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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Banks
199 University Dr Pembroke Pines, FL 33024-6713
Individually Owned
14-yr Hold
Free & Clear
Property ID
US18-0254263
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1991
Construction
CONCRETE
Total area
4,900 SF
Lot
1.03 ac (44,799 SF)
Zoning code
(B-3)
APN
51-41-15-05-0032
UPID
US18-0254263
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$607k
Blend (final)
Blend
$610k
Owner & transaction history
Fifth Third Bk · 14 yrs held
Fifth Third Bk
since 2012
4 recorded transactions
Zoning & alternative use
(B-3) · Pembroke Pines, 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 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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$124 / 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
$46,620
Tax year 2023
Assessed value
$2,286,980
Assessed 2023
Previous assessed
$2,286,980
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$671,990
Assessed improvement
$1,614,990
Land market value
$671,990
Improvement market value
$1,614,990
Total market value
$2,286,980
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1991
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
4,900 SF
Lot
1.03 ac (44,799 SF)
Zoning code
(B-3)
APN
51-41-15-05-0032
UPID
US18-0254263
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
(B-3) · Pembroke Pines, FL
Zoning (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
Pembroke Pines. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Fifth Third Bk
Individual
Free & Clear · 14 yrs held
Mailing address
38 FOUNTAIN SQ PLZ10ATA1, CINCINNATI, OH 45202-3102
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2012
—
Fifth Third Bk
First States Invtrs Db I Sp LP
Quit Claim Deed
related
—
Apr 25, 2012
$5,000,000
Fifth Third Bk
First States Invtrs Db I Sp LP
Grant Deed
—
Apr 16, 2008
—
St Investors Db I Sp First
First St Investors 3635 LLC
Quit Claim Deed
$100,000,000 · Deutsche Bank Ag Cayman Iss Br
Dec 22, 2006
$2,248,000
First States Invtrs 3635 LLC
Wachovia Bank NA
Grant Deed
—
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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