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Property profile & analytics
OFF-MARKET
Office buildings
2411 58th Way West Park, FL 33023-4047
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-5093345
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Construction
WOOD FRAME
Total area
1,532 SF
Lot
0.1 ac (4,401 SF)
Zoning code
TOC
APN
51-41-24-03-2150
UPID
US18-5093345
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Plumber Mikes INC · 15 yrs held
Plumber Mikes INC
since 2010
5 recorded transactions
Zoning & alternative use
TOC · West Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Transit Oriented Corridor
General category
UNKNOWN
Zone area
141.18 ac
Source
Realmo
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 West Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Park 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,903
Tax year 2023
Assessed value
$237,340
Assessed 2023
Previous assessed
$200,240
+18.5% YoY
Effective rate
2.07%
On assessed value
Assessed land
$30,810
Assessed improvement
$206,530
Land market value
$30,810
Improvement market value
$206,530
Total market value
$237,340
Applied tax rate
3,513.0000
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
Status
Off-Market
Year built
1954
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
1,532 SF
Lot
0.1 ac (4,401 SF)
Zoning code
TOC
APN
51-41-24-03-2150
UPID
US18-5093345
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TOC · West Park, FLZoning TOC · permitted uses
TOC · West Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Transit Oriented Corridor
General category
UNKNOWN
Zone area
141.18 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1954
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Plumber Mikes INC
Entity
Mailing address
1425 NE 57TH PL, FORT LAUDERDALE, FL 33334-6119
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2024
—
Restore Construction Services INC
—
Deed
related
$1,600,000 · Inb National Association
Jun 3, 2016
—
Restore Construction Services INC
—
Deed
related
$500,000 · Banco Popular North America
Nov 9, 2010
$250,000
Plumber Mikes INC
Moremi Investments INC
Warranty Deed
$40,000 · Moremi Investments INC
Aug 29, 2000
$145,000
Moremi Investments INC
Jarrell,john & Audrey
Grant Deed
$530,400 · Transamerica Small Busines Cap
—
—
2411 Associates LLC
—
Deed Of Trust
related
$375,453 · Regions Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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