Technical
Financial
Distress signals
Property profile

118 1st Ave Hallandale Beach, FL 33009

OFF-MARKET
Investment properties
Property ID
US18-1947402
5,635 SF 0.29 ac lot Built 1950
Entity Owned 5-yr Hold
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Construction CONCRETE
Total area 5,635 SF
Lot 0.29 ac (12,595 SF)
Zoning code CENTRAL RAC
APN 51-42-27-04-0090
UPID US18-1947402

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

118 1st Ave Hallandale Beach, FL 33009-4210
Hallandale Beach metro Census 100201 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.88M
CAP Approach CAP
$1.50M
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.41M

Owner & transaction history

since 2020
Last sale
$1.1M
2 recorded transactions
2020
$1.1M
2019
$768,000

Zoning & alternative use

CENTRAL RAC · Hallandale Beach, FL
Top alternative use upside
Medical building $2.0M +24.7%
Retail stores $2.0M +24.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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