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Property profile & analytics
OFF-MARKET
Estimated value
$4,805,000
Retail space
8900 Taft St 8940 Pembroke Pines, FL 33024-4674
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5511797
Property summary
AI-generated overview
This exceptional 1,000-square-foot office space is perfectly situated for businesses seeking a central location. The property is zoned B-2, offering flexibility for a variety of professional uses. The single-tenant occupancy ensures privacy and control, making it an ideal solution for companies needing dedicated space. The building boasts ample parking, a significant advantage in a busy urban area. Currently, the space is configured as two separate offices, providing immediate flexibility for different business needs. However, interested parties should inquire about alternative configurations to suit their specific requirements. The property's central location makes it easily accessible for clients and employees alike. This is a fantastic opportunity for businesses in fields such as insurance, accounting, or similar professional services. The property's APN is 514108150010. Serious inquiries are encouraged to discuss the available options and explore the potential of this well-located office space. Don't miss this chance to secure a prime location for your business. Contact us today to schedule a viewing and discuss your needs.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
CONCRETE
Total area
22,167 SF
Lot
2.52 ac (109,645 SF)
Zoning code
(B-2)
APN
51-41-08-15-0010
UPID
US18-5511797
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
$4.96M
CAP Approach
CAP
$5.57M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.81M
Owner & transaction history
Taft South LLC · 4 yrs held
Taft South LLC
since 2021
Last sale
$4.4M
1 recorded transaction
Zoning & alternative use
(B-2) · Pembroke Pines, 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 Pembroke Pines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pembroke Pines 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
$4,805,000
ML approach
$4,955,000
CAP Approach
CAP Return
Estimation
6%
$6,030,000
6.5%
$5,565,000
7%
$5,165,000
Blend value · Realmo final
$4.81M
Range $4.32M – $5.29M · ±10% · vs last sale $4.35M (Dec 28 2021)
Last sale anchor
$4.35M
Dec 28 2021
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
$217 / 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
$76,498
Tax year 2023
Assessed value
$3,313,910
Assessed 2023
Previous assessed
$3,305,150
+0.3% YoY
Effective rate
2.31%
On assessed value
Assessed land
$1,014,220
Assessed improvement
$2,299,690
Land market value
$1,014,220
Improvement market value
$2,299,690
Total market value
$3,313,910
Applied tax rate
2,613.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
22,167 SF
Lot
2.52 ac (109,645 SF)
Zoning code
(B-2)
APN
51-41-08-15-0010
UPID
US18-5511797
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
(B-2) · Pembroke Pines, FL
Zoning (B-2) · permitted uses
(B-2) · Pembroke Pines, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pembroke Pines. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.52 ac
Current owner
From public records · entity-resolved
Taft South LLC
Entity
Mailing address
8004 NW 154TH ST #243, MIAMI LAKES, FL 33016-5814
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$4,350,000
Taft South LLC
Lev Gur Properties INC
Warranty Deed
$2,000,000 · Popular 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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