Realmo Analytics

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Property profile

525 Okeechobee Blvd West Palm Beach, FL 33401

OFF-MARKET
Office buildings
Property ID
US18-2837420
303,519 SF 1.25 ac lot Built 2008
Last sale Sep 2023 · $1,550,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A Class A office building located in the West Palm Beach Central Business District within the 72-acre City Place mixed-use project, providing 12,342 square feet of office space across floors 7 through 17.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3.13M
Tax billed · 2023
Assessed value$147.38M
Assessed land$40.89M
Assessed improvement$106.49M
Effective rate2.13%

Value estimate

· Nov 2026
$1.67M
$1.50M – $1.83M
AI approach$1.78M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$420/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$228 – $661

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CPD
The CityPlace DRI shall govern the CityPlace district (CPD), CityPlace is characterized as a mixed used district, with a primary emphasis...
General categoryPLANNED_DEVELOPMENT
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.9
Pet Grooming Service8.1
Watch Repair Shop7.9

Location

525 Okeechobee Blvd West Palm Beach, FL 33401-6349
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
250 Australian, West Palm Beach, FL 33401-5018 $45,000,000 May 2025 235,340 SF
205 Datura, West Palm Beach, FL 33401-5657 $45,675,500 May 2025 59,644 SF
400 Hibiscus, West Palm Beach, FL 33401-5822 $5,200,000 Apr 2025 11,934 SF
515 Flagler, West Palm Beach, FL 33401-4321 $98,000,000 Jan 2025 47,041 SF
1615 Clare, West Palm Beach, FL 33401-6913 $19,500,000 Jul 2024 9,901 SF
324 Datura, West Palm Beach, FL 33401-5414 $33,000,000 Jan 2024 68,811 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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