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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Marinas
2491 State Rd 84 Fort Lauderdale, FL 33312-4833
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5930171
Property profile
Verified
Property type
Marinas
Use group
MARINE FACILITY/BOARD REPAIRS
Year built
1966
Construction
STEEL FRAME
Total area
7,560 SF
Lot
9.81 ac (427,225 SF)
Zoning code
C-1
APN
50-42-20-00-0090
UPID
US18-5930171
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
-
Cable Marine West Marina
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.47M
Blend (final)
Blend
$1.95M
Owner & transaction history
Billy B Richardson · 4 yrs held
Billy B Richardson
since 2021
2 recorded transactions
Zoning & alternative use
C-1 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+56.0%
Auto repair, garage
$2.0M
+51.9%
Commercial (general)
$1.8M
+36.9%
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
$1,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MARINE FACILITY/BOARD REPAIRS (SMALL CRAFT, SAILBOAT)
$1,300,000
Current use
OFFICE BUILDING
$2,030,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,975,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,780,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,730,000
Change: +33% · Conversion: Difficult
RESTAURANT
$1,575,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,400,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±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
$257 / 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
$217,372
Tax year 2023
Assessed value
$9,492,900
Assessed 2023
Previous assessed
$9,492,900
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$8,544,500
Assessed improvement
$948,400
Land market value
$8,544,500
Improvement market value
$948,400
Total market value
$9,492,900
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
Marinas
Use group
MARINE FACILITY/BOARD REPAIRS
Status
Off-Market
Year built
1966
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Total area
7,560 SF
Lot
9.81 ac (427,225 SF)
Zoning code
C-1
APN
50-42-20-00-0090
UPID
US18-5930171
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C-1 · Fort Lauderdale, FL
Zoning C-1 · permitted uses
C-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.
Alternative use value scenarios
Repositioning upside vs current use
MARINE FACILITY/BOARD REPAIRS (SMALL CRAFT, SAILBOAT) Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RESTAURANT
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.4M
MARINE FACILITY/BOARD REPAIRS (SMALL CRAFT, SAILBOAT) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1966
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
9.81 ac
Current owner
From public records · entity-resolved
Billy B Richardson
Individual
Free & Clear · 4 yrs held
Mailing address
7205 NICHOLS RD, NICHOLS HILLS, OK 73120-1223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2021
—
Billy B Richardson
Billy B Richardson
Intrafamily Transfer
related
—
—
—
Bill Richardson
—
Deed Of Trust
related
$4,962,077 · Suntrust Bank NA
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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