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Property profile & analytics
OFF-MARKET
Estimated value
$57,835,000
Hotels
1200 Ocean Blvd 1208 Pompano Beach, FL 33062-4061
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0229901
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pompano beach kiteboarding High School
-
SiSpa Alternative Medicine Practice Spa & Massage Center
-
AND Fish Kitchen + Bar Restaurant
-
ATM Atm
-
Living Room Cafe Cafe & Coffee Shop
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
Kw Pompano Beach LLC · 4 yrs held
Kw Pompano Beach LLC
since 2021
Last sale
$54.1M
7 recorded transactions
Zoning & alternative use
RM-45/HR · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$59.2M
+33.2%
Auto repair, garage
$51.8M
+16.5%
Commercial (general)
$51.0M
+14.6%
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
$65,295,000
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
$44,485,000
Current use
RESTAURANT
$59,240,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$51,830,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$50,995,000
Change: +15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$46,115,000
Change: +4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$43,770,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$57.84M
Range $52.05M – $63.62M · ±10% · vs last sale $54.13M (Dec 6 2021)
Last sale anchor
$54.13M
Dec 6 2021
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
$819 / 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
$1,258,358
Tax year 2023
Assessed value
$63,749,940
Assessed 2023
Previous assessed
$63,749,940
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$8,638,020
Assessed improvement
$55,111,920
Land market value
$8,638,020
Improvement market value
$55,111,920
Total market value
$63,749,940
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
9
Units
100
Bathrooms
91
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
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RM-45/HR · Pompano Beach, FL
Zoning RM-45/HR · permitted uses
RM-45/HR · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$44.5M
RESTAURANT
Est. value
$59.2M
AUTO REPAIR, GARAGE
Est. value
$51.8M
COMMERCIAL (GENERAL)
Est. value
$51.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$46.1M
INDUSTRIAL (GENERAL)
Est. value
$43.8M
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1972
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
9
Buildings
3
Units
100
Bathrooms
91
Lot
2.98 ac
Current owner
From public records · entity-resolved
Kw Pompano Beach LLC
Entity
Mailing address
848 BRICKELL AVE STE #1100, MIAMI, FL 33131-2943
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$54,125,000
Kw Pompano Beach LLC
Pompano Hotel I LLC
Special Warranty Deed
$46,000 · Synovus Bank
Aug 4, 2020
—
Beachcomber Villas INC
—
Deed
related
$2,000,000 · Centerstate Bk NA
Jun 11, 2019
—
Beachcomber Villas INC
—
Deed
related
$12,500,000 · Centerstate Bk NA
Dec 7, 2018
—
Pompano Hotel I LLC
—
Grant Deed
related
$30,000,000 · People's United Bk
Aug 22, 2018
$45,147,300
Pompano Hotel I LLC
Uh-pompano LLC
Grant Deed
related
—
Mar 27, 2017
—
Beachcomber Villas INC
—
Deed
related
—
Apr 20, 2012
—
Uh-pompano LLC
—
Deed Of Trust
related
$30,000,000 · Pnc Bank
Jan 3, 2011
$8,550,000
Uh-pompano LLC
1208 N Ocean Boulevard LLC
Grant Deed
related
$7,500,000 · Beach Hotel LLC
Feb 11, 2009
—
1208 N Ocean Boulevard LLC
Clerk Of Court/broward County
Trustees Deed
related
—
Feb 3, 2009
—
1208 N Ocean Blvd LLC
Owner Name Unavailable
Grant Deed
related
—
Jun 6, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Dec 10, 2004
$550,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Sep 10, 2002
$7,065,000
Tidewater Lodging Group LLC
Gami Oceanfront LLC
Grant Deed
related
$5,904,850 · Bankatlantic Fsb
—
—
Pompano Hotel I LLC
—
Deed Of Trust
related
$30,000 · People's United Bk
—
—
Tidewater Lodging Group LLC
—
Deed Of Trust
related
$42,500 · Alvaro Martinez
—
—
Treviso By The Sea Jv LLC
—
Loan Modification
related
$1,350,000 · Southeast Florida Funding LLC
—
—
Tidewater Lodging Group LLC
—
Deed Of Trust
related
$13,500,000 · Broadway Bank
—
—
William H Jackson
—
Loan Modification
related
$15,000 · Ronrick H & Susan Kern
—
—
Treviso By The Sea Jv LLC
—
Deed Of Trust
related
$13,500,000 · Broadway Bank
—
—
Capitol Resorts Of Florida INC
—
Deed Of Trust
related
$400,000 · Bank Of Little Rock
—
—
Tidewater Lodging Group LLC
—
Loan Modification
related
$1,350,000 · Southeast Florida Funding LLC
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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