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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Assisted living facilities
400 2nd St Pompano Beach, FL 33060-6822
Entity Owned
Free & Clear
Property ID
US18-5448704
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1960
Construction
CONCRETE
Total area
6,125 SF
Lot
2.05 ac (89,334 SF)
Zoning code
CF
APN
49-42-02-02-0010
UPID
US18-5448704
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
-
John Knox Village Charitable Organization
-
Bridges International Charitable Organization Social Service Agency
-
Turning Point Bridge Work Rls Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.55M
Owner & transaction history
CHRISTIAN PRISON MINISTRY INC
CHRISTIAN PRISON MINISTRY INC
Zoning & alternative use
CF · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Community Facilities (CF) district is established and intended to accommodate facilities that provide basic services for the benefit and service of population of the community, including parks and recreation facilities, libraries, schools, colleges, government offices, health care facilities, places of worship, cemeteries, halfway houses, shelters, civic…
Zone name
Community Facilities
General category
CIVIC_INSTITUTIONAL
Zone area
596.93 ac
Source
Realmo
Top alternative use upside
Office building
$2.4M
+14.3%
Medical building
$2.2M
+0.8%
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 Pompano Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pompano Beach 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
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$2,130,000
Current use
OFFICE BUILDING
$2,435,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$2,150,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±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
$252 / 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
$2,470,110
Assessed 2023
Previous assessed
$2,470,110
+0.0% YoY
Assessed land
$625,340
Assessed improvement
$1,844,770
Land market value
$625,340
Improvement market value
$1,844,770
Total market value
$2,470,110
Applied tax rate
1,512.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Bathrooms
7
Total area
6,125 SF
Lot
2.05 ac (89,334 SF)
Zoning code
CF
APN
49-42-02-02-0010
UPID
US18-5448704
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CF · Pompano Beach, FLZoning CF · permitted uses
CF · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Community Facilities (CF) district is established and intended to accommodate facilities that provide basic services for the benefit and service of population of the community, including parks and recreation facilities, libraries, schools, colleges, government offices, health care facilities, places of worship, cemeteries, halfway houses, shelters, civic centers , and police, fire, and EMS stations. It also accommodates potable water, sewerage, stormwater management, gas, electric, telephone, cable television, and other public utility uses.
Zone name
Community Facilities
General category
CIVIC_INSTITUTIONAL
Zone area
596.93 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.2M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
OFFICE BUILDING
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
1960
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
7
Lot
2.05 ac
Current owner
From public records · entity-resolved
CHRISTIAN PRISON MINISTRY INC
Entity
Free & Clear · 0 yrs held
Mailing address
2001 MERCY DR #101, ORLANDO, FL 32808-5613
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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