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Property profile & analytics
OFF-MARKET
Estimated value
$105,025,000
Marinas
1601 20th St Fort Lauderdale, FL 33315-1823
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0261438
Property profile
Verified
Property type
Marinas
Use group
MARINE FACILITY/BOARD REPAIRS
Year built
2008
Construction
STEEL FRAME
Total area
45,280 SF
Lot
18.33 ac (798,504 SF)
Zoning code
I
APN
50-42-16-52-0010
UPID
US18-0261438
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
-
G&H Marine Canvas Inc. Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Maritime Diesel Electric General Contractor
-
Marathon Petroleum Co Factory Production Facility
-
Advanced Mechanical Enterprises Machine Repair Service Machine Shop
-
ADR Power Systems, Inc. Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$105.03M
Owner & transaction history
Shm Lmc LLC · 5 yrs held
Shm Lmc LLC
since 2021
Last sale
$138.2M
7 recorded transactions
Zoning & alternative use
I · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$2,319 / 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
$811,941
Tax year 2023
Assessed value
$38,920,750
Assessed 2023
Previous assessed
$38,920,750
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$30,343,150
Assessed improvement
$8,577,600
Land market value
$30,343,150
Improvement market value
$8,577,600
Total market value
$38,920,750
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
Marinas
Use group
MARINE FACILITY/BOARD REPAIRS
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Bathrooms
1
Total area
45,280 SF
Lot
18.33 ac (798,504 SF)
Zoning code
I
APN
50-42-16-52-0010
UPID
US18-0261438
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
I · Fort Lauderdale, FL
Zoning I · permitted uses
I · 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
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
1
Lot
18.33 ac
Current owner
From public records · entity-resolved
Shm Lmc LLC
Entity
Free & Clear · 5 yrs held
Mailing address
14785 PRESTON RD #9, DALLAS, TX 75254-7876
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
May 4, 2021
$138,160,000
Shm Lmc LLC
Crp Lmc Prop Co LLC
Special Warranty Deed
—
Jun 28, 2017
—
Crp Lmc Prop Co LLC
—
Deed
related
$9,700,000 · Bankunited Fsb
Dec 13, 2016
—
Mplx Terminals LLC
Marathon Petroleum Co LP
Grant Deed
related
—
Jul 7, 2015
$32,500,000
Crp Lmc Prop Co LLC
East Yard Partners LLC
Grant Deed
—
Jun 18, 2010
—
East Yard Partners LLC
—
Deed Of Trust
related
$57,000,000 · Great American Life Insurance
Feb 3, 2009
—
East Yard Partners LLC
—
Trustees Deed
related
$17,000,000 · Credit Union Liquidity Svcs
Aug 23, 2004
$9,000,000
East Yard Partners LLC
Palm Beach Polo Holdings INC
Warranty Deed
—
—
—
East Yard Partners LLC
—
Loan Modification
related
$60,000,000 · Bank United
—
—
Crp Lmc Prop Co LLC
—
Loan Modification
related
$96,125,000 · Bankunited Fsb
—
—
Crp Lmc Prop Co LLC
—
Deed Of Trust
related
$9,700,000 · Bankunited Fsb
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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