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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
57 3rd Avea, Deerfield Beach, FL 33441-3526
Entity Owned
2-yr Hold
Free & Clear
Property ID
US19-0291246
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
CONCRETE
Total area
850 SF
Lot
0.02 ac (953 SF)
Zoning code
LAC
APN
48-43-06-AF-0010
UPID
US19-0291246
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
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$670k
Owner & transaction history
Corkys Ne 3rd Avenue LLC · 2 yrs held
Corkys Ne 3rd Avenue LLC
since 2023
Last sale
$680,000
7 recorded transactions
Zoning & alternative use
LAC · Deerfield Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$625,000
+62.5%
Neighborhood: shopping center
$555,000
+44.6%
Commercial (general)
$450,000
+16.5%
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 Deerfield Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deerfield Beach 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
$685,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$625,000
Change: +62% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$555,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$450,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $680k (Aug 14 2023)
Last sale anchor
$680k
Aug 14 2023
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
$788 / 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
$5,007
Tax year 2023
Assessed value
$246,180
Assessed 2023
Previous assessed
$223,230
+10.3% YoY
Effective rate
2.03%
On assessed value
Assessed land
$24,620
Assessed improvement
$221,560
Land market value
$24,620
Improvement market value
$221,560
Total market value
$246,180
Applied tax rate
1,111.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
NONE
Total area
850 SF
Lot
0.02 ac (953 SF)
Zoning code
LAC
APN
48-43-06-AF-0010
UPID
US19-0291246
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
LAC · Deerfield Beach, FL
Zoning LAC · permitted uses
LAC · Deerfield Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deerfield Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$450,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1985
Construction
CONCRETE
Heating
NONE
Lot
0.02 ac
Current owner
From public records · entity-resolved
Corkys Ne 3rd Avenue LLC
Entity
Free & Clear · 2 yrs held
Mailing address
48 E ROYAL PALM RD, BOCA RATON, FL 33432-4823
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2023
—
Corkys Ne 3rd Avenue LLC
Corkys Warehouse LLC
Intrafamily Transfer
related
—
May 11, 2017
$680,000
Corkys Warehouse LLC
Colangelo,anthony
Warranty Deed
—
Apr 4, 2013
$68,000
Anthony Colangelo
Regent Bank Project Finance In
Grant Deed
—
Mar 16, 2012
—
Regent Bk Project Finance INC
Regent Bk
Quit Claim Deed
—
Mar 8, 2012
$1,100
Regent Bk
Lemasurier,rose A Coc
Trustees Deed
related
—
Mar 27, 2007
—
Ral Deerfield LLC
Lemasurier,rose A
Quit Claim Deed
related
—
Jan 9, 2006
—
Rose A Lemasurier
Cmbl LLC
Grant Deed
—
Dec 9, 2005
$875,000
Rose A Lemasurier
Cmbl LLC
Warranty Deed
$375,000 · Ocean 80
Mar 21, 2005
$950,000
Cmbl LLC
Bendinger,joseph J & Joan P
Warranty Deed
$712,500 · Joseph J & Joan P Bendinger
—
—
Rose A Lemasurier
—
Deed Of Trust
related
$425,000 · Regent Bank
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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