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Property profile & analytics
OFF-MARKET
Investment properties
4040 Galt Ocean Dr L1 Fort Lauderdale, FL 33308-6501
Individually Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2556521
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1960
Construction
CONCRETE
Total area
169 SF
Zoning code
RMH-60
APN
49-43-19-DA-1920
UPID
US18-2556521
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
-
Bamboo Beach Tiki Bar & Cafe Restaurant
-
Ocean Manor Oasis Hotel & Motel Resort
-
Ocean Manor Beach Resort Hotel & Motel
-
tiki sunset retreat Hotel & Motel Resort
-
Arlo Solutions LLC Professional Services
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
Talerico Family · 21 yrs held
Talerico Family
since 2004
7 recorded transactions
Zoning & alternative use
RMH-60 · 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
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
$913
Tax year 2023
Assessed value
$19,470
Assessed 2023
Previous assessed
$18,620
+4.6% YoY
Effective rate
4.69%
On assessed value
Assessed land
$1,950
Assessed improvement
$17,520
Land market value
$1,950
Improvement market value
$17,520
Total market value
$19,470
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
NONE
Total area
169 SF
Zoning code
RMH-60
APN
49-43-19-DA-1920
UPID
US18-2556521
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RMH-60 · Fort Lauderdale, FL
Zoning RMH-60 · permitted uses
RMH-60 · 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
1960
Construction
CONCRETE
Heating
NONE
Current owner
From public records · entity-resolved
Talerico Family
Individual
Mailing address
7724 NW 55TH PL, CORAL SPRINGS, FL 33067-2058
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
26 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2017
—
Talerico Family LP
—
Trustees Deed
related
$120,000 · Private Individual
Aug 11, 2016
—
Talerico Family LP
—
Trustees Deed
related
$153,000 · Private Individual
Mar 22, 2016
—
Talerico Family LP
—
Trustees Deed
related
$116,000 · Private Individual
Jul 19, 2011
—
Talerico Family LP
—
Deed Of Trust
related
$2,075,000 · Israel Discount Bank New York
Dec 21, 2004
—
Talerico Family
—
Trustees Deed
related
$20,000 · Jsg Family LP
Dec 6, 2004
$432,000
Talerico Family
Oceanic II LLC
Grant Deed
$1,212,000 · Fein Family LP
Aug 27, 2004
$450,000
Oceanic II LLC
Bfp Investments Ltd
Warranty Deed
—
—
—
Talerico Family LP
—
Deed Of Trust
related
$200,000 · Private Individual
—
—
Pbft Realty LLC
—
Deed Of Trust
related
$320,000 · Private Individual
—
—
Pbft Realty LLC
—
Deed Of Trust
related
$310,000 · Private Individual
—
—
Talerico Family LP
—
Deed Of Trust
related
$80,000 · Private Individual
—
—
Oceanic II LLC
—
Deed Of Trust
related
$90,000 · Tramar Realty Corp
—
—
Frank Talerico
—
Loan Modification
related
$495,000 · Private Individual
—
—
Frank Talerico
—
Loan Modification
related
$145,048 · Private Individual
—
—
Talerico Family LP
—
Deed Of Trust
related
$535,000 · Private Individual
—
—
Talerico Family LP
—
Deed Of Trust
related
$225,000 · Private Individual
—
—
Frank Talerico
—
Deed Of Trust
related
$400,000 · Kenwood Realty Corp
—
—
Oceanic II LLC
—
Deed Of Trust
related
$300,000 · Tramar Realty Corp
—
—
Talerico Family LP
—
Deed Of Trust
related
$340,000 · Private Individual
—
—
Frank Talerico
—
Loan Modification
related
$111,000 · Private Individual
—
—
Talerico Family LP
—
Loan Modification
related
$500,000 · Norman Roberts
—
—
Talerico Family LP
—
Loan Modification
related
$2,211,919 · Bellefrau Group LLC
—
—
Owner Name Unavailable
—
Deed Of Trust
related
$305,000 · Private Individual
—
—
Frank Talerico
—
Loan Modification
related
$137,064 · Private Individual
—
—
Frank Talerico
—
Loan Modification
related
$508,625 · Private Individual
—
—
Talerico Family LP
—
Loan Modification
related
$472,478 · Private Individual
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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