300-320 2nd St Fort Lauderdale, FL 33312
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Estimated value (blended)
$4.51M
Range $4.06M – $4.96M (±10%)
Property ID
US18-2372888
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1965
Construction
CONCRETE
Total area
14,281 SF
Lot
0.5 ac (21,750 SF)
Zoning code
H-1
APN
50-42-10-01-2730
UPID
US18-2372888
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.37M
Comparable Approach
Comparable
$4.30M
Blend (final)
Blend
$4.51M
Owner & transaction history
Zoning & alternative use
H-1 · Fort Lauderdale, FL
Zoning description
Himmarshee (H-1) Historic District Architectural Resource Surveys Frequently Asked Questions (FAQ) Contact Urban Design and Planning In This Section DSD Appointment Scheduling DSD Contact Information DSD Documents & Form…
General category
SPECIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.51M
Value range
$4.06M – $4.96M
±10% around blend
Estimated value / SF
$316 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
60
$4.06M
blend $4.51M
$4.96M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,281 SF
Lot area
0.5 ac
Year built
1965
Stories
2
APN
50-42-10-01-2730
Assessed value
$2,882,870
Annual tax
$64,077
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.37M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.65M
@ 6.5% CAP return
$3.37M
@ 7% CAP return
$3.13M
4
Sales comparison
Partial preview
Sales approach indication
$2.21M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.6 mi away · 14,430 SF
8.3 mi away · 15,372 SF
18.2 mi away · 13,686 SF
23.8 mi away · 14,700 SF
24.5 mi away · 15,070 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 236 sales
$518
-39%
County 497 sales
$485
-35%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $316/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.88M
Move the market yield to see immediate price impact.
Value / SF
$202
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$182k
$3.63M
$2.59M
$2.02M
$202k
$4.04M
$2.88M
$2.24M
$222k
$4.44M
$3.17M
$2.47M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$3.90M
5.3 mi · Feb 2026 · $336/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$64,077
Tax year 2023
Assessed value
$2,882,870
Assessed 2023
Previous assessed
$2,882,870
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$978,750
Assessed improvement
$1,904,120
Land market value
$978,750
Improvement market value
$1,904,120
Total market value
$2,882,870
Applied tax rate
9,312.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1965
Construction
CONCRETE
Heating
NONE
Stories
2
Bathrooms
3
Total area
14,281 SF
Lot
0.5 ac (21,750 SF)
Zoning code
H-1
APN
50-42-10-01-2730
UPID
US18-2372888
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
H-1 · Fort Lauderdale, FLZoning H-1 · permitted uses
H-1 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Himmarshee (H-1) Historic District Architectural Resource Surveys Frequently Asked Questions (FAQ) Contact Urban Design and Planning In This Section DSD Appointment Scheduling DSD Contact Information DSD Documents & Form…
General category
SPECIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
CONCRETE
Heating
NONE
Stories
2
Bathrooms
3
Lot
0.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
H-1
SPECIAL
Jurisdiction
Fort Lauderdale, FL
Recorded code
H-1
Official district
H-1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for H-1 in Fort Lauderdale, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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