Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1224 SW 1St Ave Fort Lauderdale, FL 33315

FOR LEASE
Office buildings
Property ID
US18-2438591
672 SF 0.14 ac lot Built 1926
Last sale Sep 2020 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This approximately 800-square-foot office property is located in a freestanding building constructed in 1926. Interior finishes include wood, vinyl, and tile flooring, and the space is served by central heating and central air for building-wide climate control. The layout is suitable for professional office operations, including medical, therapeutic, legal, or solo-practitioner use. The property includes two assigned parking spaces, guest parking, and additional on-street availability, and sits…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$527k
Assessed land$75k
Assessed improvement$452k
Effective rate2.17%

Value estimate

· Oct 2026
$1.17M
$1.05M – $1.29M
Submarket $/SF estimate$627k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$13k
Operating expenses−$17k
NOI · 2,553.90% cap applied$51k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$474/SF
Submarket average, outlier-cleaned · 627 recorded sales of this use type
Observed band · Q1–Q3$263 – $932
Qualifying comparables12

Cap rate analysis

How does the asset earn?
2,553.90%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SRAC-SAW
The SRAC-SAW zoning district is intended to be an area of more intensive uses consisting of heavy non-residential business uses, wholesal...
General categoryCOMMERCIAL
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center11.2
Tailor Shop9.5
Butcher8.7

Location

1224 SW 1St Ave Fort Lauderdale, FL 33315
County assessor Recorded deeds · 4 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
215 17th, Fort Lauderdale, FL 33315-1745 $505,000 Mar 2025 1,573 SF
111 12th, Fort Lauderdale, FL 33315-1516 $1,726,700 Nov 2024 1,260 SF
208 12th, Fort Lauderdale, FL 33315-1519 $620,000 Jun 2021 1,806 SF
403 8th, Fort Lauderdale, FL 33315-3816 $635,000 May 2021 1,374 SF
219 12th, Fort Lauderdale, FL 33315-1518 $200,000 Dec 2018 1,282 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again