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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Parking lots & garages
2939 Banyan St Fort Lauderdale, FL 33316
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-7421699
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1995
Total area
627 SF
Lot
0.14 ac (6,103 SF)
Zoning code
PRD
APN
50-42-12-01-0531
UPID
US18-7421699
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
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$381k
Blend (final)
Blend
$650k
Owner & transaction history
El-ad Fl Beach LLC · 20 yrs held
El-ad Fl Beach LLC
since 2005
4 recorded transactions
Zoning & alternative use
PRD · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
e northeast NWRAC-MUw - North West Regional Activity Center-Mixed Use west P - Parks Recreation and Open Space PCC - Planned Commerce Center PDD - Planned Development District PEDD - Port Everglades Development District PRD - Planned Resort Development District PUD - Planned Unit Development R-1-C - County R-2 - County R-4 - County RAC-AS - Arts and Sciences…
Zone name
Planned Resort Development District
General category
UNKNOWN
Zone area
53.26 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
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$1,037 / 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
$14,395
Tax year 2023
Assessed value
$714,050
Assessed 2023
Previous assessed
$714,050
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$701,850
Assessed improvement
$12,200
Land market value
$701,850
Improvement market value
$12,200
Total market value
$714,050
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1995
Heating
NONE
Total area
627 SF
Lot
0.14 ac (6,103 SF)
Zoning code
PRD
APN
50-42-12-01-0531
UPID
US18-7421699
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PRD · Fort Lauderdale, FLZoning PRD · permitted uses
PRD · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
e northeast NWRAC-MUw - North West Regional Activity Center-Mixed Use west P - Parks Recreation and Open Space PCC - Planned Commerce Center PDD - Planned Development District PEDD - Port Everglades Development District PRD - Planned Resort Development District PUD - Planned Unit Development R-1-C - County R-2 - County R-4 - County RAC-AS - Arts and Sciences Districts RAC-CC - City Center District RAC-EMU - Regional Activity Center - East
Zone name
Planned Resort Development District
General category
UNKNOWN
Zone area
53.26 ac
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
El-ad Fl Beach LLC
Entity
Mailing address
229 S FT LAUDERDALE BCH BLVD, FORT LAUDERDALE, FL 33316-1507
Ownership since
2005
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
Nov 22, 2011
—
El-ad Fl Beach LLC
—
Deed Of Trust
related
$12,000,000 · Bank Of America
Oct 21, 2005
$54,300,000
El-ad Fl Beach LLC
Swiss Beach Holdings INC
Grant Deed
$26,250,000 · Bank Of America
Oct 11, 2005
—
Swiss Beach Holdings INC
Toomey,edward & Shirley
Quit Claim Deed
related
—
—
—
El-ad Fl Beach LLC
—
Deed Of Trust
related
$16,000,000 · Bank Of America
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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