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Property profile & analytics
OFF-MARKET
Estimated value
$12,445,000
Manufacturing properties
420 3rd Ave Fort Lauderdale, FL 33315-1002
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3777241
Property profile
Verified
Property type
Manufacturing properties
Use group
SHIPYARD - BUILT OR REPAIRED
Year built
2000
Construction
CONCRETE
Total area
14,760 SF
Lot
0.98 ac (42,552 SF)
Zoning code
RAC-SMU
APN
50-42-10-99-0010
UPID
US18-3777241
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
-
South Florida Boat Club, Miami, North Miami and Fort Lauderdale Boat Club
-
Boat Rental Fort Lauderdale Boat Rental Service Boating Instructor
-
Salt Daddy Charters Boat Rental Service Event Venue
-
Riverfront Marina Marina
-
Bachelorette Party Fort Lauderdale (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.45M
Owner & transaction history
Dfw 18 LLC · 5 yrs held
Dfw 18 LLC
since 2020
Last sale
$11.5M
7 recorded transactions
Zoning & alternative use
RAC-SMU · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C - County R-2 - County R-4 - County RAC-AS - Arts and Sciences Districts RAC-CC - City Center District RAC-EMU - Regional Activity Center - East Mixed Use District RAC-RPO - Residential and Professional Office District RAC-SMU - Regional Activity Center - Southwest Mixed Use District RAC-UV - Urban Village Districts RAC-WMU - Regional Activity Center - West…
Zone name
Regional Activity Center Southwest Mixed Use District
General category
MIXED_USE
Zone area
44.37 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
$14,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.45M
Range $11.20M – $13.69M · ±10% · vs last sale $11.53M (Dec 15 2020)
Last sale anchor
$11.53M
Dec 15 2020
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
$843 / 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
$40,406
Tax year 2023
Assessed value
$1,646,200
Assessed 2023
Previous assessed
$1,646,200
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$1,404,220
Assessed improvement
$241,980
Land market value
$1,404,220
Improvement market value
$241,980
Total market value
$1,646,200
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
Manufacturing properties
Use group
SHIPYARD - BUILT OR REPAIRED
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
14,760 SF
Lot
0.98 ac (42,552 SF)
Zoning code
RAC-SMU
APN
50-42-10-99-0010
UPID
US18-3777241
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RAC-SMU · Fort Lauderdale, FLZoning RAC-SMU · permitted uses
RAC-SMU · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C - County R-2 - County R-4 - County RAC-AS - Arts and Sciences Districts RAC-CC - City Center District RAC-EMU - Regional Activity Center - East Mixed Use District RAC-RPO - Residential and Professional Office District RAC-SMU - Regional Activity Center - Southwest Mixed Use District RAC-UV - Urban Village Districts RAC-WMU - Regional Activity Center - West Mixed Use District RC-15 - Residential Single Family and Cluster/Medium Density RCS-15
Zone name
Regional Activity Center Southwest Mixed Use District
General category
MIXED_USE
Zone area
44.37 ac
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Dfw 18 LLC
Entity
Mailing address
3470 N MIAMI AVE STE UPPR, MIAMI, FL 33127-3534
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
—
Dfw 18 LLC
Downtown Ft Lauderdale Waterfr
Quit Claim Deed
related
$15,000,000 · 3650 Cal Bridge Dania Bch LLC
Jan 4, 2012
—
Fort Lauderdale Water Downtown
—
Deed Of Trust
related
$4,750,000 · City National Bank Of Florida
Dec 30, 2011
$11,525,000
Fort Lauderdale Water Downtown
Cabi New River LLC
Warranty Deed
—
Nov 14, 2005
$13,760,000
Cabi New River LLC
Riverfront Marina INC
Grant Deed
related
$16,500,000 · Hsbc Realty Credit Corp
Jun 5, 1997
$330,000
Marina Riverfront
Dichtenmueller Trust
Grant Deed
—
Jun 5, 1997
$425,000
Dichtenmueller Trust
Grocery Trust
Grant Deed
—
—
—
Downtown Fort Lauderdale Water
—
Loan Modification
related
$2,760,000 · City Nat'l Bk/fl
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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