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Financial
Distress signals
Property profile

222 E Commercial Blvd Lauderdale by the Sea, FL 33308

FOR LEASE
Retail residential properties
Property ID
US18-1647884
17,234 SF 0.41 ac lot Built 1968
Last sale Jul 2018 · $4,387,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Seagrape Commons is a mixed-use commercial property in Lauderdale-by-the-Seas, located on Commercial Blvd and within a short walk of the Atlantic Ocean. The building provides retail, office, and restaurant spaces and is arranged to include ground-floor and second-floor tenancies, with open floor plans designed to allow for substantial natural light. The site includes ample parking and offers a range of space types, including full-size retail/restaurant and office spaces as well as smaller…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$68k
Tax billed · 2023
Assessed value$3.85M
Assessed land$897k
Assessed improvement$2.95M
Effective rate1.78%

Value estimate

· Oct 2026
$6.74M
$6.07M – $7.41M
CAP approach$4.07M
Submarket $/SF estimate$7.65M
NOI build-up
Gross scheduled income$534k
Vacancy & credit loss−$80k
Operating expenses−$113k
NOI · 850,367.50% cap applied$340k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$424/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$171 – $663
Qualifying comparables22

Cap rate analysis

How does the asset earn?
850,367.50%
$340k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-1
General categoryCOMMERCIAL
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop12.7
Auto Parts Store11.2
Daycare Center11.2

Location

222 E Commercial Blvd Lauderdale by the Sea, FL 33308
County assessor Recorded deeds · 7 transfers 22 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3334 32nd, Fort Lauderdale, FL 33308-7104 $1,300,000 Jun 2025 5,043 SF
2650 57th, Fort Lauderdale, FL 33308-2709 $1,625,000 Jan 2024 5,652 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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