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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Amusement parks
2470 21st St Fort Lauderdale, FL 33312-4507
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5346051
Property profile
Verified
Property type
Amusement parks
Use group
AMUSEMENT PARK
Year built
1953
Construction
CONCRETE
Total area
7,195 SF
Lot
2.38 ac (103,882 SF)
Zoning code
RS-3.52
APN
50-42-17-01-0372
UPID
US18-5346051
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
$1.48M
Owner & transaction history
Jungle Queens INC · 2 yrs held
Jungle Queens INC
since 2024
4 recorded transactions
Zoning & alternative use
RS-3.52 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote One-family detached dwelling districts uses
Zone name
Irregular Residential
General category
RESIDENTIAL
Zone area
164.90 ac
Source
Realmo
Top alternative use upside
Office building
$1.9M
+11.2%
Auto repair, garage
$1.9M
+8.2%
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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,735,000
Current use
OFFICE BUILDING
$1,930,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,880,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,695,000
Change: -2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,650,000
Change: -5% · Conversion: Difficult
RESTAURANT
$1,500,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±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
$206 / 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
$47,662
Tax year 2023
Assessed value
$2,038,320
Assessed 2023
Previous assessed
$2,038,320
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$1,558,230
Assessed improvement
$480,090
Land market value
$1,558,230
Improvement market value
$480,090
Total market value
$2,038,320
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
Amusement parks
Use group
AMUSEMENT PARK
Status
Off-Market
Year built
1953
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
7,195 SF
Lot
2.38 ac (103,882 SF)
Zoning code
RS-3.52
APN
50-42-17-01-0372
UPID
US18-5346051
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RS-3.52 · Fort Lauderdale, FLZoning RS-3.52 · permitted uses
RS-3.52 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote One-family detached dwelling districts uses
Zone name
Irregular Residential
General category
RESIDENTIAL
Zone area
164.90 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RESTAURANT
Est. value
$1.5M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1953
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
2.38 ac
Current owner
From public records · entity-resolved
Jungle Queens INC
Entity
Free & Clear · 2 yrs held
Mailing address
2470 SW 21ST ST, FORT LAUDERDALE, FL 33312-4507
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2024
—
Jungle Queens INC
Jordan Sangerman
Warranty Deed
—
Dec 28, 2018
—
Jungle Queens INC
—
Deed
related
$1,250,000 · First Nat'l Bk Coastal Cmnty
—
—
Jungle Queens INC
—
Deed Of Trust
related
$600,000 · Jerome C Faber
—
—
Jungle Queens INC
—
Deed Of Trust
related
$760,000 · Jerome C Faber
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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