New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,000,000
Hotels
455 24th St, Fort Lauderdale, FL 33316-3915
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-5337677
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2010
Construction
CONCRETE
Total area
104,004 SF
Lot
0.62 ac (26,960 SF)
Zoning code
B-1
APN
50-42-15-01-7950
UPID
US18-5337677
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
$4.35M
Blend (final)
Blend
$7.00M
Owner & transaction history
Fll Hotels INC · 20 yrs held
Fll Hotels INC
since 2006
5 recorded transactions
Zoning & alternative use
B-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.00M
Range $6.30M – $7.70M · ±10%
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
$67 / 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
$449,882
Tax year 2023
Assessed value
$20,674,540
Assessed 2023
Previous assessed
$20,489,910
+0.9% YoY
Effective rate
2.18%
On assessed value
Assessed land
$1,887,200
Assessed improvement
$18,787,340
Land market value
$1,887,200
Improvement market value
$18,787,340
Total market value
$20,674,540
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
11
Units
148
Total area
104,004 SF
Lot
0.62 ac (26,960 SF)
Zoning code
B-1
APN
50-42-15-01-7950
UPID
US18-5337677
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Fort Lauderdale, FL
Zoning B-1 · permitted uses
B-1 · 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
2010
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
11
Buildings
3
Units
148
Lot
0.62 ac
Current owner
From public records · entity-resolved
Fll Hotels INC
Entity
Mailing address
20 S FEDERAL HWY, FORT LAUDERDALE, FL 33301-1935
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2022
—
Fll Hotels INC
—
Deed
related
$15,000,000 · Centennial Bank
Apr 19, 2006
$1,500,000
Fll Hotels INC
455 Property Holdings INC
Warranty Deed
$500,000 · Regent Bank
Apr 11, 2003
—
Florida Dept Transportation
Ljr Associates Properties Ltd
Quit Claim Deed
related
—
Apr 11, 2003
$700,000
455 Property Holdings INC
Ljr Associates Properties Ltd
Grant Deed
related
$400,000 · Union Bank Of Florida
—
—
84 Investments INC
—
Deed Of Trust
related
$35,500,000 · Natixis Real Estate Capital
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 455 24th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
