Technical
Financial
Distress signals
Property profile

1200 Ocean Blvd 1208 Pompano Beach, FL 33062

OFF-MARKET
Hotels
Property ID
US18-0229901
70,618 SF 2.98 ac lot Built 1972
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1972
Construction CONCRETE
Total area 70,618 SF
Lot 2.98 ac (129,802 SF)
Zoning code RM-45/HR
APN 48-43-30-01-1410
UPID US18-0229901

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • High School
  • Alternative Medicine Practice Spa & Massage Center
  • Restaurant
  • Atm
  • Cafe & Coffee Shop

Location

1200 Ocean Blvd, Unit 1208 Pompano Beach, FL 33062-4061
Pompano Beach metro Census 31203 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$57.79M
Blend (final) Blend
$57.84M

Owner & transaction history

since 2021
Last sale
$54.1M
7 recorded transactions
2021
$54.1M
2020
Price N/A
2019
Price N/A
2018
Price N/A
2018
$45.1M
2017
Price N/A
2012
Price N/A

Zoning & alternative use

RM-45/HR · Pompano Beach, FL
Zoning description

The Multiple Family Residence 45 (RM-45) district is established and intended to accommodate primarily multifamily dwellings (including townhouse development) including community residences and recovery communities at hi…

General category RESIDENTIAL
Top alternative use upside
Restaurant $59.2M +33.2%
Auto repair, garage $51.8M +16.5%
Commercial (general) $51.0M +14.6%

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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