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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Hotels
1229 Ocean Blvd Pompano Beach, FL 33062-6669
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-3527733
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1964
Construction
CONCRETE
Total area
8,325 SF
Lot
0.33 ac (14,500 SF)
Zoning code
B-3
APN
49-43-06-05-0050
UPID
US18-3527733
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
-
1229 Apartments at Beachcomber Resort Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$920k
Owner & transaction history
Beachcomber Villas INC · 20 yrs held
Beachcomber Villas INC
since 2006
4 recorded transactions
Zoning & alternative use
B-3 · Pompano 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 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
by Request
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
$1,060,000
6.5%
$980,000
7%
$910,000
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$111 / 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
$37,412
Tax year 2023
Assessed value
$1,792,880
Assessed 2023
Previous assessed
$1,559,370
+15.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$291,020
Assessed improvement
$1,501,860
Land market value
$291,020
Improvement market value
$1,501,860
Total market value
$1,792,880
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
1964
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
3
Units
10
Total area
8,325 SF
Lot
0.33 ac (14,500 SF)
Zoning code
B-3
APN
49-43-06-05-0050
UPID
US18-3527733
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Pompano Beach, FL
Zoning B-3 · permitted uses
B-3 · 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.
Building & site characteristics
From public records
Year built
1964
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
10
Lot
0.33 ac
Current owner
From public records · entity-resolved
Beachcomber Villas INC
Entity
Mailing address
1200 S OCEAN BLVD, POMPANO BEACH, FL 33062-6609
Ownership since
2006
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 4, 2020
—
Beachcomber Villas INC
—
Deed
related
$2,000,000 · Centerstate Bk NA
Jun 11, 2019
—
Beachcomber Villas INC
—
Loan Modification
related
$12,500,000 · Centerstate Bk NA
Apr 26, 2006
$1,700,000
Beachcomber Villas INC
North,carlton E & Kelly S
Warranty Deed
$2,500,000 · First Southern Bank
—
—
Beachcomber Villas INC
—
Deed Of Trust
related
$2,000,000 · Centerstate Bk NA
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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