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    Property profile & analytics

    8900 Taft St, Unit 8940 Pembroke Pines, FL 33024-4674

    • Retail space
    • 22,167 SF
    • 2.52 lot acres
    OFF-MARKET
    Value Estimation
    $4,770,000
    Last Sale
    Dec 28, 2021
    $4,350,000
    Location Intelligence
    Property ID
    US18-5511797
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 8900 Taft St

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    2.52 lot acres
    Property size
    22,167 SF
    Zone code
    (B-2)
    Property type
    Retail space
    APN
    51-41-08-15-0010
    APU
    514108150010

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,240,000
      6.5%
      $3,925,000
      7%
      $4,695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,915,000
      Geo Method
      $3,975,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,515,000
      Retail
      $3,870,000
      Mixed-Use
      $3,890,000
      Hospitality
      $4,700,000
      Educational
      $3,855,000
      Residential Income
      $4,255,000
      Energy
      $4,965,000
      Income-Based Land
      $3,965,000
      Food Service
      $4,635,000

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke Pines
    County
    Broward
    State
    Florida
    Longitude
    -80.2649
    Latitude
    26.0225
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $76,498
    $1,014,220
    $2,299,690
    $3,313,910
    -
    $1,014,220
    $2,299,690
    $3,313,910

    Comparable in this City

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      2750 University Dr, Unit 2790

      RETAIL STORES (PERSONAL SERVICES) • 7,679 SF
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    Pembroke Pines, FL 33024-4674
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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