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Property profile & analytics
OFF-MARKET
Estimated value
$10,200,000
Retail residential properties
608 6th St Fort Lauderdale, FL 33301-3418
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4229579
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1952
Construction
CONCRETE
Total area
6,361 SF
Lot
0.27 ac (11,886 SF)
Zoning code
CB
APN
50-42-11-10-0011
UPID
US18-4229579
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
Current use
Occupant on record · Public records
-
Live Beyond Well Physician
-
Nail and Body Retreat Alternative Medicine Practice Spa & Massage Center
-
Rio Vista Wellness Center Alternative Medicine Practice Spa & Massage Center
-
Graphic Palette Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Kunin Associates Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.20M
Owner & transaction history
614 S Federal Highway LLC · 1 yrs held
614 S Federal Highway LLC
since 2024
Last sale
$10.2M
6 recorded transactions
Zoning & alternative use
CB · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
istricts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB - Commercial Business CC - Commerce Center District CF - Community Facility CF-H - Community Facility/House of Worship CF-HS - Community…
Zone name
Commercial Business
General category
COMMERCIAL
Zone area
406.60 ac
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 Fort Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lauderdale 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
$10,200,000
ML approach
$10,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,215,000
Current use
Blend value · Realmo final
$10.20M
Range $9.18M – $11.22M · ±10% · vs last sale $10.20M (Aug 16 2024)
Last sale anchor
$10.20M
Aug 16 2024
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
$1,604 / 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
$24,756
Tax year 2023
Assessed value
$1,013,020
Assessed 2023
Previous assessed
$1,013,020
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$475,440
Assessed improvement
$537,580
Land market value
$475,440
Improvement market value
$537,580
Total market value
$1,013,020
Applied tax rate
312.0000
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
1952
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
6,361 SF
Lot
0.27 ac (11,886 SF)
Zoning code
CB
APN
50-42-11-10-0011
UPID
US18-4229579
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CB · Fort Lauderdale, FLZoning CB · permitted uses
CB · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
istricts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B-2 - General Business B-3 - County B-3 - Heavy Commercial/Light Industrial Business C-1 - County CB - Commercial Business CC - Commerce Center District CF - Community Facility CF-H - Community Facility/House of Worship CF-HS - Community Facility/House of Worship and School CF-S - Community Facility/ School CR - Commer
Zone name
Commercial Business
General category
COMMERCIAL
Zone area
406.60 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.2M
COMMERCIAL (GENERAL) Current
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
1952
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
614 S Federal Highway LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1650 SE 17TH ST STE #214, FORT LAUDERDALE, FL 33316-1735
Ownership since
2024
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
Aug 16, 2024
$10,200,000
614 S Federal Highway LLC
614 Sfh LLC
Special Warranty Deed
—
May 2, 2018
—
614 Sfh LLC
—
Grant Deed
related
$3,400,000 · Bank Of America
Apr 18, 2018
$4,525,000
614 Sfh LLC
Miller,thomas J
Grant Deed
—
Apr 18, 2018
—
Miller,thomas J Trust
Miller,thomas J
Quit Claim Deed
related
—
Oct 4, 2012
—
Miller,thomas J Tr
Amm Investments LP
Warranty Deed
—
—
—
Miller Thomas J Trust
—
Deed Of Trust
related
$1,300,000 · Cnl 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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