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Property profile & analytics
FOR LEASE
Medical Office Space
4800 N Federal Hwy Fort Lauderdale, FL 33308
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-0780293
For Lease
1 / 2
$3,065,000
4800 N Federal Hwy, Fort Lauderdale, FL 33308
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Construction
CONCRETE
Total area
18,522 SF
Lot
0.51 ac (22,125 SF)
Zoning code
B-1
APN
49-42-24-08-0810
UPID
US18-0780293
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
-
Dr. Naveed Shafi, MD Physician
-
Dani Weiss Photography Photography Service (Bike/Boat/Book/etc) Store
-
Dr. Jesse Zisholtz, MD Physician
-
Natalia De Varona Physician
-
Bliss Wellness and Aesthetic Studios Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.07M
Owner & transaction history
Rap Medical Center LLC · 8 yrs held
Rap Medical Center LLC
since 2018
2 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%
$4,155,000
6.5%
$3,835,000
7%
$3,565,000
Blend value · Realmo final
$3.07M
Range $2.76M – $3.37M · ±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
$165 / 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
$61,960
Tax year 2023
Assessed value
$2,881,940
Assessed 2023
Previous assessed
$2,641,160
+9.1% YoY
Effective rate
2.15%
On assessed value
Assessed land
$663,750
Assessed improvement
$2,218,190
Land market value
$663,750
Improvement market value
$2,218,190
Total market value
$2,881,940
Applied tax rate
311.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1976
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
3
Total area
18,522 SF
Lot
0.51 ac (22,125 SF)
Zoning code
B-1
APN
49-42-24-08-0810
UPID
US18-0780293
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
1976
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.51 ac
Current owner
From public records · entity-resolved
Rap Medical Center LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 11229, KNOXVILLE, TN 37939-1229
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2018
$2,650,000
Rap Medical Center LLC
City Of Ft Lauderdale General
Grant Deed
—
Apr 12, 2007
$3,665,000
Board Of Tes/cty/ft Lauderdale G
Four Star Realty Of Broward Cnty
Warranty Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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