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Property profile & analytics
OFF-MARKET
Estimated value
$16,520,000
Investment properties
1040 Bayview Dr Fort Lauderdale, FL 33304-2522
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-3576445
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1967
Construction
CONCRETE
Total area
94,938 SF
Lot
2.39 ac (103,982 SF)
Zoning code
B-1
APN
49-42-36-12-0040
UPID
US18-3576445
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
Current use
Occupant on record · Public records
-
Alexandra Alfaro, LMFT Physician
-
Courtney Lancianese Marriage Or Relationship Counselor
-
Copyright © 2015 by Fort Lauderdale Insurance Services. All Rights Reserved. Insurance Agency
-
The Law Offices of Steven L. Berzner, Esq., P.A. Law Firm Child Welfare Organization
-
Mishelle Ortiz-Velez Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.52M
Owner & transaction history
Sunrise & Bayview Partners LLC · 12 yrs held
Sunrise & Bayview Partners LLC
since 2014
4 recorded transactions
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ize - Frontage Length - Living Units - Lot Type Block Corner Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB -…
Zone name
Boulevard Business
General category
COMMERCIAL
Zone area
1,236.99 ac
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 Fort Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lauderdale 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$24,280,000
6.5%
$22,415,000
7%
$20,810,000
Blend value · Realmo final
$16.52M
Range $14.87M – $18.17M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$174 / SF
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
$183,693
Tax year 2023
Assessed value
$6,666,120
Assessed 2023
Previous assessed
$6,685,580
-0.3% YoY
Effective rate
2.76%
On assessed value
Assessed land
$2,495,570
Assessed improvement
$4,170,550
Land market value
$2,495,570
Improvement market value
$4,170,550
Total market value
$6,666,120
Applied tax rate
312.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
6
Total area
94,938 SF
Lot
2.39 ac (103,982 SF)
Zoning code
B-1
APN
49-42-36-12-0040
UPID
US18-3576445
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Fort Lauderdale, FLZoning B-1 · permitted uses
B-1 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ize - Frontage Length - Living Units - Lot Type Block Corner Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB - Commercial Business CC - Commerce Center District CF - Community Facility CF-H - C
Zone name
Boulevard Business
General category
COMMERCIAL
Zone area
1,236.99 ac
Building & site characteristics
From public records
Year built
1967
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Buildings
2
Lot
2.39 ac
Current owner
From public records · entity-resolved
Sunrise & Bayview Partners LLC
Entity
Free & Clear · 12 yrs held
Mailing address
95 S FEDERAL HWY STE #100, BOCA RATON, FL 33432-4840
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2019
—
Sunrise & Bayview Partners LLC
—
Loan Modification
related
$5,000,000 · Iberiabank
Aug 21, 2014
—
Sunrise & Bayview Partners LLC
—
Loan Modification
related
$5,000,000 · Iberiabank
Jul 3, 2014
$7,900,000
Sunrise & Bayview Partners LLC
Bayview Offices LLC
Grant Deed
—
—
—
Bayview Offices LLC
—
Deed Of Trust
related
$8,000,000 · Coconut Grove Bank
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.
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