Property profile

501 1st Ave 545 Fort Lauderdale, FL 33301

OFF-MARKET
Warehouses
Property ID
US18-0838998
64,503 SF 1.78 ac lot Built 1950
Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Construction CONCRETE
Total area 64,503 SF
Lot 1.78 ac (77,625 SF)
Zoning code RAC-UV
APN 50-42-03-04-0010
UPID US18-0838998

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

501 1st Ave, Unit 545 Fort Lauderdale, FL 33301-3203
Fort Lauderdale metro Census 41601 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$16.49M
Comparable Approach Comparable
$8.94M
Blend (final) Blend
$13.43M

Owner & transaction history

since 1999
7 recorded transactions
2018
Price N/A
2018
Price N/A
1999
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RAC-UV · Fort Lauderdale, FL
Zoning description

stricts 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…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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