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Property profile & analytics
FOR LEASE
Warehouses
117 NW 3Rd Ave Dania Beach, FL 33004
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4458522
For Lease
1 / 6
$18 SF/Yr
117 NW 3Rd Ave, Dania Beach, FL 33004
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
CONCRETE
Total area
16,984 SF
Lot
0.65 ac (28,398 SF)
Zoning code
CC
APN
50-42-34-01-1360
UPID
US18-4458522
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
-
Gulfeagle Supply Dania Beach Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$2.27M
Owner & transaction history
Carr Real Estate Ventures Ltd · 8 yrs held
Carr Real Estate Ventures Ltd
since 2017
7 recorded transactions
Zoning & alternative use
CC · Dania 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 Dania Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dania 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±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
$133 / 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
$42,313
Tax year 2023
Assessed value
$2,265,700
Assessed 2023
Previous assessed
$1,874,890
+20.8% YoY
Effective rate
1.87%
On assessed value
Assessed land
$255,580
Assessed improvement
$2,010,120
Land market value
$255,580
Improvement market value
$2,010,120
Total market value
$2,265,700
Applied tax rate
413.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1990
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
16,984 SF
Lot
0.65 ac (28,398 SF)
Zoning code
CC
APN
50-42-34-01-1360
UPID
US18-4458522
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CC · Dania Beach, FL
Zoning CC · permitted uses
CC · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dania Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Carr Real Estate Ventures Ltd
Entity
Mailing address
4601 SHERIDAN ST STE #300, HOLLYWOOD, FL 33021-3433
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2019
—
Carr Real Estate Ventures Ltd
—
Deed
related
$923,333 · Citibank
Nov 3, 2017
—
Carr Real Estate Ventures Ltd
—
Deed
related
$1,000,000 · Citibank
Aug 30, 2017
$2,000,100
Carr Real Estate Ventures Ltd
Bms Partners LLC
Warranty Deed
—
Nov 18, 2016
—
Bms Partners LLC
—
Deed
related
$1,006,626 · Florida Cmnty Bk
Sep 26, 2006
$1,714,000
Bms Partners LLC
John Ioannaou
Warranty Deed
$1,584,400 · Premier American Bank
—
—
Joseph Maggi
—
Deed Of Trust
related
$40,000 · Union Bank Of Florida
—
—
Carr Real Estate Ventures Ltd
—
Loan Modification
related
$923,333 · Citibank
—
—
Bms Partners LLC
—
Loan Modification
related
$1,006,626 · Florida Cmnty Bk
—
—
Carr Real Estate Ventures Ltd
—
Deed Of Trust
related
$1,000,000 · Citibank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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