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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Marinas
1451 Old Griffin Rd Dania Beach, FL 33004-2236
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5370911
Property profile
Verified
Property type
Marinas
Use group
MARINE FACILITY/BOARD REPAIRS
Year built
1988
Construction
CONCRETE
Total area
39,808 SF
Lot
1.67 ac (72,843 SF)
Zoning code
MA
APN
50-42-33-41-0010
UPID
US18-5370911
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
-
Thunderboat Marine Service Center Marina Boat Repair Shop
-
American Off Shore Marina Marina
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.44M
Blend (final)
Blend
$1.11M
Owner & transaction history
Harbor One Realty INC · 3 yrs held
Harbor One Realty INC
since 2022
7 recorded transactions
Zoning & alternative use
MA · Dania Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To encourage expansion of the marine industry by permitting marine uses which are primarily conducted within a building and which have limited impact outside the building
Zone name
Marine
General category
UNKNOWN
Zone area
25.47 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 Dania Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dania 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
$1,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±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
$28 / 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
$50,343
Tax year 2023
Assessed value
$2,149,260
Assessed 2023
Previous assessed
$2,149,260
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$1,165,490
Assessed improvement
$983,770
Land market value
$1,165,490
Improvement market value
$983,770
Total market value
$2,149,260
Applied tax rate
413.0000
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
Marinas
Use group
MARINE FACILITY/BOARD REPAIRS
Status
Off-Market
Year built
1988
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
39,808 SF
Lot
1.67 ac (72,843 SF)
Zoning code
MA
APN
50-42-33-41-0010
UPID
US18-5370911
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MA · Dania Beach, FLZoning MA · permitted uses
MA · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To encourage expansion of the marine industry by permitting marine uses which are primarily conducted within a building and which have limited impact outside the building
Zone name
Marine
General category
UNKNOWN
Zone area
25.47 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1988
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Harbor One Realty INC
Entity
Mailing address
1451 OLD GRIFFIN RD, DANIA BEACH, FL 33004-2236
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
—
Harbor One Realty INC
—
Deed
related
$310,000 · Seacoast National Bank
Mar 8, 2017
—
Harbor One Realty INC
—
Deed
related
$170,000 · Legacy Bk/fl
Sep 20, 2016
—
Harbor One Realty INC
—
Deed
related
$2,750,000 · Legacy Bk/fl
Jun 13, 2016
—
Old Griffin Corp
—
Deed
related
$1,500,000 · Boston Private Bk
May 2, 2014
—
Old Griffin Corp
—
Loan Modification, Consolidation And Extension
related
$5,500,000 · Boston Private Bk
Apr 3, 2013
—
Old Griffin Corp
—
Deed Of Trust
related
$5,500,000 · Boston Private Bank & Trust
—
—
Old Griffin Corp
—
Loan Modification
related
$1,500,000 · Boston Private Bk
—
—
Harbor One Realty INC
—
Loan Modification
related
$2,750,000 · Legacy Bk/fl
—
—
Harbor One Realty INC
—
Loan Modification
related
$170,000 · Legacy Bk/fl
—
—
Old Griffin Corp
—
Loan Modification
related
$5,500,000 · Boston Private 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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