Property profile

2251 29th Ct Oakland Park, FL 33311

OFF-MARKET
Assisted living facilities
Property ID
US19-0496454
12,357 SF 1.39 ac lot Built 1960
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1960
Construction CONCRETE
Total area 12,357 SF
Lot 1.39 ac (60,474 SF)
Zoning code RM-16
APN 49-42-29-39-0010
UPID US19-0496454

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

2251 29th Ct Oakland Park, FL 33311-2147
Oakland Park metro Census 50800 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
by Request
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$2.15M

Owner & transaction history

since 2005
7 recorded transactions
2020
Price N/A
2015
Price N/A
2005
$3.7M
2005
Price N/A
2005
Price N/A
1998
$685,000
1969
Price N/A

Zoning & alternative use

RM-16 · Oakland Park, FL
Zoning description

RM-16 zoning is established for low density multifamily dwelling units at a density not to exceed 16 dwelling units per gross acre.

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $3.3M +15.2%
Retail stores $3.1M +8.1%

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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