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Property profile & analytics
OFF-MARKET
Estimated value
$4,445,000
Office buildings
2425 50th St Lighthouse Point, FL 33064-7035
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0799912
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1971
Construction
CONCRETE
Total area
23,339 SF
Lot
0.44 ac (19,366 SF)
Zoning code
CB
APN
49-42-13-07-0030
UPID
US19-0799912
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
$4.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.12M
Blend (final)
Blend
$4.45M
Owner & transaction history
W & A E Commercial Blvd LLC · 6 yrs held
W & A E Commercial Blvd LLC
since 2020
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
CB · Lighthouse Point, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lighthouse Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lighthouse Point 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
$4,755,000
ML approach
$4,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,210,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$4.45M
Range $4.00M – $4.89M · ±10% · vs last sale $2.95M (Feb 3 2020)
Last sale anchor
$2.95M
Feb 3 2020
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
$190 / 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
$66,442
Tax year 2023
Assessed value
$2,833,890
Assessed 2023
Previous assessed
$2,833,890
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$354,140
Assessed improvement
$2,479,750
Land market value
$354,140
Improvement market value
$2,479,750
Total market value
$2,833,890
Applied tax rate
311.0000
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
Off-Market
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
4
Total area
23,339 SF
Lot
0.44 ac (19,366 SF)
Zoning code
CB
APN
49-42-13-07-0030
UPID
US19-0799912
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CB · Lighthouse Point, FL
Zoning CB · permitted uses
CB · Lighthouse Point, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lighthouse Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$7.2M
WAREHOUSE, STORAGE
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
1971
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Lot
0.44 ac
Current owner
From public records · entity-resolved
W & A E Commercial Blvd LLC
Entity
Mailing address
2880 NE 26TH PL, FORT LAUDERDALE, FL 33306-1909
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2020
$2,950,000
W & A E Commercial Blvd LLC
Acs Commercial LLC
Warranty Deed
$2,250,000 · Bank Of America
Sep 21, 2016
$2,300,000
Acs Commercial LLC
3kas Partners LLC
Grant Deed
$1,500,000 · Centerstate Bk/fl
Dec 30, 2010
$1,450,000
3kas Partners LLC
2425 East Commercial Blvd LLC
Warranty Deed
$2,000,000 · The Northern Trust Co
Jul 17, 2007
$5,000,000
2425 East Commercial Blvd LLC
2425 East Commercial LLC
Warranty Deed
—
May 31, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Oct 19, 2004
$1,800,000
2425 E Commercial LLC
T N Prop INC
Warranty Deed
$1,350,000 · Intervest Mortgage Co LLC
—
—
3kas Partners LLC
—
Deed Of Trust
related
$918,000 · Northern Trust Co
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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