Technical
Financial
Distress signals
Property profile

1229 Ocean Blvd Pompano Beach, FL 33062

OFF-MARKET
Hotels
Property ID
US18-3527733
8,325 SF 0.33 ac lot Built 1964
Entity Owned 20-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Hotel & Motel Vacation Rental

Location

1229 Ocean Blvd Pompano Beach, FL 33062-6669
Pompano Beach metro Census 31207 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2006
4 recorded transactions
2020
Price N/A
2019
Price N/A
2006
$1.7M
1969
Price N/A

Zoning & alternative use

B-3 · Pompano Beach, FL
Zoning description

The General Business (B-3) district is established and intended to accommodate a diverse range of moderate intensity retail, service, office, recreation/ entertainment, visitor accommodation, and institutional uses that…

General category CIVIC_INSTITUTIONAL

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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