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Property profile & analytics
OFF-MARKET
Estimated value
$4,535,000
Motels
116 Riverside Dr Pompano Beach, FL 33062-5541
Entity Owned
4-yr Hold
Property ID
US18-5600717
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1970
Construction
CONCRETE
Total area
19,081 SF
Lot
0.54 ac (23,573 SF)
Zoning code
AOD
APN
49-43-06-11-0060
UPID
US18-5600717
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
-
Riverside Resort Pompano Beach Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.90M
Blend (final)
Blend
$4.54M
Owner & transaction history
116 S Riverside Drive LLC · 4 yrs held
116 S Riverside Drive LLC
since 2022
Last sale
$4.8M
5 recorded transactions
Zoning & alternative use
AOD · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Pompano Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pompano Beach 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
$4,125,000
ML approach
$4,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.54M
Range $4.08M – $4.99M · ±10% · vs last sale $4.77M (May 9 2022)
Last sale anchor
$4.77M
May 9 2022
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
$238 / 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
$100,855
Tax year 2023
Assessed value
$4,346,530
Assessed 2023
Previous assessed
$4,342,010
+0.1% YoY
Effective rate
2.32%
On assessed value
Assessed land
$473,110
Assessed improvement
$3,873,420
Land market value
$473,110
Improvement market value
$3,873,420
Total market value
$4,346,530
Applied tax rate
1,511.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
4
Units
22
Bathrooms
20
Total area
19,081 SF
Lot
0.54 ac (23,573 SF)
Zoning code
AOD
APN
49-43-06-11-0060
UPID
US18-5600717
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
AOD · Pompano Beach, FL
Zoning AOD · permitted uses
AOD · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pompano Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Units
22
Bathrooms
20
Lot
0.54 ac
Current owner
From public records · entity-resolved
116 S Riverside Drive LLC
Entity
Mailing address
1803 PONTIUS AVE, LOS ANGELES, CA 90025-4305
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2022
—
116 S Riverside Drive LLC
—
Deed
related
$4,106,300 · Popular Bank
May 9, 2022
$1,391,500
116 S Riverside Drive LLC
116 S Riverside Drive LLC
Warranty Deed
related
—
Mar 2, 2021
$4,770,000
116 S Riverside Drive LLC
Ydg 116 LLC
Special Warranty Deed
$2,995,000 · Legacy Bank Of Florida
Sep 26, 2017
$3,600,000
Ygd 116 LLC
Zielinski,edward J & Ollie A
Warranty Deed
$2,800,000 · Mpn INC
—
—
Edward J Zielinski
—
Deed Of Trust
related
$1,439,000 · Washington Mutual Fsb
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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