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Property profile & analytics
OFF-MARKET
Estimated value
$3,570,000
Hotels
111 Birch Rd, Fort Lauderdale, FL 33304-4313
Entity Owned
~
Est. High Equity
Property ID
US18-1440014
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1968
Construction
CONCRETE
Total area
9,001 SF
Lot
0.42 ac (18,218 SF)
Zoning code
IOA
APN
50-42-12-10-1100
UPID
US18-1440014
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
-
The Pillars Hotel & Club Hotel & Motel
-
Gray Rocks Asset Management Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.98M
Blend (final)
Blend
$3.57M
Owner & transaction history
The Pillars Club And Residences LLC
The Pillars Club And Residences LLC
since 2026
3 recorded transactions
Zoning & alternative use
IOA · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$5.8M
+25.9%
Office building
$5.5M
+20.1%
Retail stores
$5.1M
+11.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,585,000
Current use
WAREHOUSE, STORAGE
$5,770,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$5,505,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$5,090,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$3.57M
Range $3.21M – $3.93M · ±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
$397 / 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
$124,336
Tax year 2023
Assessed value
$6,405,610
Assessed 2023
Previous assessed
$6,888,530
-7.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$1,276,540
Assessed improvement
$5,129,070
Land market value
$1,276,540
Improvement market value
$5,129,070
Total market value
$6,405,610
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
18
Bathrooms
15
Total area
9,001 SF
Lot
0.42 ac (18,218 SF)
Zoning code
IOA
APN
50-42-12-10-1100
UPID
US18-1440014
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IOA · Fort Lauderdale, FL
Zoning IOA · permitted uses
IOA · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$4.6M
WAREHOUSE, STORAGE
Est. value
$5.8M
OFFICE BUILDING
Est. value
$5.5M
RETAIL STORES
Est. value
$5.1M
HOTEL/MOTEL Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
18
Bathrooms
15
Lot
0.42 ac
Current owner
From public records · entity-resolved
The Pillars Club And Residences LLC
Entity
Mailing address
2700 NE 40TH ST, FORT LAUDERDALE, FL 33308-5739
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2026
—
The Pillars Club And Residences LLC
Landry Trebbi Investment Corporatio
Warranty Deed
$8,120,000 · New Wave Loans Residential LLC
Nov 17, 1998
—
Landry Trebbi Investment Corp
Swiss Development Corp
Grant Deed
$1,000,000 · Seller
—
—
Swiss Developement Corp INC
—
Deed Of Trust
related
$100,000 · Individual
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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