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Property profile & analytics
OFF-MARKET
Hotels
505 Ft Lauderdale Bch Blvd 705, Fort Lauderdale, FL 33304-4109
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-9248098
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2006
Construction
CONCRETE
Total area
906 SF
Zoning code
ABA
APN
50-42-01-GJ-0240
UPID
US18-9248098
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
-
Nubé Rooftop Bar & Pub Nightclub
-
SP+ Parking Parking Lot & Garage
-
The Q Club Hotel & Motel Resort
-
The Patio at Le Marché Restaurant
-
Private Residence Hotel & Motel
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
Slice On The Beach II LLC · 1 yrs held
Slice On The Beach II LLC
since 2025
Last sale
$212,500
4 recorded transactions
Zoning & alternative use
ABA · 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
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
$5,817
Tax year 2023
Assessed value
$278,070
Assessed 2023
Previous assessed
$264,130
+5.3% YoY
Effective rate
2.09%
On assessed value
Assessed land
$27,810
Assessed improvement
$250,260
Land market value
$27,810
Improvement market value
$250,260
Total market value
$278,070
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/MOTEL
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Total area
906 SF
Zoning code
ABA
APN
50-42-01-GJ-0240
UPID
US18-9248098
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
ABA · Fort Lauderdale, FL
Zoning ABA · permitted uses
ABA · 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
2006
Construction
CONCRETE
Heating
NONE
Bathrooms
1
Current owner
From public records · entity-resolved
Slice On The Beach II LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2114 JACOBS WL CT, BEL AIR, MD 21015-1631
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
$212,500
Slice On The Beach II LLC
Vilago Station Corp
Warranty Deed
—
May 23, 2022
$299,000
Vilago Station Corp
Newgen Real Estate General Partners
Warranty Deed
—
Nov 21, 2012
$200,000
Newgen Real Estate Gp
Flynn,mark
Warranty Deed
—
Dec 18, 2006
$456,500
Mark Flynn
Owner,record
Grant 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.
Try Rey
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