Property profile

233 Commercial Blvd Lauderdale By The Sea, FL 33308

OFF-MARKET
Retail residential properties
Property ID
US18-4162334
5,090 SF 0.09 ac lot Built 1964
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1964
Construction CONCRETE
Total area 5,090 SF
Lot 0.09 ac (4,000 SF)
Zoning code B-1
APN 49-43-18-07-0420
UPID US18-4162334

Cap rate & NOI

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

Location

233 Commercial Blvd Lauderdale By The Sea, FL 33308-4441
Lauderdale By The Sea metro Census 40102 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.20M
Comparable Approach Comparable
$1.93M
Blend (final) Blend
$1.76M

Owner & transaction history

since 2019
2 recorded transactions
2019
$1.1M
2011
$425,000

Zoning & alternative use

B-1 · Lauderdale By The Sea, FL
General category COMMERCIAL
Top alternative use upside
Office building $2.9M +35.6%
Industrial (general) $2.4M +11.0%
Medical building $2.4M +10.0%

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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