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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Medical Office Space
1345 4th Ave Fort Lauderdale, FL 33304-1031
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-9956345
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Construction
CONCRETE
Total area
3,782 SF
Lot
0.6 ac (26,024 SF)
Zoning code
RDS-15
APN
49-42-34-02-6990
UPID
US18-9956345
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
-
Advanced Relief Institute Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Amin Pain Nautical LLC · 5 yrs held
Amin Pain Nautical LLC
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
RDS-15 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.8M
+61.5%
Warehouse, storage
$2.4M
+37.6%
Office building
$2.3M
+31.3%
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
$2,380,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,760,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,845,000
Change: +61% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,425,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$2,315,000
Change: +31% · Conversion: Easy
RETAIL STORES
$2,140,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10% · vs last sale $1.52M (Sep 28 2020)
Last sale anchor
$1.52M
Sep 28 2020
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
$456 / 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
$28,566
Tax year 2023
Assessed value
$1,363,270
Assessed 2023
Previous assessed
$1,193,360
+14.2% YoY
Effective rate
2.10%
On assessed value
Assessed land
$258,470
Assessed improvement
$1,104,800
Land market value
$258,470
Improvement market value
$1,104,800
Total market value
$1,363,270
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,782 SF
Lot
0.6 ac (26,024 SF)
Zoning code
RDS-15
APN
49-42-34-02-6990
UPID
US18-9956345
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RDS-15 · Fort Lauderdale, FL
Zoning RDS-15 · permitted uses
RDS-15 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
1966
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.6 ac
Current owner
From public records · entity-resolved
Amin Pain Nautical LLC
Entity
Mailing address
1345 NE 4TH AVE, FORT LAUDERDALE, FL 33304-1031
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2020
$1,515,000
Amin Pain Nautical LLC
Peg 32 LLC
Special Warranty Deed
—
Sep 28, 2020
—
Peg 32 LLC
Tom Tom Realty Holdings LLC
Quit Claim Deed
related
—
Jan 17, 2019
—
Tom Tom Realty Holdings LLC
—
Deed
related
$1,651,250 · Pnc Bk
Jun 11, 2018
—
Tom Tom Realty Holdings LLC
—
Deed
related
$596,639 · Paradise Bk
Oct 1, 2008
$375,000
Tom Tom Realty Holdings LLC
Smith,thomas & Greta B
Warranty Deed
$570,000 · Paradise Bank
Jan 28, 2003
$99,800
Walter Agens
Williams,nora J
Grant Deed
$99,800 · Sib Mortgage Corp
Dec 20, 2000
$79,000
Nora J Williams
Bear Property Maintenance INC
Grant Deed
$78,939 · Colonial Trust Co
Nov 20, 2000
$45,000
Bear Property Maintenance INC
Bankers Trust Co Trustee
Grant Deed
$45,000 · Individual
—
—
Tom Tom Realty Holdings LLC
—
Loan Modification
related
$596,639 · Paradise Bk
—
—
Tom Tom Realty Holdings LLC
—
Deed Of Trust
related
$1,651,250 · Pnc Bk
—
—
Thomas S Smith
—
Deed Of Trust
related
$113,996 · Suntrust Bank NA
—
—
Thomas S Smith
—
Deed Of Trust
related
$500,000 · Suntrust Bank NA
—
—
Tom Tom Realty Holdings LLC
—
Loan Modification
related
$596,639 · Paradise Bk
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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