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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Turn key restaurants
1832 Ocean Dr Hallandale Beach, FL 33009-7690
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US18-1026452
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Construction
CONCRETE
Total area
9,809 SF
Lot
0.12 ac (5,080 SF)
Zoning code
RM-25
APN
51-42-26-01-0204
UPID
US18-1026452
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
United Restaurants LLC · 17 yrs held
United Restaurants LLC
since 2009
7 recorded transactions
Zoning & alternative use
RM-25 · Hallandale Beach, 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 Hallandale Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hallandale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$64 / 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
$52,443
Tax year 2023
Assessed value
$2,243,280
Assessed 2023
Previous assessed
$2,243,280
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$10
Assessed improvement
$2,243,270
Land market value
$10
Improvement market value
$2,243,270
Total market value
$2,243,280
Applied tax rate
2,513.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
9,809 SF
Lot
0.12 ac (5,080 SF)
Zoning code
RM-25
APN
51-42-26-01-0204
UPID
US18-1026452
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RM-25 · Hallandale Beach, FL
Zoning RM-25 · permitted uses
RM-25 · Hallandale Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hallandale Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
United Restaurants LLC
Entity
Mailing address
1830 S OCEAN DR APT #902, HALLANDALE BEACH, FL 33009-7691
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2022
—
Zone Plus Corp
—
Deed
related
$1,500,000 · Axos Bank
Sep 1, 2020
—
Zone & Corp
—
Deed
related
$225,000 · Andrei Colston
Jul 19, 2019
—
Zone & Corp
—
Deed Of Trust
related
$225,000 · Andrei Colston
Feb 13, 2009
$1,400,000
United Restaurants LLC
Trg-hallandale Beach Ltd
Grant Deed
—
Feb 9, 2009
—
United Restaurants LLC
Owner,record
Quit Claim Deed
related
—
—
—
United Restaurants LLC
—
Deed Of Trust
related
$375,000 · Yale Mortgage Funding LLC
—
—
Zone & Corp
—
Deed Of Trust
related
$1,575,000 · Other Institutional Lenders
—
—
Zone & Corp
—
Loan Modification
related
$225,000 · Andrei Colston
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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