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Property profile & analytics
OFF-MARKET
Estimated value
$5,390,000
Warehouses
3391 14th Ave Fort Lauderdale, FL 33316-4212
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2355545
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Construction
STEEL FRAME
Total area
31,360 SF
Lot
1.38 ac (60,272 SF)
Zoning code
PEDD
APN
50-42-23-06-0020
UPID
US18-2355545
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
-
Mission Resolve Foundation, Inc. Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.33M
Blend (final)
Blend
$5.39M
Owner & transaction history
Farrell Marine Holdings LLC · 19 yrs held
Farrell Marine Holdings LLC
since 2007
7 recorded transactions
Zoning & alternative use
PEDD · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
North West Regional Activity Center-Mixed Use northeast NWRAC-MUw - North West Regional Activity Center-Mixed Use west P - Parks Recreation and Open Space PCC - Planned Commerce Center PDD - Planned Development District PEDD - Port Everglades Development District PRD - Planned Resort Development District PUD - Planned Unit Development R-1-C - County R-2 - Co…
Zone name
Port Everglades Development District
General category
UNKNOWN
Zone area
339.72 ac
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
$5.39M
Range $4.85M – $5.93M · ±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
$172 / 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
$76,518
Tax year 2023
Assessed value
$3,411,970
Assessed 2023
Previous assessed
$3,411,970
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$602,720
Assessed improvement
$2,809,250
Land market value
$602,720
Improvement market value
$2,809,250
Total market value
$3,411,970
Applied tax rate
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
31,360 SF
Lot
1.38 ac (60,272 SF)
Zoning code
PEDD
APN
50-42-23-06-0020
UPID
US18-2355545
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PEDD · Fort Lauderdale, FLZoning PEDD · permitted uses
PEDD · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
North West Regional Activity Center-Mixed Use northeast NWRAC-MUw - North West Regional Activity Center-Mixed Use west P - Parks Recreation and Open Space PCC - Planned Commerce Center PDD - Planned Development District PEDD - Port Everglades Development District PRD - Planned Resort Development District PUD - Planned Unit Development R-1-C - County R-2 - County R-4 - County RAC-AS - Arts and Sciences Districts RAC-CC - City Center District
Zone name
Port Everglades Development District
General category
UNKNOWN
Zone area
339.72 ac
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Farrell Marine Holdings LLC
Entity
Mailing address
1516 SE 11TH ST, FORT LAUDERDALE, FL 33316-1442
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Oct 10, 2011
—
Farrell Marine Holdings LLC
—
Deed Of Trust
related
$2,000,000 · Paradise Bank
Jun 4, 2007
$2,900,000
Farrell Marine Holdings LLC
Carl M Herndon
Warranty Deed
$2,320,000 · Paradise Bank
Apr 26, 2001
—
Carl Herndon
Herndon,carl
Quit Claim Deed
related
$59,000 · Millennia Mortgage Corp
—
—
Carl Herndon
—
Deed Of Trust
related
$250,000 · Bankatlantic Fsb
—
—
Farrell Marine Holdings LLC
—
Loan Modification
related
$2,000,000 · Paradise Bk
—
—
Farrell Marine Holdings LLC
—
Loan Modification
related
$1,600,000 · Paradise Bk
—
—
Farerll Marine Holdings LLC
—
Deed Of Trust
related
$2,000,000 · Paradise Bank
—
—
Carl M Herndon
—
Deed Of Trust
related
$250,000 · Bankatlantic Fsb
—
—
Carl M Herndon
—
Deed Of Trust
related
$250,000 · Bankatlantic Fsb
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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