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Property profile & analytics
OFF-MARKET
Estimated value
$11,460,000
Community centers
3105 State Rd 7th 3213 Margate, FL 33063-7006
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-8282252
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Total area
134,369 SF
Lot
12.84 ac (559,473 SF)
Zoning code
TOC-G
APN
48-41-24-10-0011
UPID
US18-8282252
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
$12.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.46M
Owner & transaction history
Bmf Plaza LLC · 5 yrs held
Bmf Plaza LLC
since 2021
Last sale
$11.9M
4 recorded transactions
Zoning & alternative use
TOC-G · Margate, 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 Margate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Margate 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
$15,185,000
ML approach
$12,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.46M
Range $10.31M – $12.61M · ±10% · vs last sale $11.90M (Jan 22 2021)
Last sale anchor
$11.90M
Jan 22 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
$85 / 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
$298,722
Tax year 2023
Assessed value
$11,732,840
Assessed 2023
Previous assessed
$12,421,280
-5.5% YoY
Effective rate
2.55%
On assessed value
Assessed land
$4,475,780
Assessed improvement
$7,257,060
Land market value
$4,475,780
Improvement market value
$7,257,060
Total market value
$11,732,840
Applied tax rate
1,212.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Heating
NONE
Stories
2
Total area
134,369 SF
Lot
12.84 ac (559,473 SF)
Zoning code
TOC-G
APN
48-41-24-10-0011
UPID
US18-8282252
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TOC-G · Margate, FLZoning TOC-G · permitted uses
TOC-G · Margate, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
2
Lot
12.84 ac
Current owner
From public records · entity-resolved
Bmf Plaza LLC
Entity
Free & Clear · 5 yrs held
Mailing address
8040 W MCNAB RD, NORTH LAUDERDALE, FL 33068-4254
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2021
—
Bmf Plaza LLC
Penn Dutch Plaza LLC
Correction Deed
related
—
Dec 29, 2020
$11,900,000
Bmf Plaza LLC
Penn Dutch Plaza LLC
Grant Deed
$9,639,900 · American Nat'l Bk
Nov 2, 2020
—
Penn Dutch Plaza LLC
—
Deed
related
$10,330,905 · National Cooperative Bk
—
—
Penn Dutch Plaza LLC
—
Loan Modification
related
$10,330,905 · National Cooperative Bk
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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