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Property profile & analytics
OFF-MARKET
Estimated value
$29,790,000
Marinas
3201 State Rd 84 Davie, FL 33312-4817
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3065743
Property profile
Verified
Property type
Marinas
Use group
MARINE FACILITY/BOARD REPAIRS
Year built
1985
Construction
CONCRETE
Total area
152,322 SF
Lot
7.87 ac (342,988 SF)
Zoning code
M-2
APN
50-42-19-00-0011
UPID
US18-3065743
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$29.79M
Owner & transaction history
Flyhlandco LLC · 2 yrs held
Flyhlandco LLC
since 2023
Last sale
$29.3M
7 recorded transactions
Zoning & alternative use
M-2 · Davie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$40.9M
+56.0%
Auto repair, garage
$39.8M
+51.9%
Commercial (general)
$35.9M
+36.9%
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 Davie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davie 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
$30,830,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MARINE FACILITY/BOARD REPAIRS (SMALL CRAFT, SAILBOAT)
$26,200,000
Current use
OFFICE BUILDING
$40,880,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$39,790,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$35,870,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$34,890,000
Change: +33% · Conversion: Difficult
RESTAURANT
$31,755,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$28,170,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$23,200,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$29.79M
Range $26.81M – $32.77M · ±10% · vs last sale $29.27M (Oct 3 2023)
Last sale anchor
$29.27M
Oct 3 2023
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
$196 / 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
Assessed value
$8,403,680
Assessed 2023
Previous assessed
$8,403,680
+0.0% YoY
Assessed land
$7,545,740
Assessed improvement
$857,940
Land market value
$7,545,740
Improvement market value
$857,940
Total market value
$8,403,680
Applied tax rate
2,412.0000
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
Marinas
Use group
MARINE FACILITY/BOARD REPAIRS
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
152,322 SF
Lot
7.87 ac (342,988 SF)
Zoning code
M-2
APN
50-42-19-00-0011
UPID
US18-3065743
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-2 · Davie, FL
Zoning M-2 · permitted uses
M-2 · Davie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MARINE FACILITY/BOARD REPAIRS (SMALL CRAFT, SAILBOAT) Current
Est. value
$26.2M
OFFICE BUILDING
Est. value
$40.9M
AUTO REPAIR, GARAGE
Est. value
$39.8M
COMMERCIAL (GENERAL)
Est. value
$35.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$34.9M
RESTAURANT
Est. value
$31.8M
WAREHOUSE, STORAGE
Est. value
$28.2M
MEDICAL BUILDING
Est. value
$23.2M
MARINE FACILITY/BOARD REPAIRS (SMALL CRAFT, SAILBOAT) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1985
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
7.87 ac
Current owner
From public records · entity-resolved
Flyhlandco LLC
Entity
Mailing address
3051 W STATE RD 84, FORT LAUDERDALE, FL 33312-4821
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2023
$15,000,000
Flyhlandco LLC
South Florida Assets & Operations L
Special Warranty Deed
—
Oct 3, 2023
$29,270,100
Flyhopco LLC
South Florida Assets & Operations L
Special Warranty Deed
$44,397,768 · Bankunited NA
Dec 8, 2022
—
South Florida Assets & Operations L
—
Deed
related
$36,480,000 · Truist Bank
Apr 1, 2021
—
South Florida Assets & Operations L
—
Deed
related
$36,480,000 · Truist Bank
Jan 4, 2021
$30,400,000
South Florida Assets & Operati
Roscioli Yachting Center INC
Grant Deed
related
—
Aug 23, 2017
—
Roscioli Yachting Center INC
—
Loan Modification
related
$18,629,100 · Bankunited Fsb
—
—
Roscioli Yachting Center INC
—
Deed Of Trust
related
$1,000,000 · Comerica 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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