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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Retail residential properties
602-608 1st St Dania Beach, FL 33004
Individually Owned
21-yr Hold
Property ID
US18-4179740
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1958
Construction
CONCRETE
Total area
5,016 SF
Lot
0.25 ac (10,850 SF)
Zoning code
NBHD-MU
APN
50-42-34-01-2430
UPID
US18-4179740
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
$1.33M
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$1.05M
Owner & transaction history
Clyde Nanan · 21 yrs held
Clyde Nanan
since 2004
6 recorded transactions
Zoning & alternative use
NBHD-MU · Dania Beach, 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 Dania Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dania 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,440,000
6.5%
$1,330,000
7%
$1,235,000
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10%
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
$209 / 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
$16,438
Tax year 2023
Assessed value
$650,740
Assessed 2023
Previous assessed
$650,740
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$108,500
Assessed improvement
$542,240
Land market value
$108,500
Improvement market value
$542,240
Total market value
$650,740
Applied tax rate
413.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
5,016 SF
Lot
0.25 ac (10,850 SF)
Zoning code
NBHD-MU
APN
50-42-34-01-2430
UPID
US18-4179740
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
NBHD-MU · Dania Beach, FL
Zoning NBHD-MU · permitted uses
NBHD-MU · Dania Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dania Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Clyde Nanan
Individual
Mailing address
4848 SW 25TH AVE, FORT LAUDERDALE, FL 33312-5929
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
—
Clyde S Nanan
—
Deed
related
$850,000 · Lord Mortgage & Loan INC
Apr 27, 2018
—
Clyde S Nanan
—
Deed
related
$30,000 · Villager Investments INC
Aug 13, 2004
$250,000
Clyde Nanan
Mccoy,robert L & Mellonese
Warranty Deed
$175,000 · General Mortgage Associates In
—
—
Robert Mccoy
—
Deed Of Trust
related
$115,500 · Delta Funding
—
—
Dennis Morgan
—
Deed Of Trust
related
$30,000 · Bankatlantic Fsb
—
—
Clyde S Nanan
—
Deed Of Trust
related
$30,000 · Villager Investments INC
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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