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Property profile & analytics
OFF-MARKET
Estimated value
$11,900,000
Parking lots & garages
301 21st Ave, Deerfield Beach, FL 33441
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-2655462
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1979
Total area
1,000 SF
Lot
0.96 ac (41,679 SF)
Zoning code
B-1
APN
48-43-05-02-0400
UPID
US18-2655462
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
$12.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.90M
Owner & transaction history
Sandcastle 1 LLC · 5 yrs held
Sandcastle 1 LLC
since 2021
Last sale
$11.0M
7 recorded transactions
Zoning & alternative use
B-1 · Deerfield 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 Deerfield Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deerfield 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
Method
Estimation
Statistic approach
$13,250,000
ML approach
$12,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.90M
Range $10.71M – $13.09M · ±10% · vs last sale $11.00M (Mar 24 2021)
Last sale anchor
$11.00M
Mar 24 2021
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
$11,900 / 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
$57,622
Tax year 2023
Assessed value
$2,772,890
Assessed 2023
Previous assessed
$2,772,890
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$2,712,050
Assessed improvement
$60,840
Land market value
$2,712,050
Improvement market value
$60,840
Total market value
$2,772,890
Applied tax rate
1,111.0000
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
1979
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
1,000 SF
Lot
0.96 ac (41,679 SF)
Zoning code
B-1
APN
48-43-05-02-0400
UPID
US18-2655462
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Deerfield Beach, FL
Zoning B-1 · permitted uses
B-1 · Deerfield Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deerfield Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.96 ac
Current owner
From public records · entity-resolved
Sandcastle 1 LLC
Entity
Mailing address
1065 KANE CONCOURSE STE #200, BAY HARBOR ISLANDS, FL 33154-2100
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2025
—
Sandcastle 1 LLC
—
Deed
related
$13,350,000 · Symetra Life Insurance Co
Mar 24, 2021
$11,000,000
Sandcastle 1 LLC
Boyle Beach House LLC
Special Warranty Deed
—
May 23, 2019
—
Beach House LLC
—
Grant Deed
related
$10,200,000 · Bank Hapoalim Bm
May 20, 2019
—
Boyle Beach House LLC
—
Loan Modification
related
$6,250,000 · Seacoast Nat'l Bk
Nov 20, 2003
$3,375,000
Beach House LLC
Deerfield Beach Resort LLC
Grant Deed
related
—
Aug 15, 2003
$2,200,000
Deerfield Beach Resort LLC
Mogerman Oleary & Patel III
Grant Deed
$2,375,000 · Phillip R Schuman
Oct 16, 2000
$460,000
Mogerman O'leary
Rollins,saundra L
Grant Deed
$260,000 · Seller
—
—
Beach House LLC
—
Deed Of Trust
related
$6,250,000 · Palm Bch Cmnty Bk
—
—
Beach House LLC
—
Deed Of Trust
related
$1,000,000 · Branch Banking & Trust Co
—
—
Beach House LLC
—
Deed Of Trust
related
$350,000 · Branch Banking & Trust Co
—
—
Beach House LLC
—
Deed Of Trust
related
$2,375,000 · Republic 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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