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Property profile & analytics
OFF-MARKET
Estimated value
$5,400,000
Assisted living facilities
5121 19th Ave Fort Lauderdale, FL 33308-3712
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-1507276
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1963
Construction
CONCRETE
Total area
3,103 SF
Lot
0.19 ac (8,338 SF)
Zoning code
RMM-25
APN
49-42-13-04-0660
UPID
US18-1507276
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
-
Royal Palm Senior Residence Retirement Home Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.40M
Owner & transaction history
Piemonte Corporation · 2 yrs held
Piemonte Corporation
since 2024
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
RMM-25 · 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
$5,400,000
ML approach
$5,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.40M
Range $4.86M – $5.94M · ±10% · vs last sale $5.40M (Mar 15 2024)
Last sale anchor
$5.40M
Mar 15 2024
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
$1,740 / 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
$6,319
Tax year 2023
Assessed value
$248,320
Assessed 2023
Previous assessed
$248,320
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$83,380
Assessed improvement
$164,940
Land market value
$83,380
Improvement market value
$164,940
Total market value
$248,320
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1963
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
5
Total area
3,103 SF
Lot
0.19 ac (8,338 SF)
Zoning code
RMM-25
APN
49-42-13-04-0660
UPID
US18-1507276
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RMM-25 · Fort Lauderdale, FL
Zoning RMM-25 · permitted uses
RMM-25 · 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
1963
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
Piemonte Corporation
Entity
Free & Clear · 2 yrs held
Mailing address
5121 NE 19TH AVE, FORT LAUDERDALE, FL 33308-3712
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
Piemonte Corporation
—
Deed
related
$600,000 · Plantation Key Azalea INC
Jul 25, 2024
—
Piemonte Corporation
—
Deed
related
$1,475,000 · City First Mortgage Corp
Mar 15, 2024
$5,400,000
Piemonte Corporation
Alf Fort Lauderdale LLC
Warranty Deed
—
Oct 13, 2021
$4,700,000
Alf Fort Lauderdale LLC
Walt Noble INC
Warranty Deed
$3,687,750 · Old Second National Bank
Jul 26, 2011
—
Walt Noble INC
—
Deed Of Trust
related
$1,750,000 · Bank United
Aug 24, 2001
$1,500,000
Walt Noble INC
R & J Royal Palm Senior Reside
Grant Deed
$750,000 · First Community Bank Sw Fl
Jun 7, 1999
$1,230,000
R Reside
Royal Palm Senior Residence
Grant Deed
related
$875,000 · Business Loan Center INC
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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