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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Medical Office Space
200 12th St Fort Lauderdale, FL 33316-1816
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US18-1025786
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1954
Construction
CONCRETE
Total area
1,755 SF
Lot
0.16 ac (6,844 SF)
Zoning code
RO
APN
50-42-15-10-0550
UPID
US18-1025786
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
-
Ft lauderdale chiropractic center Alternative Medicine Practice
-
Wayne W. White, DC Alternative Medicine Practice
-
Fort Lauderdale Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
$365k
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$565k
Owner & transaction history
White Enterprises Of Fort Laud · 25 yrs held
White Enterprises Of Fort Laud
since 2000
2 recorded transactions
Zoning & alternative use
RO · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$920,000
+12.7%
Commercial (general)
$910,000
+11.2%
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 Fort Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lauderdale 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
$440,000
CAP Approach
CAP Return
Estimation
6%
$395,000
6.5%
$365,000
7%
$340,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$820,000
Current use
OFFICE BUILDING
$920,000
Change: +13% · Conversion: Easy
COMMERCIAL (GENERAL)
$910,000
Change: +11% · Conversion: Easy
WAREHOUSE, STORAGE
$785,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$665,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$322 / 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
$10,120
Tax year 2023
Assessed value
$518,160
Assessed 2023
Previous assessed
$518,160
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$123,190
Assessed improvement
$394,970
Land market value
$123,190
Improvement market value
$394,970
Total market value
$518,160
Applied tax rate
312.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,755 SF
Lot
0.16 ac (6,844 SF)
Zoning code
RO
APN
50-42-15-10-0550
UPID
US18-1025786
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RO · Fort Lauderdale, FL
Zoning RO · permitted uses
RO · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$820,000
OFFICE BUILDING
Est. value
$920,000
COMMERCIAL (GENERAL)
Est. value
$910,000
WAREHOUSE, STORAGE
Est. value
$785,000
RETAIL STORES
Est. value
$665,000
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
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
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
White Enterprises Of Fort Laud
Entity
Mailing address
200 SE 12TH ST, FORT LAUDERDALE, FL 33316-1816
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
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
Aug 2, 2000
$270,000
White Enterprises Of Fort Laud
Carroll,norman B & Joan M
Grant Deed
$250,000 · Carroll Trust
—
—
White Ents Of Ft Lauderdale INC
—
Loan Modification
related
$111,404 · Space Coast Cu
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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