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Property profile & analytics
OFF-MARKET
Estimated value
$5,285,000
Retail residential properties
2465 Sunrise Blvd 2485, Fort Lauderdale, FL 33304-3126
Entity Owned
19-yr Hold
Property ID
US18-4519664
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1962
Construction
CONCRETE
Total area
24,422 SF
Lot
0.71 ac (31,120 SF)
Zoning code
B-1
APN
49-42-36-12-0011
UPID
US18-4519664
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
$5.77M
Comparable Approach
Comparable
$4.23M
Blend (final)
Blend
$5.29M
Owner & transaction history
Kar Luen INC · 19 yrs held
Kar Luen INC
since 2006
6 recorded transactions
Zoning & alternative use
B-1 · Fort Lauderdale, 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 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%
$6,245,000
6.5%
$5,765,000
7%
$5,355,000
Blend value · Realmo final
$5.29M
Range $4.76M – $5.81M · ±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
$216 / 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
$76,229
Tax year 2023
Assessed value
$3,368,290
Assessed 2023
Previous assessed
$3,940,010
-14.5% YoY
Effective rate
2.26%
On assessed value
Assessed land
$746,880
Assessed improvement
$2,621,410
Land market value
$746,880
Improvement market value
$2,621,410
Total market value
$3,368,290
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1962
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Total area
24,422 SF
Lot
0.71 ac (31,120 SF)
Zoning code
B-1
APN
49-42-36-12-0011
UPID
US18-4519664
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.
Building & site characteristics
From public records
Year built
1962
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Kar Luen INC
Entity
Mailing address
PO BOX 7007, FORT LAUDERDALE, FL 33338-7007
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2006
—
Kar Luen INC
Lam Shiu H Trust
Quit Claim Deed
related
—
Nov 15, 2005
—
Lam Shiu H Trust
Kar Luen INC
Quit Claim Deed
related
—
Oct 2, 2000
$128,000
Debbie Q Hoffman
Josephson,george & Donna
Grant Deed
$102,400 · Mortgage Professionals
Jun 20, 1999
$107,000
George Josephson
Regency Club
Grant Deed
$96,300 · Phh Us Mortgage
—
—
Debbie Q Hoffman
—
Deed Of Trust
related
$27,500 · Bankatlantic Fsb
—
—
Kar Luen INC
—
Deed Of Trust
related
$374,042 · Landmark 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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