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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Auto shops
1950 7th Ave Dania Beach, FL 33004-2507
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-4081206
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1996
Construction
CONCRETE
Total area
2,800 SF
Lot
4.34 ac (189,012 SF)
Zoning code
IRO
APN
50-42-26-09-0010
UPID
US18-4081206
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
-
Seattle's Best Coffee Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$991k
Blend (final)
Blend
$855k
Owner & transaction history
1950 Ne 7 Ave LLC
1950 Ne 7 Ave LLC
since 2026
2 recorded transactions
Zoning & alternative use
IRO · Dania Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Provides for office, light industrial and research uses which are conducted within a completely enclosed building and have limited impact outside of the building
Zone name
Industrial Research Office
General category
INDUSTRIAL
Zone area
93.45 ac
Source
Realmo
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 Dania Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dania 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
Method
Estimation
Statistic approach
by Request
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$305 / 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
$83,095
Tax year 2023
Assessed value
$3,699,340
Assessed 2023
Previous assessed
$3,590,530
+3.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$2,268,140
Assessed improvement
$1,431,200
Land market value
$2,268,140
Improvement market value
$1,431,200
Total market value
$3,699,340
Applied tax rate
413.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1996
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
2,800 SF
Lot
4.34 ac (189,012 SF)
Zoning code
IRO
APN
50-42-26-09-0010
UPID
US18-4081206
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IRO · Dania Beach, FLZoning IRO · permitted uses
IRO · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Provides for office, light industrial and research uses which are conducted within a completely enclosed building and have limited impact outside of the building
Zone name
Industrial Research Office
General category
INDUSTRIAL
Zone area
93.45 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1996
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
4.34 ac
Current owner
From public records · entity-resolved
1950 Ne 7 Ave LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8501 WILLIAMS RD, ESTERO, FL 33928-3325
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
$12,400,000
1950 Ne 7 Ave LLC
Hertz Corporation
Special Warranty Deed
—
Nov 1, 2017
—
Hertz Corp
—
Grant Deed
related
$1,250,000,000 · 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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