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Property profile & analytics
OFF-MARKET
Retail residential properties
402 6th St Pompano Beach, FL 33060-5677
Entity Owned
7-yr Hold
Property ID
US18-0985346
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1966
Construction
CONCRETE
Total area
2,692 SF
Lot
0.19 ac (8,227 SF)
Zoning code
TO-DPOD
APN
48-42-35-19-0480
UPID
US18-0985346
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
by Request
Owner & transaction history
Foad LLC · 7 yrs held
Foad LLC
since 2019
7 recorded transactions
Zoning & alternative use
TO-DPOD · Pompano Beach, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,343
Tax year 2023
Assessed value
$335,160
Assessed 2023
Previous assessed
$310,480
+7.9% YoY
Effective rate
2.49%
On assessed value
Assessed land
$82,270
Assessed improvement
$252,890
Land market value
$82,270
Improvement market value
$252,890
Total market value
$335,160
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
6
Total area
2,692 SF
Lot
0.19 ac (8,227 SF)
Zoning code
TO-DPOD
APN
48-42-35-19-0480
UPID
US18-0985346
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TO-DPOD · Pompano Beach, FL
Zoning TO-DPOD · permitted uses
TO-DPOD · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pompano Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
6
Lot
0.19 ac
Current owner
From public records · entity-resolved
Foad LLC
Entity
Mailing address
9211 NW 41ST MNR, CORAL SPRINGS, FL 33065-1761
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2019
$100
Foad LLC
Akel,foad
Quit Claim Deed
related
—
Feb 8, 2019
—
Meir Properties INC
—
Deed
related
—
Oct 27, 2017
—
Foad Akel
Meir Properties INC
Quit Claim Deed
related
—
Aug 31, 2017
—
Meir Properties INC
—
Deed
related
$50,000 · Joseph E & Barbara C Scerbo
Mar 24, 2017
—
Meir Properties INC
—
Deed
related
$100,000 · Pia Dahlquist
Nov 17, 2009
—
Meir Properties INC
Akel,foad
Quit Claim Deed
related
—
—
—
Meir Properties INC
—
Loan Modification
related
—
—
—
Meir Properties INC
—
Deed Of Trust
related
$50,000 · Pia Dahlquist
—
—
Foad Akel
—
Deed Of Trust
related
$87,200 · Interbay Funding LLC
—
—
Meir Properties INC
—
Loan Modification
related
$100,000 · Pia Dahlquist
—
—
Meir Properties INC
—
Deed Of Trust
related
$50,000 · Joseph E & Barbara C Scerbo
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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