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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Investment properties
511 5th Ave 4 Fort Lauderdale, FL 33301-2984
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-1162082
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2005
Construction
CONCRETE
Total area
3,277 SF
Zoning code
RAC-CC
APN
50-42-10-BF-0070
UPID
US18-1162082
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
-
Askaneli Premium Georgian and International Restaurant Take-out & Catering Catering Service
-
The MRL Group Marketing & Advertising Advertising Agency
-
Career Activation Business Service Center Employment Agency
-
Kunstler Plus Industrial Manufacturer Production Facility
-
Riverwalk South Outdoor Chess Table Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$509k
Blend (final)
Blend
$575k
Owner & transaction history
Nu River Offices LLC · 7 yrs held
Nu River Offices LLC
since 2018
2 recorded transactions
Zoning & alternative use
RAC-CC · 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
$445,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$175 / 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
$12,114
Tax year 2023
Assessed value
$549,430
Assessed 2023
Previous assessed
$499,490
+10.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$54,940
Assessed improvement
$494,490
Land market value
$54,940
Improvement market value
$494,490
Total market value
$549,430
Applied tax rate
9,312.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
NONE
Total area
3,277 SF
Zoning code
RAC-CC
APN
50-42-10-BF-0070
UPID
US18-1162082
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RAC-CC · Fort Lauderdale, FL
Zoning RAC-CC · permitted uses
RAC-CC · 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
2005
Construction
CONCRETE
Heating
NONE
Current owner
From public records · entity-resolved
Nu River Offices LLC
Entity
Mailing address
1852 FLETCHER ST, HOLLYWOOD, FL 33020-6314
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
Aug 2, 2018
$503,000
Nu River Offices LLC
Consumer R/e Fin Co
Warranty Deed
—
Dec 1, 2017
—
Consumer Real Estate Finance Co
—
Deed
related
$826,000 · Wells Fargo Bank NA
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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