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Property profile & analytics
OFF-MARKET
Estimated value
$9,565,000
Community centers
12503 Miramar Pkwy 12681 Miramar, FL 33027-2909
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-7323113
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2020
Total area
53,558 SF
Lot
20 ac (871,372 SF)
Zoning code
B2
APN
51-40-26-10-0010
UPID
US18-7323113
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.57M
Owner & transaction history
Monarch Professional Centre LLC · 2 yrs held
Monarch Professional Centre LLC
since 2024
7 recorded transactions
Zoning & alternative use
B2 · Miramar, 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 Miramar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miramar 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
by Request
CAP Approach
CAP Return
Estimation
6%
$14,195,000
6.5%
$13,105,000
7%
$12,170,000
Blend value · Realmo final
$9.57M
Range $8.61M – $10.52M · ±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
$179 / 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
$1,258,535
Tax year 2023
Assessed value
$55,406,590
Assessed 2023
Previous assessed
$55,406,590
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$13,070,580
Assessed improvement
$42,336,010
Land market value
$13,070,580
Improvement market value
$42,336,010
Total market value
$55,406,590
Applied tax rate
2,713.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2020
Heating
NONE
Cooling
CENTRAL
Buildings
6
Stories
2
Total area
53,558 SF
Lot
20 ac (871,372 SF)
Zoning code
B2
APN
51-40-26-10-0010
UPID
US18-7323113
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B2 · Miramar, FL
Zoning B2 · permitted uses
B2 · Miramar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miramar. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
NONE
Cooling
Yes
Stories
2
Buildings
6
Lot
20 ac
Current owner
From public records · entity-resolved
Monarch Professional Centre LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3348 PEACHTREE RD NE STE #1100, ATLANTA, GA 30326-1447
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2024
—
Monarch Professional Centre LLC
Miramar Investment Partners LLC
Correction Deed
related
—
Oct 31, 2022
$61,544,000
Monarch Town Center Owner LLC
Miramar Investment Partners LLC
Special Warranty Deed
$33,500,000 · Professional Bank
Jun 6, 2022
—
Metro Chicken Of Miramar LLC
—
Deed
related
$1,145,000 · South State Bank NA
Dec 14, 2021
$3,067,000
David G Pirnik
Miramar Investment Partners LLC
Special Warranty Deed
—
Apr 23, 2019
$100
Miramar Invs Ptrs LLC
Centre Condo Assp Monarch
Quit Claim Deed
related
—
Dec 26, 2018
$15,300,000
Miramar Invs Ptrs LLC
Monarch Towne Center Ltd
Grant Deed
—
Feb 23, 2006
$2,307,000
Monarch Prof Centre LLC
Monarch Towne Center Ltd
Grant Deed
related
$8,600,000 · Sterling Bk
Dec 19, 2002
—
Blr Properties LP
Monarch Towne Center Ltd
Grant Deed
related
—
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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