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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Motels
1441 Cordova Rd, Fort Lauderdale, FL 33316-2111
Entity Owned
6-yr Hold
Free & Clear
Property ID
US19-0671701
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1959
Construction
CONCRETE
Total area
9,176 SF
Lot
0.5 ac (21,869 SF)
Zoning code
RMM-25
APN
50-42-14-16-0010
UPID
US19-0671701
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
-
Casa Cordova by Lowkl Vacation Rental Real Estate Agency
-
Casa Cordova Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Cordova Hospitality LLC · 6 yrs held
Cordova Hospitality LLC
since 2019
7 recorded transactions
Zoning & alternative use
RMM-25 · Fort Lauderdale, 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 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
by Request
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$88 / 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
$46,824
Tax year 2023
Assessed value
$2,273,670
Assessed 2023
Previous assessed
$2,273,670
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$874,760
Assessed improvement
$1,398,910
Land market value
$874,760
Improvement market value
$1,398,910
Total market value
$2,273,670
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1959
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
24
Total area
9,176 SF
Lot
0.5 ac (21,869 SF)
Zoning code
RMM-25
APN
50-42-14-16-0010
UPID
US19-0671701
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RMM-25 · Fort Lauderdale, FL
Zoning RMM-25 · permitted uses
RMM-25 · 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.
Building & site characteristics
From public records
Year built
1959
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
24
Lot
0.5 ac
Current owner
From public records · entity-resolved
Cordova Hospitality LLC
Entity
Free & Clear · 6 yrs held
Mailing address
920 COLLINS AVE, MIAMI BEACH, FL 33139-5010
Ownership since
2019
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
Mar 30, 2020
—
Cordova Hospitality LLC
—
Deed
related
$2,275,000 · Legacy Bk/fl
Jul 15, 2019
$2,500,000
Cordova Hospitality LLC
Kovach,f Michael
Warranty Deed
—
Sep 22, 2005
$2,250,000
F M Kovach
Bridge LLC
Warranty Deed
$750,000 · American National Bank & Trust
Feb 16, 2005
—
Bridge LLC
—
Trustees Deed
related
$60,000 · Edward Simonian
Mar 11, 2004
$1,550,000
Bridge LLC
Bridge At Cordova LLC
Grant Deed
related
$1,085,000 · Landmark Bank
Dec 4, 2001
$1,060,000
Bridge At Cordova LLC
Serge,robert & Masaekaji
Grant Deed
$742,000 · Landmark Bank
—
—
Cordova Hospitality LLC
—
Deed Of Trust
related
$2,275,000 · Legacy Bk/fl
—
—
Robert B Serge
—
Deed Of Trust
related
$50,000 · Gaddis Capital Corp
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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