Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,775,000
Hotels
3551 Commercial Blvd Fort Lauderdale, FL 33309-3309
Entity Owned
27-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5587730
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2000
Construction
CONCRETE
Total area
33,743 SF
Lot
1.75 ac (76,061 SF)
Zoning code
B-3
APN
49-42-18-28-0010
UPID
US18-5587730
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
-
Comfort Inn & Suites Fort Lauderdale West Turnpike Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.03M
Comparable Approach
Comparable
$9.02M
Blend (final)
Blend
$6.78M
Owner & transaction history
Dhm Investments INC · 27 yrs held
Dhm Investments INC
since 1998
6 recorded transactions
Zoning & alternative use
B-3 · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB - Commercial Business CC - Commerce Center District CF - Commu…
Zone name
Heavy Commercial And Light Industrial Business
General category
INDUSTRIAL
Zone area
596.21 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%
$5,450,000
6.5%
$5,030,000
7%
$4,670,000
Blend value · Realmo final
$6.78M
Range $6.10M – $7.45M · ±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
$201 / 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
$159,314
Tax year 2023
Assessed value
$6,465,270
Assessed 2023
Previous assessed
$7,053,580
-8.3% YoY
Effective rate
2.46%
On assessed value
Assessed land
$912,730
Assessed improvement
$5,552,540
Land market value
$912,730
Improvement market value
$5,552,540
Total market value
$6,465,270
Applied tax rate
2,912.0000
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
2000
Construction
CONCRETE
Heating
NONE
Stories
3
Units
70
Total area
33,743 SF
Lot
1.75 ac (76,061 SF)
Zoning code
B-3
APN
49-42-18-28-0010
UPID
US18-5587730
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Fort Lauderdale, FLZoning B-3 · permitted uses
B-3 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB - Commercial Business CC - Commerce Center District CF - Community Facility CF-H - Community Facility/House of Worship CF-HS - Community Facility
Zone name
Heavy Commercial And Light Industrial Business
General category
INDUSTRIAL
Zone area
596.21 ac
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
NONE
Stories
3
Units
70
Lot
1.75 ac
Current owner
From public records · entity-resolved
Dhm Investments INC
Entity
Mailing address
1500 SE 5TH AVE, DANIA BEACH, FL 33004-4543
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2013
—
Dhm Investments INC
—
Trustees Deed
related
$4,200,000 · Floridian Community Bank
Mar 3, 2009
—
Dhm Investments INC
—
Trustees Deed
related
$1,000,000 · Mercantile Bank
Nov 25, 1998
$390,000
Dhm Investments INC
Minnet Family LP
Grant Deed
—
—
—
Dhm Investments INC
—
Deed Of Trust
related
$3,928,869 · Mercantile Bank
—
—
Dhm Investments INC
—
Deed Of Trust
related
$7,002,557 · Td Bank NA
—
—
Dhm Investments INC
—
Deed Of Trust
related
$1,300,000 · Mercantile 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3551 Commercial Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
