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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Retail space
525 State Rd 7th 7, Margate, FL 33063-4562
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5921792
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1959
Construction
CONCRETE
Total area
2,040 SF
Lot
0.19 ac (8,463 SF)
Zoning code
TOC-G
APN
48-41-36-02-0310
UPID
US18-5921792
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$785k
Owner & transaction history
Liberty24 INC · 1 yrs held
Liberty24 INC
since 2024
Last sale
$785,000
7 recorded transactions
Zoning & alternative use
TOC-G · Margate, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+76.6%
Warehouse, storage
$855,000
+40.4%
Medical building
$715,000
+17.7%
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 Margate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Margate 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
$785,000
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$710,000
Alternative Use
Use
Estimation
RETAIL STORES
$610,000
Current use
COMMERCIAL (GENERAL)
$1,075,000
Change: +77% · Conversion: Easy
WAREHOUSE, STORAGE
$855,000
Change: +40% · Conversion: Difficult
MEDICAL BUILDING
$715,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$650,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $785k (Nov 26 2024)
Last sale anchor
$785k
Nov 26 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
$385 / 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
$8,292
Tax year 2023
Assessed value
$367,460
Assessed 2023
Previous assessed
$309,670
+18.7% YoY
Effective rate
2.26%
On assessed value
Assessed land
$84,630
Assessed improvement
$282,830
Land market value
$84,630
Improvement market value
$282,830
Total market value
$367,460
Applied tax rate
1,212.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1959
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
2,040 SF
Lot
0.19 ac (8,463 SF)
Zoning code
TOC-G
APN
48-41-36-02-0310
UPID
US18-5921792
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TOC-G · Margate, FL
Zoning TOC-G · permitted uses
TOC-G · Margate, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Margate. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$610,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$855,000
MEDICAL BUILDING
Est. value
$715,000
OFFICE BUILDING
Est. value
$650,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Liberty24 INC
Entity
Mailing address
2112 N JOG RD STE #102, WEST PALM BEACH, FL 33411-2519
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2024
$785,000
Liberty24 INC
Neo Property INC
Warranty Deed
$553,000 · Centennial Bank
Dec 16, 2019
$287,000
Neo Property INC
Ecp Properties INC
Warranty Deed
—
Sep 6, 2019
—
Ecp Properties INC
—
Deed
related
$105,000 · Thomas K Poulsen
May 7, 2018
—
Ecp Properties INC
Ngo,tuong A
Quit Claim Deed
related
—
Apr 12, 2018
$310,000
No Family Trust
Ecp Properties INC
Warranty Deed
—
Jan 31, 2001
$350,000
E C P Properties INC
Adler,michael R
Grant Deed
$300,000 · Seller
—
—
Ecp Properties INC
—
Deed Of Trust
related
$210,000 · Michael S Pomerantz
—
—
Michael Moucheboeuf
—
Deed Of Trust
related
$216,250 · Sb & Associates LLC
—
—
Ecp Properties INC
—
Loan Modification
related
$105,000 · Thomas K Poulsen
—
—
Ecp Properties INC
—
Loan Modification
related
$210,000 · Michael S Pomerantz
—
—
Ecp Properties INC
—
Deed Of Trust
related
$100,000 · Patric R Mcpoland
—
—
Ecp Properties INC
—
Deed Of Trust
related
$100,000 · Rita Moucheboeuf
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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