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Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Office buildings
71 27th Ave Pompano Beach, FL 33062-4935
Individually Owned
Free & Clear
Property ID
US18-2455898
Property summary
AI-generated overview
This is a standalone professional office building located in the Harbor Village waterfront community of Pompano Beach, Florida. The property features renovations and a professionally designed interior with elegant materials. The floor plan is well-arranged, and ample parking is available. Its location provides convenient access to restaurants such as Houston's on the Intracoastal, La Veranda, Cafe Max, and Beach House. A private airport is also located nearby. The property is zoned TO-EOD and is suitable for accounting, advertising, engineering, investment, law, and medical practices. The lot size is 0.1377 acres.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Construction
CONCRETE
Total area
2,892 SF
Lot
0.14 ac (6,000 SF)
Zoning code
TO-EOD
APN
48-43-31-16-0040
UPID
US18-2455898
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
-
Lanny M Feldman Pa Law Firm
-
The Law Offices of Ken M. Frankel Law Firm
-
Frankel Injury Law Law Firm
-
The Law Office of Paul Goldstein Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.32M
Owner & transaction history
Kiprianos Armenakis & Efrosini Foto
Kiprianos Armenakis & Efrosini Foto
since 2026
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
TO-EOD · Pompano Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+84.5%
Commercial (general)
$2.1M
+81.6%
Neighborhood: shopping center
$1.9M
+64.2%
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 Pompano Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pompano 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%
$1,015,000
6.5%
$935,000
7%
$870,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,150,000
Current use
AUTO REPAIR, GARAGE
$2,125,000
Change: +85% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,090,000
Change: +82% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,890,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$1,015,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±10% · vs last sale $1.50M (Jan 22 2026)
Last sale anchor
$1.50M
Jan 22 2026
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
$455 / 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
$13,883
Tax year 2023
Assessed value
$591,420
Assessed 2023
Previous assessed
$566,890
+4.3% YoY
Effective rate
2.35%
On assessed value
Assessed land
$90,000
Assessed improvement
$501,420
Land market value
$90,000
Improvement market value
$501,420
Total market value
$591,420
Applied tax rate
1,511.0000
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
1965
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
2,892 SF
Lot
0.14 ac (6,000 SF)
Zoning code
TO-EOD
APN
48-43-31-16-0040
UPID
US18-2455898
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
TO-EOD · Pompano Beach, FL
Zoning TO-EOD · permitted uses
TO-EOD · Pompano Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pompano Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1965
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Kiprianos Armenakis & Efrosini Foto
Individual
Free & Clear · 0 yrs held
Mailing address
71 NE 27TH AVE, POMPANO BEACH, FL 33062-4935
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
$1,500,000
Kiprianos Armenakis & Efrosini Foto
First Street Property LLC
Warranty Deed
—
Jul 20, 2006
$350,000
First Street Property LLC
Bkpw
Warranty Deed
$350,000 · Great Florida Bank
—
—
First Street Property LLC
—
Deed Of Trust
related
$325,000 · Suntrust Bank NA
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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