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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Mobile home & RV parks
5551 Johnson Rd Coconut Creek, FL 33073-3628
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-4617918
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1972
Construction
CONCRETE
Total area
1,749 SF
Lot
6.94 ac (302,361 SF)
Zoning code
MH-1
APN
48-42-06-01-0410
UPID
US18-4617918
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
$2.20M
Owner & transaction history
Wareworld Park LLC · 13 yrs held
Wareworld Park LLC
since 2013
4 recorded transactions
Zoning & alternative use
MH-1 · Coconut Creek, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Mobile Home Park
General category
RESIDENTIAL
Zone area
157.79 ac
Source
Realmo
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 Coconut Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coconut Creek 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
$1,258 / 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
$57,324
Tax year 2023
Assessed value
$2,444,870
Assessed 2023
Previous assessed
$1,991,330
+22.8% YoY
Effective rate
2.34%
On assessed value
Assessed land
$2,116,530
Assessed improvement
$328,340
Land market value
$2,116,530
Improvement market value
$328,340
Total market value
$2,444,870
Applied tax rate
3,212.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
1,749 SF
Lot
6.94 ac (302,361 SF)
Zoning code
MH-1
APN
48-42-06-01-0410
UPID
US18-4617918
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MH-1 · Coconut Creek, FLZoning MH-1 · permitted uses
MH-1 · Coconut Creek, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Mobile Home Park
General category
RESIDENTIAL
Zone area
157.79 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
6.94 ac
Current owner
From public records · entity-resolved
Wareworld Park LLC
Entity
Free & Clear · 13 yrs held
Mailing address
4571 SW 149TH CT, MIAMI, FL 33185-4310
Ownership since
2013
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
Feb 14, 2013
—
Wareworld Park LLC
Wareworld LLC
Quit Claim Deed
—
Feb 13, 2012
$1,700,000
Wareworld LLC
Southern Homes Of Coconut Creek L
Warranty Deed
—
May 2, 2006
$4,250,000
Southern Hms Of Coconut Creek LLC
El Rancho Associates INC
Warranty Deed
—
Jan 8, 1999
$1,435,000
El Rancho Associates INC
El Rancho 7 LP
Grant Deed
related
$80,000 · Seller
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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