Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

335 Desoto St

Hollywood, FL 33019  ·  Hotel/Motel  ·  Folio 514201027190
Building
3,450
square feet
Lot
6,423
0.15 acres
Year built
1969
57 years old
Assessed value
$2,430,170
$704/SF assessed

Ownership and recorded sale history

Owner of recordMAKANI BEACH HOUSE DESOTO LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2022 — $2,395,000
At that sale$694/SF
Years since4 years
Broward County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in Hollywood Beach

Recorded transactions for commercial properties in the Hollywood Beach blocks along Ocean Drive and Surf Road, narrowed to the buildings closest to this one in size and age.

Recorded sales
8
2021–2024
Median price/SF
$666
$479 – $857
Median size
3,794
square feet
Median vintage
1952
year built
Computed across the 8 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $704/SF. Recorded sales of commercial properties in Hollywood Beach since 2021 have a median of $666/SF, across a range of $479/SF to $857/SF.

Across those 8 recorded sales, the median sale price came in at 1.09× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

By footprint it sits in roughly the 22th percentile of commercial properties that have traded in this corridor — 14 of the 18 recorded sales were of larger buildings.

The assessment works out 6% above the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
334 Grant St #1-8
Hotel/Motel
3,52519642024$2,700,000$766
317 Polk St
Hotel/Motel
3,33919402024$1,790,000$536
339 Taylor St
Hotel/Motel
2,84419522023$2,437,000$857
315 Cleveland St
Hotel/Motel
4,40919412022$2,500,000$567
309 Oklahoma St
Hotel/Motel
4,04819522022$2,100,000$519
2500 N Surf Rd
Hotel/Motel
4,50119472021$3,500,000$778
315 Taylor St
Hotel/Motel
3,53919572021$2,800,000$791
315 Desoto St
Hotel/Motel
5,32419662021$2,550,000$479
Recorded sale prices from Broward County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Broward County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 514201027190." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.