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Property profile & analytics
OFF-MARKET
Estimated value
$8,000,000
Motels
3081 Hbr Dr, Fort Lauderdale, FL 33316-2409
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US19-0454286
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1951
Construction
CONCRETE
Total area
14,680 SF
Lot
0.37 ac (16,182 SF)
Zoning code
RMH-60
APN
50-42-12-24-0180
UPID
US19-0454286
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
-
Sea Beach Plaza Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.00M
Owner & transaction history
Ftl Lodging Owner LLC · 1 yrs held
Ftl Lodging Owner LLC
since 2024
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
RMH-60 · Fort Lauderdale, 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 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
$8,000,000
ML approach
$8,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$12,735,000
Current use
RESTAURANT
$12,540,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,895,000
Change: -7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$11,045,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$8.00M
Range $7.20M – $8.80M · ±10% · vs last sale $8.00M (Nov 20 2024)
Last sale anchor
$8.00M
Nov 20 2024
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
$545 / 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
$117,017
Tax year 2023
Assessed value
$5,875,480
Assessed 2023
Previous assessed
$5,875,480
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$810,230
Assessed improvement
$5,065,250
Land market value
$810,230
Improvement market value
$5,065,250
Total market value
$5,875,480
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
1951
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
3
Units
40
Total area
14,680 SF
Lot
0.37 ac (16,182 SF)
Zoning code
RMH-60
APN
50-42-12-24-0180
UPID
US19-0454286
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RMH-60 · Fort Lauderdale, FL
Zoning RMH-60 · permitted uses
RMH-60 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$12.7M
RESTAURANT
Est. value
$12.5M
AUTO REPAIR, GARAGE
Est. value
$11.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.0M
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1951
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
40
Lot
0.37 ac
Current owner
From public records · entity-resolved
Ftl Lodging Owner LLC
Entity
Mailing address
601 N FT LAUD BCH BLVD #901, FORT LAUDERDALE, FL 33304
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
$8,000,000
Ftl Lodging Owner LLC
Harborage LLC
Warranty Deed
$6,000,000 · The Lane Organization LLC
May 19, 2020
—
Harborage LLC
—
Deed
related
$3,250,000 · Mike Sanfelippo INC
Dec 30, 2019
—
Harborage LLC
—
Deed
related
$3,250,000 · Mike Sanfelippo INC
Apr 4, 2019
—
Harborage LLC
—
Deed
related
$3,250,000 · Mike Sanfelippo INC
May 31, 2018
—
Harborage LLC
—
Deed
related
$3,250,000 · Mike Sanfelippo INC
Mar 25, 2016
$5,750,000
Harborage LLC
Raj Hotels LLC
Grant Deed
—
Jun 7, 2004
$2,600,000
Raj Hotels LLC
Sea Beach Plaza INC
Grant Deed
$1,800,000 · Landmark Bank
—
—
Harborage LLC
—
Loan Modification
related
$3,250,000 · Mike Sanfelippo INC
—
—
Raj Hotels LLC
—
Deed Of Trust
related
$200,000 · Bacardi Foundation
—
—
Harborage LLC
—
Loan Modification
related
$3,250,000 · Mike Sanfelippo INC
—
—
Harborage LLC
—
Loan Modification
related
$3,250,000 · Mike Sanfelippo INC
—
—
Raj Hotels LLC
—
Loan Modification
related
$1,422,539 · Landmark Bk
—
—
Harborage LLC
—
Deed Of Trust
related
$3,250,000 · Mike Sanfelippo INC
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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