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Property profile & analytics
OFF-MARKET
Estimated value
$19,590,000
Office buildings
915 Middle Riv Dr Fort Lauderdale, FL 33304-3544
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3110361
Property summary
AI-generated overview
This stunning six-story, 70,000 square foot Class B office building, constructed in 2022, offers immediate occupancy in a prime Broward County location. Currently, 1,730 square feet of executive office space is available for lease. The building boasts a variety of suite sizes, ranging from 400 to 4,000 square feet, catering to diverse business needs. Enjoy the convenience of plentiful free parking, 24-hour access with a monitored alarm system, and an on-site cafe for your convenience. The building's waterfront location provides a desirable and prestigious address. Its strategic placement offers easy access to a wealth of amenities, including the Galleria Mall, a variety of restaurants, retail shops, hotels, and financial services, all within walking distance. The lease rate is $17.50 NNN, with operating expenses at $13.95. This exceptional property presents a unique opportunity for businesses seeking a modern, well-equipped, and conveniently located office space in a thriving area. Don't miss this chance to establish your business in this vibrant and accessible location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1957
Construction
CONCRETE
Total area
52,844 SF
Lot
0.87 ac (38,078 SF)
Zoning code
RMH-60
APN
50-42-01-32-0060
UPID
US18-3110361
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
-
Zimmerman Matthew MD Physician Medical Clinic
-
The Law Office of Marshall Geisser Law Firm
-
Face The Music Foundation Association / Organization
-
Daniel Maier PA Law Firm
-
Law Office of David Seif Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.91M
Comparable Approach
Comparable
$19.83M
Blend (final)
Blend
$19.59M
Owner & transaction history
Consolidated Sunrise LLC · 7 yrs held
Consolidated Sunrise LLC
since 2019
6 recorded transactions
Zoning & alternative use
RMH-60 · Fort Lauderdale, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,990,000
6.5%
$24,910,000
7%
$23,135,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$32,320,000
Current use
RETAIL STORES
$29,885,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$19.59M
Range $17.63M – $21.55M · ±10%
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
$371 / 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
$159,007
Tax year 2023
Assessed value
$6,790,810
Assessed 2023
Previous assessed
$6,282,790
+8.1% YoY
Effective rate
2.34%
On assessed value
Assessed land
$1,145,010
Assessed improvement
$5,645,800
Land market value
$1,145,010
Improvement market value
$5,645,800
Total market value
$6,790,810
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
6
Total area
52,844 SF
Lot
0.87 ac (38,078 SF)
Zoning code
RMH-60
APN
50-42-01-32-0060
UPID
US18-3110361
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RMH-60 · Fort Lauderdale, FL
Zoning RMH-60 · permitted uses
RMH-60 · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$32.3M
RETAIL STORES
Est. value
$29.9M
OFFICE BUILDING Current
RETAIL STORES
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
1957
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Lot
0.87 ac
Current owner
From public records · entity-resolved
Consolidated Sunrise LLC
Entity
Mailing address
16701 COLLINS AVE, SUNNY ISLES BEACH, FL 33160-4201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
May 28, 2020
—
Land Trust No 2002-gal
—
Deed
related
$9,750,000 · Valley Nat'l Bk
Apr 4, 2019
—
Middle River Land Holdings LLC
—
Deed Of Trust
related
$9,750,000 · Valley Nat'l Bk
Apr 4, 2019
$10,750,000
Consolidated Sunrise LLC
National Retail Properties LP
Grant Deed
$5,250,000 · Valley Nat'l Bk
Apr 8, 2014
—
Middle River Land Holdings LLC
Jm Associates Lllp
Quit Claim Deed
related
—
Apr 8, 2014
$1,450,000
Middle River Land Holdings LLC
Jm Associates Lllp
Grant Deed
—
—
—
Land Trust No 2002-gal
—
Loan Modification
related
$9,750,000 · Valley Nat'l Bk
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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