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Property profile & analytics
FOR LEASE
Office buildings
2451 E Atlantic Blvd Pompano Beach, FL 33062
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-2760642
For Lease
1 / 5
$1,960,000
2451 E Atlantic Blvd, Pompano Beach, FL 33062
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1957
Construction
CONCRETE
Total area
4,683 SF
Lot
0.16 ac (6,905 SF)
Zoning code
TO-EOD
APN
48-42-36-01-2280
UPID
US18-2760642
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
-
Martelle International Furniture & Home Goods Home Decor Store
-
Adventure Travels Travel Agency Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.31M
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$1.96M
Owner & transaction history
G&c Platinum 2451 Investors LLC · 1 yrs held
G&c Platinum 2451 Investors LLC
since 2025
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
TO-EOD · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.1M
+64.2%
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 Pompano Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pompano Beach 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
$2,150,000
ML approach
$2,310,000
CAP Approach
CAP Return
Estimation
6%
$1,645,000
6.5%
$1,515,000
7%
$1,410,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,865,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,060,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$1,645,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.96M
Range $1.76M – $2.16M · ±10% · vs last sale $1.76M (Feb 3 2025)
Last sale anchor
$1.76M
Feb 3 2025
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
$419 / 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
$20,919
Tax year 2023
Assessed value
$1,012,280
Assessed 2023
Previous assessed
$1,012,280
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$110,480
Assessed improvement
$901,800
Land market value
$110,480
Improvement market value
$901,800
Total market value
$1,012,280
Applied tax rate
1,511.0000
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
For Lease
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
4,683 SF
Lot
0.16 ac (6,905 SF)
Zoning code
TO-EOD
APN
48-42-36-01-2280
UPID
US18-2760642
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TO-EOD · Pompano Beach, FL
Zoning TO-EOD · permitted uses
TO-EOD · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pompano Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1957
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
G&c Platinum 2451 Investors LLC
Entity
Mailing address
1 GREENWAY PLZ STE #800, HOUSTON, TX 77046-0198
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2025
$1,760,000
G&c Platinum 2451 Investors LLC
2451 East Atlantic Boulevard LLC
Warranty Deed
$900,000 · East Atlantic Boulevard LLC
Feb 24, 2016
—
2451 East Atlantic Boulevard L
Cooper,william F
Grant Deed
related
—
Feb 4, 2016
$625,000
2451 East Atlantic Boulevard L
Cooper,william F
Warranty Deed
—
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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