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Property profile & analytics
OFF-MARKET
Warehouses
5451 24th St, Margate, FL 33063-7775
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9953106
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Construction
CONCRETE
Total area
1,480 SF
Lot
0.03 ac (1,211 SF)
Zoning code
M-1A
APN
48-42-30-32-0010
UPID
US18-9953106
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dream Tech Copiers Co · 4 yrs held
Dream Tech Copiers Co
since 2021
Last sale
$340,000
7 recorded transactions
Zoning & alternative use
M-1A · Margate, 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 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
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
Assessed value
$327,170
Assessed 2023
Previous assessed
$305,340
+7.1% YoY
Assessed land
$30,280
Assessed improvement
$296,890
Land market value
$30,280
Improvement market value
$296,890
Total market value
$327,170
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
1,480 SF
Lot
0.03 ac (1,211 SF)
Zoning code
M-1A
APN
48-42-30-32-0010
UPID
US18-9953106
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
M-1A · Margate, FL
Zoning M-1A · permitted uses
M-1A · 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.
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Dream Tech Copiers Co
Entity
Mailing address
3464 NW 47TH AVE, COCONUT CREEK, FL 33063-1817
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2021
$340,000
Dream Tech Copiers Co
Ponnis International LLC
Warranty Deed
$240,000 · Ponnis International LLC
Dec 28, 2017
—
Ponnis International LLC
Israel,dario
Quit Claim Deed
related
—
Jul 17, 2015
—
5453-5 Nw 24 St LLC
Hugins M R & K C Trust
Warranty Deed
related
—
Jun 11, 2013
—
Dario Israel
Israel,daniella
Quit Claim Deed
related
—
May 20, 2013
—
Dario Israel
Israel,daniella
Quit Claim Deed
related
—
Apr 19, 2013
—
Dario Israel
Israel,daniella
Quit Claim Deed
related
—
Jul 3, 2012
$110,000
Daniella Israel
Liang,ming-che
Warranty Deed
—
Oct 18, 2004
$183,000
Ming-che Liang
Summer Rain Coml Park LLC
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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