Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    5651 77th Ct Coconut Creek, FL 33073-3507
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5651 77th Ct Coconut Creek, FL 33073-3507

    View on Map
    • Office buildings
    • 2,946 SF
    • 0.13 lot acres
    Off-Market
    Property ID
    US18-3915028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $875,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 5651 77th Ct

    Year built
    1978
    Construction
    CONCRETE
    Lot size
    0.13 lot acres
    Property size
    2,946 SF
    Zone code
    B-2
    Property type
    Office buildings
    APN
    47-42-31-02-0041
    APU
    474231020041

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,035,000
      6.5%
      $955,000
      7%
      $885,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $937,000
      Market price range: $937k - $1.43M
      AI Estimate
      $739,000
      Market price range: $740k - $1.28M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,185,000
      Current use
      MEDICAL BUILDING
      $1,035,000
      Change: -13% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coconut Creek
    County
    Broward
    State
    Florida
    Longitude
    -80.2023
    Latitude
    26.3273
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,140
    $38,400
    $333,410
    $371,810
    -
    $38,400
    $333,410
    $371,810

    Comparable in this City

    • Value Estimation
      $4,410,000
      11,571 SF

      6991 State Rd 7th 7

      OFFICE BUILDING (MULTI-STORY) • 11,571 SF
      6991 State Rd 7th 7, Coconut Creek, FL 33073-4327
      View Details
    • Value Estimation by Request
      942 SF

      5300 Hillsboro Blvd Ste 213a

      PROFESSIONAL BUILDING • 942 SF
      5300 Hillsboro Blvd Ste 213a, Coconut Creek, FL 33073-4397
      View Details
    • Value Estimation
      $3,000,000
      11,485 SF

      6119 Lyons Rd

      OFFICE BUILDING (MULTI-STORY) • 11,485 SF
      6119 Lyons Rd, Coconut Creek, FL 33073-4740
      View Details
    • Value Estimation by Request
      1,399 SF

      5489 Wiles Rd Ste, Unit 304

      OFFICE BUILDING • 1,399 SF
      5489 Wiles Rd Ste, Coconut Creek, FL 33073-4220
      View Details
    • Value Estimation by Request
      1,399 SF

      5485 Wiles Rd Ste, Unit 403

      OFFICE BUILDING • 1,399 SF
      5485 Wiles Rd Ste, Coconut Creek, FL 33073-4221
      View Details
    • Value Estimation by Request
      1,580 SF

      5481 Wiles Rd Ste, Unit 503

      OFFICE BUILDING • 1,580 SF
      5481 Wiles Rd Ste, Coconut Creek, FL 33073-4260
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,866 SF

      Furnished Office Building For Sale

      Class 'A' office building in Coconut Creek, move-in ready.
      6115 Lyons Rd, Coconut Creek, FL 33073
      View Details
    • $3,849,000
      9,866 SF

      9,866 SF Office Building For Sale

      9,866 SF Office Building For Sale
      6115 Lyons Road, Coconut Creek, FL 33073
      View Details
    • $3,350,000

      Furnished Class A Office Building

      Fully furnished Class A office building in Coconut Creek, Florida.
      6115 Lyons Rd, Coconut Creek, FL 33073
      View Details
    • Contact for pricing
      11,268 SF

      Office Showroom Warehouse on Acre

      Freestanding 11,268 SF office/showroom/warehouse on 1.0166 acres.
      3860 N Powerline Rd, Deerfield Beach, FL 33073
      View Details
    • Contact for pricing
      1,327 SF

      Professional Office Space For Sale

      1,327 sq ft office space in Coconut Creek, FL.
      5300 W Hillsboro Blvd, Coconut Creek, FL 33073
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      16,438 SF

      Upscale Office Space in Coconut Creek

      Class A office space above upscale shopping and dining center.
      4443 Lyons Rd, Coconut Creek, FL 33073
      View Details
    • Contact for pricing

      Class A Office Building

      Three-story office building with upscale restaurant courtyard and ample parking.
      4443 Lyons Rd, Coconut Creek, FL 33073
      View Details
    • $0.72 SF/Yr
      69,909 SF

      Coconut Creek Office Space For Lease

      Prime Office, 69,909 SF, High Visibility
      4400 Sample Rd, Coconut Creek, FL 33073
      View Details
    • $7 SF/Yr
      69,909 SF

      Coconut Creek Office Space For Lease

      69,909 SF Office, Prime Location
      4400 Sample Rd, Coconut Creek, FL 33073
      View Details
    • Contact for pricing
      49,042 SF

      Renovated Flex Space in Coconut Creek

      Modern, versatile flex space with highway access and ample parking.
      4801 Johnson Rd, Coconut Creek, FL 33073
      View Details
    • Contact for pricing
      9,626 SF

      Pompano Beach Flex/Office Space

      Sublease opportunity: versatile flex/office space, media production studio.
      3850 N Powerline Rd, Pompano Beach, FL 33073
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5651 77th Ct
    Coconut Creek, FL 33073-3507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!