Technical
Financial
Distress signals
Property profile

1950 Ocean Dr 5L Hallandale Beach, FL 33009

OFF-MARKET
Investment properties
Property ID
US18-5299822
1,852 SF Built 1971
Individually Owned 24-yr Hold Absentee Owner
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1971
Construction CONCRETE
Total area 1,852 SF
Zoning code RM-25
APN 51-42-26-BH-0050
UPID US18-5299822

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1950 Ocean Dr, Unit 5L Hallandale Beach, FL 33009-5941
Hallandale Beach metro Census 100105 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$490k
Comparable Approach Comparable
$795k
Blend (final) Blend
$390k

Owner & transaction history

since 2002
1 recorded transaction
2002
$143,000

Zoning & alternative use

RM-25 · Hallandale Beach, FL
General category RESIDENTIAL
Top alternative use upside
Office building $1.1M +104.9%
Medical building $650,000 +24.7%
Retail stores $645,000 +24.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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