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Property profile & analytics
OFF-MARKET
Estimated value
$7,440,000
Assisted living facilities
8500 Royal Palm Blvd Coral Springs, FL 33065-5715
Trust Owned
13-yr Hold
Free & Clear
Property ID
US18-1440906
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1984
Construction
CONCRETE
Total area
325,378 SF
Lot
7.64 ac (332,682 SF)
Zoning code
RM-20
APN
48-41-22-12-0010
UPID
US18-1440906
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
$7.44M
Owner & transaction history
Snh Of Lta Properties Trust · 13 yrs held
Snh Of Lta Properties Trust
since 2012
2 recorded transactions
Zoning & alternative use
RM-20 · Coral Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide a medium density residential (RM-20) district with a suitable social and physical living environment acceptable to, but not specifically designed for, families or households with children. Parcels so designated shall be located within reasonable proximity to arterial or collector streets and are generally located adjacent or near to neighborhood o…
Zone name
Medium Density Multiple Family
General category
COMMERCIAL
Zone area
1,483.52 ac
Source
Realmo
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 Coral Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coral Springs 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
$23 / 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
$653,472
Tax year 2023
Assessed value
$23,214,460
Assessed 2023
Previous assessed
$22,921,620
+1.3% YoY
Effective rate
2.81%
On assessed value
Assessed land
$2,994,140
Assessed improvement
$20,220,320
Land market value
$2,994,140
Improvement market value
$20,220,320
Total market value
$23,214,460
Applied tax rate
2,812.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
7
Total area
325,378 SF
Lot
7.64 ac (332,682 SF)
Zoning code
RM-20
APN
48-41-22-12-0010
UPID
US18-1440906
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RM-20 · Coral Springs, FLZoning RM-20 · permitted uses
RM-20 · Coral Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide a medium density residential (RM-20) district with a suitable social and physical living environment acceptable to, but not specifically designed for, families or households with children. Parcels so designated shall be located within reasonable proximity to arterial or collector streets and are generally located adjacent or near to neighborhood or small community scale commercial shopping facilities or services, and separated from one family or two family development.
Zone name
Medium Density Multiple Family
General category
COMMERCIAL
Zone area
1,483.52 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
7
Lot
7.64 ac
Current owner
From public records · entity-resolved
Snh Of Lta Properties Trust
Trust
Free & Clear · 13 yrs held
Mailing address
1 INTERNATIONAL PL STE #1840, BOSTON, MA 02110-2621
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2012
—
Snh Of Lta Properties Trust
Snh Fm Financing LLC
Quit Claim Deed
—
Aug 11, 2009
—
Snh Fm Financing LLC
Ccfl Senior Living LLC
Special Warranty Deed
—
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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