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Property profile & analytics
OFF-MARKET
Estimated value
$1,985,000
Office buildings
1753 Flamingo Rd 1771 Pembroke Pines, FL 33028-1000
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-1780590
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1983
Construction
CONCRETE
Total area
6,647 SF
Lot
0.78 ac (34,115 SF)
Zoning code
(B-3)
APN
51-40-12-01-0015
UPID
US18-1780590
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.11M
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.99M
Owner & transaction history
Family Flamingo 12320 LLC · 9 yrs held
Family Flamingo 12320 LLC
since 2016
7 recorded transactions
Zoning & alternative use
(B-3) · Pembroke Pines, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
LDC Final Adopted 2 11 2026
Top alternative use upside
Commercial (general)
$3.1M
+2.4%
Industrial (general)
$3.1M
+1.1%
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 Pembroke Pines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pembroke Pines 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,280,000
6.5%
$2,105,000
7%
$1,955,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,020,000
Current use
COMMERCIAL (GENERAL)
$3,095,000
Change: +2% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,055,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.99M
Range $1.79M – $2.18M · ±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
$299 / 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
$35,983
Tax year 2023
Assessed value
$1,572,140
Assessed 2023
Previous assessed
$1,428,150
+10.1% YoY
Effective rate
2.29%
On assessed value
Assessed land
$307,040
Assessed improvement
$1,265,100
Land market value
$307,040
Improvement market value
$1,265,100
Total market value
$1,572,140
Applied tax rate
2,613.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Total area
6,647 SF
Lot
0.78 ac (34,115 SF)
Zoning code
(B-3)
APN
51-40-12-01-0015
UPID
US18-1780590
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
(B-3) · Pembroke Pines, FLZoning (B-3) · permitted uses
(B-3) · Pembroke Pines, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
LDC Final Adopted 2 11 2026
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Family Flamingo 12320 LLC
Entity
Mailing address
1776 W 38TH PL, HIALEAH, FL 33012-7072
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2019
—
Family Flamingo 12320 LLC
—
Deed
related
$2,315,000 · Wells Fargo Bk
Dec 19, 2016
$1,755,000
Family Flamingo 12320 LLC
12320 Nw 18 Street LLC
Warranty Deed
related
$2,400,000 · Ocean Bk
Nov 20, 2015
$1,100,000
12320 Nw 18 Street LLC
Cbb Oreo LLC
Warranty Deed
$770,000 · Stonegate Bk
Dec 15, 2010
$1,008,600
Cbb Oreo LLC
Meikle,roderick D
Warranty Deed
—
Dec 17, 2003
$1,200,000
Roderick D Meikle
Pembroke Associates Ltd
Grant Deed
$840,000 · Interbay Funding LLC
—
—
Roderick D Meikle
—
Deed Of Trust
related
$1,000,000 · Community Bank Of Broward
—
—
Family Flamingo 12320 LLC
—
Deed Of Trust
related
$2,315,000 · Wells Fargo 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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