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Property profile & analytics
OFF-MARKET
Retail residential properties
2600 Ocean Blvd Pompano Beach, FL 33062-2943
Entity Owned
5-yr Hold
Property ID
US18-4026008
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1961
Construction
CONCRETE
Total area
3,516 SF
Lot
0.31 ac (13,371 SF)
Zoning code
B-2
APN
48-43-29-05-0220
UPID
US18-4026008
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
-
MoneyGram Bank Credit Union
-
MACDONALDS POMPANO Grocery & Convenience Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bashar & Belal Spring LLC · 5 yrs held
Bashar & Belal Spring LLC
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
B-2 · Pompano Beach, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,843
Tax year 2023
Assessed value
$690,320
Assessed 2023
Previous assessed
$690,320
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$402,070
Assessed improvement
$288,250
Land market value
$402,070
Improvement market value
$288,250
Total market value
$690,320
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1961
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
2
Total area
3,516 SF
Lot
0.31 ac (13,371 SF)
Zoning code
B-2
APN
48-43-29-05-0220
UPID
US18-4026008
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Pompano Beach, FL
Zoning B-2 · permitted uses
B-2 · 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.
Building & site characteristics
From public records
Year built
1961
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Lot
0.31 ac
Current owner
From public records · entity-resolved
Bashar & Belal Spring LLC
Entity
Mailing address
201 SE 24TH AVE, POMPANO BEACH, FL 33062-5307
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2020
$1,545,000
Bashar & Belal Spring LLC
3401 Spring Street LLC
Warranty Deed
$1,158,750 · Surety Bk
May 9, 2008
$1,350,000
Hillsboro Plaza LLC
Chaplin,bonnie A
Warranty Deed
—
May 16, 2005
—
3401 Spring Street LLC
Hammond,marie A
Quit Claim Deed
related
—
Aug 18, 2004
$31,300
Bonnie A Chaplin
Scism,john D & Bonnie C
Quit Claim Deed
related
—
—
—
John D Scism
—
Loan Modification
related
$100,000 · Regent Bank
—
—
Bonnie A Chaplin
—
Loan Modification
related
$100,000 · Regent Bank
—
—
Hillsboro Plaza LLC
—
Deed Of Trust
related
$1,080,000 · Bankatlantic Fsb
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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