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Property profile & analytics
FOR LEASE
Office buildings
2307 West Broward Blvd Fort Lauderdale, FL 33312
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-1916702
For Lease
$23,905,000
2307 West Broward Blvd, Fort Lauderdale, FL 33312
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2008
Construction
CONCRETE
Total area
69,986 SF
Lot
0.51 ac (22,177 SF)
Zoning code
B-1
APN
50-42-05-50-0011
UPID
US18-1916702
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
-
Tenet Florida Physician Services Physician
-
Daniel Mock, NP Physician
-
Ana Margarita Tfpsc Broward Inv Physician
-
Isaura Rayo Physician
-
Helen Smg Pine Island Ns Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$33.00M
Comparable Approach
Comparable
$22.81M
Blend (final)
Blend
$23.91M
Owner & transaction history
Rmc Riverbend LLC · 10 yrs held
Rmc Riverbend LLC
since 2016
7 recorded transactions
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$36.3M
+34.6%
Industrial (general)
$32.9M
+22.1%
Medical building
$32.6M
+21.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$35,745,000
6.5%
$32,995,000
7%
$30,635,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$26,940,000
Current use
COMMERCIAL (GENERAL)
$36,250,000
Change: +35% · Conversion: Easy
INDUSTRIAL (GENERAL)
$32,885,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$32,615,000
Change: +21% · Conversion: Easy
RETAIL STORES
$28,525,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$23.91M
Range $21.51M – $26.30M · ±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
$342 / 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
$247,629
Tax year 2023
Assessed value
$11,575,700
Assessed 2023
Previous assessed
$10,938,830
+5.8% YoY
Effective rate
2.14%
On assessed value
Assessed land
$243,950
Assessed improvement
$11,331,750
Land market value
$243,950
Improvement market value
$11,331,750
Total market value
$11,575,700
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2008
Construction
CONCRETE
Heating
NONE
Stories
4
Total area
69,986 SF
Lot
0.51 ac (22,177 SF)
Zoning code
B-1
APN
50-42-05-50-0011
UPID
US18-1916702
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Zoning B-1 · permitted uses
B-1 · 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
OFFICE BUILDING Current
Est. value
$26.9M
COMMERCIAL (GENERAL)
Est. value
$36.3M
INDUSTRIAL (GENERAL)
Est. value
$32.9M
MEDICAL BUILDING
Est. value
$32.6M
RETAIL STORES
Est. value
$28.5M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
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
2008
Construction
CONCRETE
Heating
NONE
Stories
4
Lot
0.51 ac
Current owner
From public records · entity-resolved
Rmc Riverbend LLC
Entity
Mailing address
11780 US HWY 1ST STE #305, NORTH PALM BEACH, FL 33408-3042
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2020
—
Aw Riverbend LLC
—
Deed
related
$7,381,691 · New York Cmnty Bk
Sep 6, 2017
—
Aw Riverbend LLC
—
Deed
related
$7,800,000 · Fieldpoint Pvt Bk & Tr
Aug 2, 2017
—
Aw Riverbend LLC
—
Deed
related
$7,800,000 · Fieldpoint Pvt Bk & Tr
Jun 24, 2016
$3,602,300
Rmc Riverbend LLC
Tnhyif Reiv Lima LLC
Grant Deed
$7,800,000 · Fieldpoint Pvt Bk & Tr
Mar 21, 2014
—
Tnhyif Reiv Lima LLC
Eagle Fl I Spe LLC
Quit Claim Deed
related
—
Apr 20, 2012
$500,100
Tnhyif Reiv Lima LLC
Riverbend Building B Coc
Trustees Deed
—
Sep 26, 2007
$4,349,700
Riverbend Building B LLC
Riverbend Corp Pk Of Fort Lauderd
Grant Deed
$12,570,000 · Wachovia Cmnty Dev Ents V LLC
—
—
Aw Riverbend LLC
—
Loan Modification
related
$7,381,691 · New York Cmnty Bk
—
—
Aw Riverbend LLC
—
Loan Modification
related
$7,800,000 · Fieldpoint Pvt Bk & Tr
—
—
Aw Riverbend LLC
—
Loan Modification
related
$7,800,000 · Fieldpoint Pvt Bk & Tr
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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