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Property profile & analytics
OFF-MARKET
Estimated value
$4,415,000
Office buildings
1351 Sawgrass Corporate Pkwy, Sunrise, FL 33323-2831
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-4741662
Property summary
AI-generated overview
This exceptional executive office opportunity is located at 1351 Sawgrass Corporate Pkwy in Sunrise, Broward County, Florida. The property boasts a prime location within the Sunrise submarket cluster, offering convenient access to major transportation routes. Built in 2004, this two-story building sits on a substantial 2.11-acre lot (91,729 square feet) and is zoned I-1. The building itself comprises a single structure. Currently, two executive office suites are available, ranging in size from 3,292 to 3,450 square feet. These suites are ideal for businesses seeking a professional and efficient workspace in a thriving commercial area. The property offers multiple tenancy options, providing flexibility for various business needs. Interested parties should allow 24 hours' notice for scheduling a viewing appointment. This is a rare opportunity to secure high-quality office space in a desirable location. The property's size and zoning offer significant potential for future expansion or adaptation. The address is 1351 Sawgrass Corporate Pkwy, Sunrise, FL 33323.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
CONCRETE
Total area
21,025 SF
Lot
2.11 ac (91,729 SF)
Zoning code
I-1
APN
49-40-34-02-0019
UPID
US18-4741662
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
by Request
Comparable Approach
Comparable
$5.67M
Blend (final)
Blend
$4.42M
Owner & transaction history
Palm Towers South INC · 7 yrs held
Palm Towers South INC
since 2018
2 recorded transactions
Zoning & alternative use
I-1 · Sunrise, 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 Sunrise submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunrise 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.42M
Range $3.97M – $4.86M · ±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
$210 / 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
$67,584
Tax year 2023
Assessed value
$2,783,500
Assessed 2023
Previous assessed
$2,783,500
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$733,830
Assessed improvement
$2,049,670
Land market value
$733,830
Improvement market value
$2,049,670
Total market value
$2,783,500
Applied tax rate
2,112.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
21,025 SF
Lot
2.11 ac (91,729 SF)
Zoning code
I-1
APN
49-40-34-02-0019
UPID
US18-4741662
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Sunrise, FL
Zoning I-1 · permitted uses
I-1 · Sunrise, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunrise. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
Palm Towers South INC
Entity
Mailing address
1351 SAWGRASS CORPORATE PKWY STE #103, SUNRISE, FL 33323-2831
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2018
—
Palm Towers South INC
—
Deed
related
$1,300,000 · Marquis Bank
—
—
Palm Towers South INC
—
Deed Of Trust
related
$1,125,000 · Stonegate Bank
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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