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Property profile & analytics
OFF-MARKET
Commercial land
501 7th Ave Fort Lauderdale, FL 33311-8136
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-7488007
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.07 ac (3,000 SF)
Zoning code
NWRAC-MUW
APN
50-42-03-01-1410
UPID
US18-7488007
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
-
Ann Murray Greenway Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Broward County · 1 yrs held
Broward County
since 2025
6 recorded transactions
Zoning & alternative use
NWRAC-MUW · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
strict M-3 - County MHP - Mobile Home Park NBRA - North Beach Residential Area District NWRAC-MUe - North West Regional Activity Center-Mixed Use east NWRAC-MUne - North West Regional Activity Center-Mixed Use northeast NWRAC-MUw - North West Regional Activity Center-Mixed Use west P - Parks Recreation and Open Space PCC - Planned Commerce Center PDD - Plann…
Zone name
North West Regional Activity Center Mixed Use West
General category
MIXED_USE
Zone area
64.99 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,833
Tax year 2023
Assessed value
$150,000
Assessed 2023
Previous assessed
$150,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$150,000
Land market value
$150,000
Total market value
$150,000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.07 ac (3,000 SF)
Zoning code
NWRAC-MUW
APN
50-42-03-01-1410
UPID
US18-7488007
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
NWRAC-MUW · Fort Lauderdale, FLZoning NWRAC-MUW · permitted uses
NWRAC-MUW · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
strict M-3 - County MHP - Mobile Home Park NBRA - North Beach Residential Area District NWRAC-MUe - North West Regional Activity Center-Mixed Use east NWRAC-MUne - North West Regional Activity Center-Mixed Use northeast NWRAC-MUw - North West Regional Activity Center-Mixed Use west P - Parks Recreation and Open Space PCC - Planned Commerce Center PDD - Planned Development District PEDD - Port Everglades Development District PRD - Planned Resort
Zone name
North West Regional Activity Center Mixed Use West
General category
MIXED_USE
Zone area
64.99 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
Broward County
Entity
Free & Clear · 1 yrs held
Mailing address
12409 NW 35TH ST, CORAL SPRINGS, FL 33065-2413
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2025
—
Broward County
West Village LLC
Warranty Deed
—
Sep 30, 2024
—
Blue Stream Communications LLC
West Village LLC
Agreement Of Sale
—
May 3, 2024
—
Blue Stream Communication LLC
West Village LLC
Deed
—
Jun 17, 2020
—
West Village LLC
Sistrunk 2245 LLC
Correction Deed
related
—
Jan 21, 2020
—
West Village LLC
Sistrunk 2245 LLC
Warranty Deed
related
—
Nov 8, 2016
—
Sistrunk 2245 LLC
220145 LLC
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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