or older. The median age was

39 years. For every 100 females there were 94.1 males.

For every 100 women age 18 and over, there were 90.9

men. As of 2000, Hollywood had the seventy-fifth highest

percentage of Cuban residents in the U.S., at 4.23% of

the city's population,[17] and the sixty-fifth highest

percentage of Colombian residents in the US, at 2.26%

of the city's population. It also had the fifty-seventh

highest percentage of Peruvian residents in the US, at

1.05% of the city's population and the twentieth highest

percentage of Romanian residents in the US, at 1.1% of

the its population. As of 2000, speakers of English as

a first language accounted for 66.94% of

residents, Spanish accounted for 21.62%, French made

up 2.06%, French Creole consisted of 1.32% of the

population. The median income for a household in the

city was $40,714, and the median income for a family

was $55,849.

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HOLLYWOOD317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

5

The Art and Culture Center of

Hollywood presents contemporary

gallery exhibitions, live stage

performances and high-quality

education programs for adults and

children. The Center fosters a

creative environment where new and

challenging work can flourish

through programs that reflect the

highest standards of artistry and

diversity. The Downtown Hollywood

Mural Project’s mission is to

beautify and add culture the

Downtown area. You can often watch

the creation of a new mural during

the Third Saturday ArtWalk.

At Hollywood’s Boardwalk you can

find unique shopping, beachfront

restaurants and bars in addition

to yearlong activities and live

music. With oceanfront hotels

and resorts, you will find the

perfect accommodation for a

weekend getaway or staycation.

he Hollywood Beach Boardwalk,

a 2.5-mile-long pedestrian

promenade, bustles with joggers,

skaters, cyclists and old-

fashioned charm, a mere four

steps from the beach's western

edge.

Downtown Hollywood has various

options for any budget and taste.

The growing arts and culture hub

includes grand murals, art

installments, galleries and the

unique ArtsPark at Young Circle,

which hosts weekly activities for

families, foodies, art enthusiasts,

locals and visitors alike. It

includes a 10-acre family friendly

park, outdoor musical

performances, festivals, visual

art, fountains, free glass blowing

demonstrations, beautiful

landscapes, sidewalk cafes in the

area.

Hollywood Attractions

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HOLLYWOOD317 Polk Street | Hollywood, FL 33019

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

The Hollywood Community Redevelopment Center

Hollywood CRA: Our Mission

THE MISSION OF THE HOLLYWOOD CRA IS TO ELIMINATE SLUMS AND BLIGHT BY:

1) Stimulating private investment and economic growth

2) Upgrading the public infrastructure and public spaces

3) Mobilizing community stakeholders 4) Partnering with the City of Hollywood and Other

Government Agencies

5) Providing leadership for the CRA Districts

For more information on the city of Hollywood, please visit:

• http://www.floridashollywood.org/default.aspx

• http://www.hollywoodcra.org/index.aspx?nid=94

• http://hollywoodchamber.org/

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