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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Hospitals
603 Melaleuca Dr Margate, FL 33063-4590
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-8095531
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2004
Construction
CONCRETE
Total area
8,885 SF
Lot
1 ac (43,675 SF)
Zoning code
R-3
APN
48-41-36-02-0350
UPID
US18-8095531
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
$1.18M
Owner & transaction history
Mmj Financial Services INC · 8 yrs held
Mmj Financial Services INC
since 2018
7 recorded transactions
Zoning & alternative use
R-3 · 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
$133 / 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
$31,946
Tax year 2023
Assessed value
$1,172,110
Assessed 2023
Previous assessed
$1,172,110
+0.0% YoY
Effective rate
2.73%
On assessed value
Assessed land
$305,730
Assessed improvement
$866,380
Land market value
$305,730
Improvement market value
$866,380
Total market value
$1,172,110
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
8,885 SF
Lot
1 ac (43,675 SF)
Zoning code
R-3
APN
48-41-36-02-0350
UPID
US18-8095531
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R-3 · Margate, FL
Zoning R-3 · permitted uses
R-3 · 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
2004
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Mmj Financial Services INC
Entity
Mailing address
5379 LYONS RD #154, COCONUT CREEK, FL 33073-2810
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
—
Mmj Financial Services INC
—
Deed
related
$1,000,000 · Joseph Hertz LLC
Jul 13, 2020
—
Mmj Financial Services INC
—
Deed
related
$44,000 · Dalia Accounting Service INC
Jun 6, 2018
—
Mmj Financial Services INC
Mmj Financial Services INC
Quit Claim Deed
related
$1,550,000 · Asset Based Solution LLC
Aug 9, 2006
$219,000
Lady M Lamas Baez
Bhg Courtyards LLC
Warranty Deed
$175,200 · First Magnus Financial Corp
Jun 13, 2006
$219,000
Atilio Zambrano
Bhg Courtyards LLC
Condominium Deed
$175,200 · Argent Mortgage Company LLC
Mar 31, 2006
$200,000
Jusino,gary
Bhg Courtyards LLC
Grant Deed
$160,000 · Equity Fin
Feb 7, 2006
$219,900
Lall,delon V
Bhg Courtyards LLC
Grant Deed
$208,905 · Equity Fin
Jun 3, 2005
$1,489,000
Bhg Courtyards LLC
Davidoff Properties LLC
Warranty Deed
$1,352,000 · Commercial Bk/fl
Apr 17, 2003
$790,000
Davidoff Properties LLC
Leto Development Corp
Grant Deed
$474,000 · Union Planters Nat'l Bk
May 14, 2001
$100,000
Leto Development Corp
Saporiti,robert
Grant Deed
—
—
—
Bhg Courtyards LLC
—
Deed Of Trust
related
$793,996 · Premier American Bk
—
—
Jimenez,adelina
—
Deed Of Trust
related
$40,000 · Fremont Invs & Ln
—
—
Leto Development Corp
—
Deed Of Trust
related
$537,000 · Regent Bk
—
—
Mmj Financial Services INC
—
Deed Of Trust
related
$44,000 · Dalia Accounting Service INC
—
—
Bhg Courtyards LLC
—
Loan Modification
related
$51,000 · Commercial Bk/fl
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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