1501 2nd Ave Dania Beach, FL 33004-4260
Entity Owned
11-yr Hold
~
Est. High Equity
Estimated value (blended)
$615k
Range $554k – $677k (±10%)
Property ID
US18-1383645
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1973
Construction
CONCRETE
Total area
6,054 SF
Lot
0.37 ac (16,292 SF)
Zoning code
NBHD-RES
APN
51-42-03-10-5760
UPID
US18-1383645
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$615k
Owner & transaction history
since 2014
5 recorded transactions
Zoning & alternative use
NBHD-RES · Dania Beach, FL
Zoning description
(6) TO AMEND ARTICLE 303, ENTITLED “DISTRICT DEVELOPMENT STANDARDS” AT SECTION 303-50, ENTITLED “NBHD-MU, NEIGHBORHOOD MIXED-USE DISTRICT” TO ELIMINATE SPECIFIC STREET REFERENCES; AND AMENDING SECTION 303-90, ENTITLED “N…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$615k
Value range
$554k – $677k
±10% around blend
Estimated value / SF
$102 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
30
$554k
blend $615k
$677k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,054 SF
Lot area
0.37 ac
Year built
1973
Stories
2
APN
51-42-03-10-5760
Assessed value
$1,495,750
Annual tax
$26,237
3
Income approach: direct capitalization
Partial preview
Income approach indication
$840k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$910k
@ 6.5% CAP return
$840k
@ 7% CAP return
$780k
4
Sales comparison
Partial preview
Sales approach indication
$2.99M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.4 mi away · 4,914 SF
4.3 mi away · 4,802 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$615k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 1277 sales
$694
-85%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $102/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.50M
Move the market yield to see immediate price impact.
Value / SF
$247
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$94k
$1.88M
$1.35M
$1.05M
$105k
$2.09M
$1.50M
$1.16M
$115k
$2.30M
$1.65M
$1.28M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.45M
1.7 mi · Mar 2026 · $553/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$26,237
Tax year 2023
Assessed value
$1,495,750
Assessed 2023
Previous assessed
$1,495,750
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$97,750
Assessed improvement
$1,398,000
Land market value
$97,750
Improvement market value
$1,398,000
Total market value
$1,495,750
Applied tax rate
413.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
11
Total area
6,054 SF
Lot
0.37 ac (16,292 SF)
Zoning code
NBHD-RES
APN
51-42-03-10-5760
UPID
US18-1383645
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
NBHD-RES · Dania Beach, FLZoning NBHD-RES · permitted uses
NBHD-RES · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
(6) TO AMEND ARTICLE 303, ENTITLED “DISTRICT DEVELOPMENT STANDARDS” AT SECTION 303-50, ENTITLED “NBHD-MU, NEIGHBORHOOD MIXED-USE DISTRICT” TO ELIMINATE SPECIFIC STREET REFERENCES; AND AMENDING SECTION 303-90, ENTITLED “N…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
11
Lot
0.37 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
NBHD-RES
RESIDENTIAL
Jurisdiction
Dania Beach, FL
Recorded code
NBHD-RES
Official district
NBHD-RES
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NBHD-RES in Dania Beach, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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