Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Motels
1411 31st Ave Pompano Beach, FL 33069-1148
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-3441416
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1974
Construction
CONCRETE
Total area
58,659 SF
Lot
4.97 ac (216,284 SF)
Zoning code
B-3
APN
48-42-33-00-0329
UPID
US18-3441416
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
-
CAFE 31 Cafe & Coffee Shop
-
C.A. Lindman, Inc. General Contractor
-
Fort Lauderdale Beach A1A Hotel & Motel
-
Budgetel Pompano Beach Hotel & Motel
-
Paramount Food and Beverage Importers Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$3.50M
Owner & transaction history
Bhavinay Investments LLC · 14 yrs held
Bhavinay Investments LLC
since 2012
7 recorded transactions
Zoning & alternative use
B-3 · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 serve the residents and businesses in the community at large (e.g., most retail sales and service uses, restaurants, offices, banks, restaur…
Zone name
General Business
General category
CIVIC_INSTITUTIONAL
Zone area
904.67 ac
Source
Realmo
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±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
$60 / 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
$133,144
Tax year 2023
Assessed value
$5,257,330
Assessed 2023
Previous assessed
$5,257,330
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$1,513,990
Assessed improvement
$3,743,340
Land market value
$1,513,990
Improvement market value
$3,743,340
Total market value
$5,257,330
Applied tax rate
1,512.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1974
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
3
Units
184
Total area
58,659 SF
Lot
4.97 ac (216,284 SF)
Zoning code
B-3
APN
48-42-33-00-0329
UPID
US18-3441416
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Pompano Beach, FLZoning 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
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 serve the residents and businesses in the community at large (e.g., most retail sales and service uses, restaurants, offices, banks, restaurants, gasoline filling stations, marinas, auto and boat sales and service uses, theaters, hotels, child care facilities, vocational or trade schools, health care facilities, places of worship)
Zone name
General Business
General category
CIVIC_INSTITUTIONAL
Zone area
904.67 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Units
184
Lot
4.97 ac
Current owner
From public records · entity-resolved
Bhavinay Investments LLC
Entity
Mailing address
1411 NW 31ST AVE, POMPANO BEACH, FL 33069-1148
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2019
—
Bhavinay Investments LLC
—
Deed
related
$2,086,465 · Terrabank NA
Aug 2, 2012
$2,200,000
Bhavinay Investments LLC
Frontier Hotels INC
Warranty Deed
$1,600,000 · Dalsukh & Ila Madia
Feb 15, 2005
—
Frontier Hotels INC
Chevron USA INC
Quit Claim Deed
related
—
Jul 12, 2001
$2,375,000
Frontier Hotels INC
Motel Associates Pompano Beach
Grant Deed
$2,200,000 · Pointe Bank
Feb 3, 1997
—
Motel Associates Of Pb
Pompano Beach Associates INC
Quit Claim Deed
related
—
—
—
Bhavinay Investments LLC
—
Loan Modification
related
$2,086,465 · Terrabank NA
—
—
Bhavinay Investments LLC
—
Deed Of Trust
related
$300,000 · Terrabank 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1411 31st Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
