Financial
Distress signals
Property profile

516 Flagler Ave Fort Lauderdale, FL 33301

OFF-MARKET
Other industrial properties
Property ID
US18-2580075
2,838 SF 0.1 ac lot Built 2003
Last sale Dec 2024 · $2,525,000
Individually Owned Owner of record is an individual. 50-yr Hold Held for 50 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The offering includes two separate buildings located at 515 SW 1st Ave and 516 SW Flagler Ave in downtown Fort Lauderdale, configured back-to-back to provide convenient access between the structures. The buildings feature high ceilings, include office space, and have a bay door. Both buildings provide on-site parking and present flexibility for a range of uses such as owner-occupancy, leasing, or potential redevelopment.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$836k
Assessed land$446k
Assessed improvement$390k
Effective rate2.02%

Value estimate

· Oct 2026
$490k
$441k – $539k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$977/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$480 – $1,638
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RAC-CC
City Center District is the city's high-intensity downtown zoning district, and is intended to be applied to the central downtown core ar...
General categoryCOMMERCIAL
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop12.8
Pet Grooming Service10.1
Shoe Repair8.9

Location

516 Flagler Ave Fort Lauderdale, FL 33301-2836
County assessor Recorded deeds · 1 transfer 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
437 1st, Fort Lauderdale, FL 33301-3201 $2,200,000 Mar 2025 4,566 SF
201 5th, Fort Lauderdale, FL 33301-2815 $4,000,000 Dec 2023 8,700 SF
421 1st, Fort Lauderdale, FL 33301-3201 $28,980,000 Apr 2022 85,479 SF
125 4th Stpark, Fort Lauderdale, FL 33301-3207 $28,980,000 Apr 2022 50,200 SF
617 2nd, Fort Lauderdale, FL 33301-2809 $155,000 Nov 2020 5,070 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
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