Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1696 Palm Ave Pembroke Pines, FL 33025-5587

    • Gas stations
    • 3,000 SF
    • 2.17 lot acres
    OFF-MARKET
    Value Estimations
    $975,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3971089
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 1696 Palm Ave

    Year built
    2003
    Construction
    CONCRETE
    Lot size
    2.17 lot acres
    Property size
    3,000 SF
    Zone code
    (PUD)
    Property type
    Gas stations
    APN
    51-41-19-04-0021
    APU
    514119040021

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $735,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,211,000
      Market price range: $561k - $1.48M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke Pines
    County
    Broward
    State
    Florida
    Longitude
    -80.2803
    Latitude
    25.9952
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $63,805
    $1,893,980
    $1,347,440
    $3,241,420
    -
    $1,893,980
    $1,347,440
    $3,241,420

    Comparable in this City

    • Value Estimation
      $620,000
      2,465 SF

      3100 University Dr

      SERVICE STATION (FULL SERVICE) • 2,465 SF
      3100 University Dr, Miramar, FL 33025-3000
      View Details
    • Value Estimation
      $650,000
      2,449 SF

      1720 University Dr

      SERVICE STATION WITH FOOD MART • 2,449 SF
      1720 University Dr, Miramar, FL 33025-2232
      View Details
    • Value Estimation
      $890,000
      3,698 SF

      8881 Pembroke Rd

      SERVICE STATION WITH FOOD MART • 3,698 SF
      8881 Pembroke Rd, Pembroke Pines, FL 33025-2094
      View Details
    • Value Estimation
      $990,000
      3,072 SF

      11150 Pembroke Rd

      SERVICE STATION WITH FOOD MART • 3,072 SF
      11150 Pembroke Rd, Miramar, FL 33025-1701
      View Details
    • Value Estimation
      $1,160,000
      6,653 SF

      1600 Hiatus Rd

      SERVICE STATION WITH FOOD MART • 6,653 SF
      1600 Hiatus Rd, Pembroke Pines, FL 33025-3567
      View Details
    • Value Estimation
      $8,220,000
      6,325 SF

      1700 Douglas Rd

      SERVICE STATION WITH FOOD MART • 6,325 SF
      1700 Douglas Rd, Miramar, FL 33025-2023
      View Details

    Similar Nearby for Sale

    • $375,000
      649 SF

      Retail Space in Mirabella Plaza

      Retail space in busy shopping center anchored by McDonald's.
      2195 SW 101St Ave, Miramar, FL 33025
      View Details
    • $475,000
      1,163 SF

      Miramar Mixed-Use Retail Space

      Corner unit with lease to hair salon in Mirabella Plaza.
      2101 SW 101St Ave, Miramar, FL 33025
      View Details
    • $5,100,000

      Freestanding Retail Building in Miramar

      14,560 SF retail building on 1.77 acres for sale.
      2499 SW 101St Ave, Miramar, FL 33025
      View Details
    • $80,000
      800 SF

      Established Beauty Salon Opportunity

      Move-in ready beauty salon with private rooms and excellent parking.
      2201 Palm Ave, Miramar, FL 33025
      View Details
    • $450,000

      Miramar Retail Space For Sale

      Retail space in a modern plaza, ideal for owner use.
      2301 Palm Ave, Miramar, FL 33025
      View Details
    • Contact for pricing
      3,531 SF

      Heartland Dental Retail Space

      Retail space leased to Heartland Dental in Miramar, Florida.
      17011 Miramar Pkwy, Miramar, FL 33025
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,873 SF

      Miramar Parkway Office Space For Lease

      Prime Miramar Office, 2873 SF, High Visibility
      10500 Miramar Pkwy, Miramar, FL 33025
      View Details
    • Contact for pricing
      36,025 SF

      Miramar Town Center Retail Space

      Retail space in a lifestyle center with high visibility.
      11606 City Hall Promenade, Miramar, FL 33025
      View Details
    • Contact for pricing
      975 SF

      Miramar Retail Space Available

      Retail space available for lease in Miramar, Florida.
      10910-11020 Pembroke Rd, Miramar, FL 33025
      View Details
    • Contact for pricing
      6,534 SF

      Miramar Retail Space For Lease

      Retail space available in Miramar, anchored by Sprouts and Kohl's.
      12200 Miramar Pkwy, Miramar, FL 33025
      View Details
    • Contact for pricing
      325,000 SF

      Miramar Parkway Retail Center

      Prime Miramar location, 325,000 SF available.
      0 Nec Of Miramar Pkwy & Red Rd, Miramar, FL 33025
      View Details
    • Contact for pricing
      231,709 SF

      Miramar Square: Prime Retail/Industrial Space

      Versatile Warehouse/Retail Units Available in Miramar, FL
      12100 Miramar Pkwy, Miramar, FL 33025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1696 Palm Ave
    Pembroke Pines, FL 33025-5587
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!