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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Assisted living facilities
4244 51st St, Coconut Creek, FL 33073-2938
Individually Owned
2-yr Hold
Property ID
US18-1412742
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1989
Construction
CONCRETE
Total area
2,013 SF
Lot
0.2 ac (8,625 SF)
Zoning code
PUD
APN
48-42-08-02-0860
UPID
US18-1412742
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
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Crescencio Castro · 2 yrs held
Crescencio Castro
since 2024
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
PUD · Coconut Creek, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+51.3%
Office building
$810,000
+15.5%
Medical building
$705,000
+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 Coconut Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coconut Creek 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
$640,000
ML approach
$640,000
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)
$700,000
Current use
COMMERCIAL (GENERAL)
$1,060,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$810,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$705,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$600,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $640k (Mar 12 2024)
Last sale anchor
$640k
Mar 12 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
$318 / 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
$11,788
Tax year 2023
Assessed value
$531,330
Assessed 2023
Previous assessed
$531,330
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$69,000
Assessed improvement
$462,330
Land market value
$69,000
Improvement market value
$462,330
Total market value
$531,330
Applied tax rate
3,212.0000
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
1989
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,013 SF
Lot
0.2 ac (8,625 SF)
Zoning code
PUD
APN
48-42-08-02-0860
UPID
US18-1412742
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
PUD · Coconut Creek, FL
Zoning PUD · permitted uses
PUD · Coconut Creek, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coconut Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$700,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$810,000
MEDICAL BUILDING
Est. value
$705,000
RETAIL STORES
Est. value
$600,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1989
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Crescencio Castro
Individual
Mailing address
4244 NW 51ST ST, COCONUT CREEK, FL 33073-2938
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
$640,000
Crescencio Castro
4244 Nw 51st Street LLC
Warranty Deed
$540,000 · Guaranteed Rate INC
Aug 11, 2022
—
Howard Heitz
Howard Heitz
Intrafamily Transfer
related
—
Jul 13, 2022
—
4244 Nw 51st Street LLC
Yosef Yitzchok Gershowitz
Warranty Deed
—
Jul 7, 2022
$600,000
Yosef Yitzchok Gershowitz
Yvonne Johnson
Warranty Deed
$510,000 · Finance Of America Mortgage LLC
Mar 8, 2000
$169,000
Yvonne Johnson
Patania,thomas W & Bonnie M
Grant Deed
$143,650 · Ameri-cap Mortgage Group INC
—
—
Yvonne Johnson
—
Deed Of Trust
related
$149,650 · Homebanc Mortgage Corp
—
—
Yvonne Johnson
—
Deed Of Trust
related
$18,416 · First Union National Bank
—
—
Thomas W Patania
—
Deed Of Trust
related
$108,700 · Citibank Fsb
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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