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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Turn key restaurants
4211 Federal Hwy 4215, Oakland Park, FL 33308-5532
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9336324
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1971
Construction
CONCRETE
Total area
3,684 SF
Lot
0.64 ac (28,081 SF)
Zoning code
B-1
APN
49-42-24-06-0120
UPID
US18-9336324
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
$3.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.15M
Blend (final)
Blend
$3.50M
Owner & transaction history
4215 Investment LLC · 1 yrs held
4215 Investment LLC
since 2024
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
B-1 · Oakland Park, 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 Oakland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland Park 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
$3,500,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,145,000
Current use
AUTO REPAIR, GARAGE
$2,985,000
Change: -5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,770,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10% · vs last sale $3.50M (Aug 16 2024)
Last sale anchor
$3.50M
Aug 16 2024
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
$950 / 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
$39,112
Tax year 2023
Assessed value
$1,685,770
Assessed 2023
Previous assessed
$1,685,770
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$842,430
Assessed improvement
$843,340
Land market value
$842,430
Improvement market value
$843,340
Total market value
$1,685,770
Applied tax rate
1,712.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
2
Total area
3,684 SF
Lot
0.64 ac (28,081 SF)
Zoning code
B-1
APN
49-42-24-06-0120
UPID
US18-9336324
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Oakland Park, FL
Zoning B-1 · permitted uses
B-1 · Oakland Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oakland Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
RESTAURANT Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1971
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
4215 Investment LLC
Entity
Mailing address
4666 N CORAL RDG DR, CORAL SPRINGS, FL 33076-2252
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2024
—
4215 Investment LLC
Plads Realty LLC
Correction Deed
related
—
Aug 16, 2024
$3,500,000
4215 Investment LLC
Plads Realty LLC
Warranty Deed
$1,300,000 · Bankunited NA
Aug 2, 2018
—
Plads Realty LLC
—
Deed
related
$4,200,000 · Branch Bk&tr
Jan 2, 2013
$1,325,000
Plads Realty LLC
Miml LP
Grant Deed
—
Oct 9, 2008
$846,000
Plads Realty LLC
4215 North Federal Highway LLC
Special Warranty Deed
—
Jun 23, 2005
$1,250,000
4215 North Federal Highway LLC
Regalo Real Estate Co
Warranty Deed
$900,000 · Wachovia Bank NA
Jun 29, 1999
$350,000
Regalo Real Estate Co
Mastriana,r F
Grant Deed
$350,000 · Palm Beach Natl Bk & Tr Co
Aug 28, 1986
$700,000
Lowry Harry Ind Marion|revoc Harry Lowr
Eisenberg,stanley
Warranty Deed
related
—
—
—
Plads Realty LLC Etal
—
Loan Modification
related
$3,000,000 · Branch Banking & Trust Co
—
—
Regalo Real Estates Co
—
Deed Of Trust
related
$420,000 · American National Bank & Trust
—
—
Plads Realty LLC
—
Loan Modification
related
$3,100,000 · Branch Bk&tr
—
—
Plads Realty LLC
—
Deed Of Trust
related
$4,200,000 · Branch Bk&tr
—
—
Plads Realty LLC
—
Deed Of Trust
related
$817,800 · Wells Fargo 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.
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