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Property profile & analytics
OFF-MARKET
Office buildings
1 129th Ave Ste 107 Pembroke Pines, FL 33027-1716
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-3446156
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1990
Construction
CONCRETE
Total area
853 SF
Zoning code
(PO)
APN
51-40-14-AE-0030
UPID
US18-3446156
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Airr Holdings LLC
Airr Holdings LLC
since 2026
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
(PO) · Pembroke Pines, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pembroke Pines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pembroke Pines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,435
Tax year 2023
Assessed value
$254,630
Assessed 2023
Previous assessed
$251,220
+1.4% YoY
Effective rate
2.13%
On assessed value
Assessed land
$25,460
Assessed improvement
$229,170
Land market value
$25,460
Improvement market value
$229,170
Total market value
$254,630
Applied tax rate
2,613.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
NONE
Total area
853 SF
Zoning code
(PO)
APN
51-40-14-AE-0030
UPID
US18-3446156
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
(PO) · Pembroke Pines, FLZoning (PO) · permitted uses
(PO) · Pembroke Pines, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
LDC Final Adopted 2 11 2026
Building & site characteristics
From public records
Year built
1990
Construction
CONCRETE
Heating
NONE
Current owner
From public records · entity-resolved
Airr Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
11627 RAMBLING OAK BLVD, ORLANDO, FL 32832-5750
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2026
$450,000
Airr Holdings LLC
Christine Folkins
Warranty Deed
—
Feb 28, 2019
—
Christine Folkins
Shillus,ernst
Correction Deed
related
—
Dec 7, 2018
—
Christine Folkins
Ernst Shillus
Re-recorded Document
related
—
Nov 2, 2018
$100
Christine Folkins
Shillus,ernst
Quit Claim Deed
related
—
Nov 2, 2018
—
Christine Folkins
Ernst Shillus
Quit Claim Deed
related
—
Jun 8, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Apr 17, 2006
—
Ernst W Shillus
Csf Travel INC
Quit Claim Deed
related
—
—
—
Csf Travel INC
—
Deed Of Trust
related
$143,800 · Ernst W & Adelheid Shillus
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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