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Property profile & analytics
OFF-MARKET
Estimated value
$3,260,000
Motels
2916 Bayshore Dr Fort Lauderdale, FL 33304-4207
Entity Owned
Free & Clear
Property ID
US18-3267940
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1954
Construction
CONCRETE
Total area
4,073 SF
Lot
0.15 ac (6,366 SF)
Zoning code
IOA
APN
50-42-01-16-0070
UPID
US18-3267940
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
-
Sibi Beach Hotel Hotel & Motel
-
Ashera Cat - The Worlds Official Licensed Ashera Cat & F1 Savannah Cat Breeders Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.26M
Owner & transaction history
Nobleton LLC
Nobleton LLC
since 2025
Last sale
$5.6M
4 recorded transactions
Zoning & alternative use
IOA · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Facility/House of Worship and School CF-S - Community Facility/ School CR - Commercial Recreation District GAA - General Aviation Airport District H-1 - Historic Preservation District I - General Industrial I-1 - County IOA - Intracoastal Overlook Area District M-3 - County MHP - Mobile Home Park NBRA - North Beach Residential Area District NWRAC-MUe - North…
Zone name
Intracoastal Overlook Area District
General category
UNKNOWN
Zone area
56.94 ac
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
Blend value · Realmo final
$3.26M
Range $2.93M – $3.59M · ±10% · vs last sale $5.63M (Jun 26 2025)
Last sale anchor
$5.63M
Jun 26 2025
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
$800 / 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
$41,163
Tax year 2023
Assessed value
$2,066,260
Assessed 2023
Previous assessed
$2,066,260
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$191,430
Assessed improvement
$1,874,830
Land market value
$191,430
Improvement market value
$1,874,830
Total market value
$2,066,260
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
3
Units
10
Total area
4,073 SF
Lot
0.15 ac (6,366 SF)
Zoning code
IOA
APN
50-42-01-16-0070
UPID
US18-3267940
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IOA · Fort Lauderdale, FLZoning IOA · permitted uses
IOA · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Facility/House of Worship and School CF-S - Community Facility/ School CR - Commercial Recreation District GAA - General Aviation Airport District H-1 - Historic Preservation District I - General Industrial I-1 - County IOA - Intracoastal Overlook Area District M-3 - County MHP - Mobile Home Park NBRA - North Beach Residential Area District NWRAC-MUe - North West Regional Activity Center-Mixed Use east NWRAC-MUne - North West Regional Acti
Zone name
Intracoastal Overlook Area District
General category
UNKNOWN
Zone area
56.94 ac
Building & site characteristics
From public records
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
10
Lot
0.15 ac
Current owner
From public records · entity-resolved
Nobleton LLC
Entity
Free & Clear · 0 yrs held
Mailing address
11865 SW 236TH ST, HOMESTEAD, FL 33032-6030
Ownership since
2025
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
Sep 26, 2025
$5,625,000
Nobleton LLC
Ob Ocean LLC
Warranty Deed
—
Apr 26, 2021
$2,375,000
Ob Ocean LLC
Sibi LLC
Warranty Deed
$1,825,000 · Sibi LLC
May 2, 2014
—
Sibi LLC
Burman,eric & Meera
Warranty Deed
—
Feb 4, 2014
$1,350,000
Eric Burman
Grecu,letitia
Warranty Deed
—
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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