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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Retail space
2600 Fed Hwy Lighthouse Point, FL 33064
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5450685
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Construction
CONCRETE
Total area
2,921 SF
Lot
0.23 ac (9,892 SF)
Zoning code
B-3A
APN
48-43-19-16-0020
UPID
US18-5450685
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
$1.09M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Re LLC · 19 yrs held
Re LLC
since 2007
3 recorded transactions
Zoning & alternative use
B-3A · Lighthouse Point, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Special Business Districts
General category
COMMERCIAL
Zone area
100.21 ac
Source
Realmo
Top alternative use upside
Medical building
$1.0M
+17.7%
Office building
$970,000
+11.2%
Warehouse, storage
$900,000
+3.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,090,000
7%
$1,015,000
Alternative Use
Use
Estimation
RETAIL STORES
$870,000
Current use
MEDICAL BUILDING
$1,025,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$970,000
Change: +11% · Conversion: Easy
WAREHOUSE, STORAGE
$900,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$276 / 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
$21,912
Tax year 2023
Assessed value
$1,105,520
Assessed 2023
Previous assessed
$1,105,520
+0.0% YoY
Effective rate
1.98%
On assessed value
Assessed land
$197,840
Assessed improvement
$907,680
Land market value
$197,840
Improvement market value
$907,680
Total market value
$1,105,520
Applied tax rate
1,411.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
2,921 SF
Lot
0.23 ac (9,892 SF)
Zoning code
B-3A
APN
48-43-19-16-0020
UPID
US18-5450685
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3A · Lighthouse Point, FLZoning B-3A · permitted uses
B-3A · Lighthouse Point, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Special Business Districts
General category
COMMERCIAL
Zone area
100.21 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$870,000
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$970,000
WAREHOUSE, STORAGE
Est. value
$900,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
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
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Re LLC
Entity
Free & Clear · 19 yrs held
Mailing address
821 SW PNE TREE LN, PALM CITY, FL 34990-1940
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Jul 18, 2007
$2,010,000
Re LLC
Owner,record
Warranty Deed
related
—
May 19, 2005
$1,000,000
Maxq Motors LLC
Unique Motor Care LLC
Grant Deed
$1,050,000 · Landmark Bank
May 12, 2000
$875,000
Unique Motor Care LLC
Imports Of Lighthouse Point In
Grant Deed
$604,000 · First Union National 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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