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Property profile & analytics
OFF-MARKET
Estimated value
$5,300,000
Office buildings
1108 Sunset Strip 18 Sunrise, FL 33313-6108
Entity Owned
1-yr Hold
Free & Clear
Property ID
US19-0859488
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Construction
CONCRETE
Total area
683 SF
Lot
0.02 ac (763 SF)
Zoning code
B-3
APN
49-41-35-KM-0180
UPID
US19-0859488
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
$5.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.30M
Owner & transaction history
Eg Holdings Sunset Strip LLC · 1 yrs held
Eg Holdings Sunset Strip LLC
since 2024
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
B-3 · Sunrise, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To arterial streets and trafficways where business establishments primarily not of a neighborhood or community service type may properly locate to serve large sections of the city and metropolitan area
Zone name
General Business District
General category
COMMERCIAL
Zone area
1,145.69 ac
Source
Realmo
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 Sunrise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunrise 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
$5,300,000
ML approach
$5,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.30M
Range $4.77M – $5.83M · ±10% · vs last sale $5.30M (Dec 19 2024)
Last sale anchor
$5.30M
Dec 19 2024
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
$7,760 / 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
$2,823
Tax year 2023
Assessed value
$113,190
Assessed 2023
Previous assessed
$101,970
+11.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$11,320
Assessed improvement
$101,870
Land market value
$11,320
Improvement market value
$101,870
Total market value
$113,190
Applied tax rate
2,112.0000
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
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Total area
683 SF
Lot
0.02 ac (763 SF)
Zoning code
B-3
APN
49-41-35-KM-0180
UPID
US19-0859488
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Sunrise, FLZoning B-3 · permitted uses
B-3 · Sunrise, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To arterial streets and trafficways where business establishments primarily not of a neighborhood or community service type may properly locate to serve large sections of the city and metropolitan area
Zone name
General Business District
General category
COMMERCIAL
Zone area
1,145.69 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Eg Holdings Sunset Strip LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5935 NE 2ND AVE, MIAMI, FL 33137-2044
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
$5,300,000
Eg Holdings Sunset Strip LLC
1100 Sunset Strip LLC
Warranty Deed
—
Apr 21, 2021
$2,575,000
1100 Sunset Strip LLC
Al Commercial Group LLC
Warranty Deed
$1,200,000 · Carole Uzan Bentate Etal
Apr 21, 2021
—
1100 Sunset Strip LLC
—
Deed
related
$1,200,000 · Sppf Of Fl LLC
Sep 12, 2013
—
Ai Commercial Group LLC
Atallah,ghazi
Quit Claim Deed
related
—
Jan 4, 2013
$860,000
Ghazi Atallah
Sunset Shopping Centers LLC
Warranty Deed
$200,000 · Sunset Shopping Centers LLC
Sep 8, 2006
$2,100,000
Sunset Shopping Centers LLC
Sunset Strip Dev LLC
Warranty Deed
—
Apr 19, 2005
$1,500,000
Sunset Strip Development LLC
Sunrise Golf Development Corp
Warranty Deed
$1,200,000 · Wachovia Bank NA
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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