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Property profile & analytics
OFF-MARKET
Estimated value
$10,310,000
Hotels
3333 32nd Ave Fort Lauderdale, FL 33308-7120
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-8681485
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Construction
STEEL FRAME
Total area
109,672 SF
Lot
0.87 ac (37,713 SF)
Zoning code
CB
APN
49-43-19-01-0150
UPID
US18-8681485
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
-
Residence Inn: Loading Dock @ FTL Intracoastal Parking Lot & Garage
-
Residence Inn Fort Lauderdale Intracoastal/Il Lugano Hotel & Motel
-
Oria Waterfront Restaurant
-
Sentient Development Corporation (Bike/Boat/Book/etc) Store Corporate Office
-
IL Lugano Residences Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.93M
Blend (final)
Blend
$10.31M
Owner & transaction history
Chatham Lugano LLC · 10 yrs held
Chatham Lugano LLC
since 2015
7 recorded transactions
Zoning & alternative use
CB · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.31M
Range $9.28M – $11.34M · ±10%
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
$94 / 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
$646,450
Tax year 2023
Assessed value
$31,230,190
Assessed 2023
Previous assessed
$31,230,190
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$2,642,550
Assessed improvement
$28,587,640
Land market value
$2,642,550
Improvement market value
$28,587,640
Total market value
$31,230,190
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
5
Units
105
Total area
109,672 SF
Lot
0.87 ac (37,713 SF)
Zoning code
CB
APN
49-43-19-01-0150
UPID
US18-8681485
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CB · Fort Lauderdale, FL
Zoning CB · permitted uses
CB · 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.
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
5
Buildings
2
Units
105
Lot
0.87 ac
Current owner
From public records · entity-resolved
Chatham Lugano LLC
Entity
Free & Clear · 10 yrs held
Mailing address
222 LAKEVIEW AVE STE #200, WEST PALM BEACH, FL 33401-6147
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2015
$33,500,000
Chatham Lugano LLC
Claremont Ft Lauderdale Suites
Grant Deed
—
Aug 14, 2014
$19,052,000
Claremont Ft Luderdale Suites
Il Lugano LLC
Grant Deed
—
Nov 9, 2007
$805,000
Jorge L Vizcaino
Il Lugano LLC
Warranty Deed
$417,000 · Bank Of America
Mar 28, 2005
—
Il Lugano LLC
—
Trustees Deed
related
$6,000,000 · Key Bank NA
Jun 14, 2004
—
Mark R Adams
Johnson,robert V & Frances M
Quit Claim Deed
related
—
Dec 11, 2003
—
Il Lugano LLC
Fazio,james B
Quit Claim Deed
related
—
Dec 11, 2003
$4,000,000
Il Lugano LLC
Leonard,william F Est
Grant Deed
—
—
—
Claremont Ft Lauderdale Suites
—
Deed Of Trust
related
$16,870,000 · Us Bk
—
—
Charles E Roode
—
Deed Of Trust
related
$70,000 · Bank Of America
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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