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Property profile & analytics
FOR SALE
Retail residential properties
1215 E Broward Blvd Fort Lauderdale, FL 33301
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2495490
For Sale
1 / 20
$2,490,000
1215 E Broward Blvd, Fort Lauderdale, FL 33301
View Listing →
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1951
Construction
CONCRETE
Total area
3,880 SF
Lot
0.15 ac (6,750 SF)
Zoning code
RO
APN
50-42-02-08-0040
UPID
US18-2495490
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
-
Tesla Solar Production Facility
-
Polley Daniel Law Firm
-
Trial Consulting Services Law Firm
-
Olsen Elizabeth C Law Firm
-
Olsen & Olsen Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$542k
Blend (final)
Blend
$600k
Owner & transaction history
Megan Horst · 2 yrs held
Megan Horst
since 2024
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
RO · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote a mix of residential and office uses that are compatible with residential neighborhoods, allowing professional and business offices along with certain residential and low-impact service uses
Zone name
Residential Office
General category
MIXED_USE
Zone area
76.55 ac
Source
Realmo
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 Fort Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lauderdale 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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Aug 1 2024)
Last sale anchor
$600k
Aug 1 2024
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
$155 / 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
$12,863
Tax year 2023
Assessed value
$585,000
Assessed 2023
Previous assessed
$585,000
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$202,500
Assessed improvement
$382,500
Land market value
$202,500
Improvement market value
$382,500
Total market value
$585,000
Applied tax rate
312.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Sale
Year built
1951
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Total area
3,880 SF
Lot
0.15 ac (6,750 SF)
Zoning code
RO
APN
50-42-02-08-0040
UPID
US18-2495490
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RO · Fort Lauderdale, FLZoning RO · permitted uses
RO · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote a mix of residential and office uses that are compatible with residential neighborhoods, allowing professional and business offices along with certain residential and low-impact service uses
Zone name
Residential Office
General category
MIXED_USE
Zone area
76.55 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1951
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Megan Horst
Individual
Mailing address
1215 E BROWARD BLVD #4, FORT LAUDERDALE, FL 33301-2133
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
—
Megan Horst
Megan Horst
Intrafamily Transfer
related
$1,000,000 · Nexera Holding LLC
Jun 26, 2020
$600,000
Saga,land Trust
Rwc Legacy LLC
Grant Deed
—
Nov 28, 2016
$647,400
Rwclegacy LLC
Crawford,kathryn J
Warranty Deed
—
Nov 23, 2016
$395,100
Rwclegacy LLC
Crawford,kathryn J
Warranty Deed
—
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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