Financial
Distress signals
Property profile

1151 Watertower Rd Lake Park, FL 33403

OFF-MARKET
Showrooms
Property ID
US18-5074604
5,130 SF 0.34 ac lot Built 1968
Last sale Jun 2021 · $540,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$560k
Assessed land$213k
Assessed improvement$348k
Effective rate2.21%

Value estimate

· Sep 2026
$510k
$459k – $561k
AI approach$535k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$389/SF
Submarket average, outlier-cleaned · 370 recorded sales of this use type
Observed band · Q1–Q3$174 – $674
Qualifying comparables10

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?
C4
The purpose of the regulations in this district is to encourage the development or redevelopment of uses which are compatible with the us...
General categoryCOMMERCIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.6
Dental Office16.0
Parking Facility15.8

Location

1151 Watertower Rd Lake Park, FL 33403-2315
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
116 Miller Way, Lake Park, FL 33403-3036 $675,000 May 2023 5,250 SF
918 Park, Lake Park, FL 33403-2412 $960,000 Dec 2022 5,080 SF
936 Park, Lake Park, FL 33403-2404 $1,120,000 Nov 2022 6,110 SF
754 Park, Lake Park, FL 33403-2504 $1,746,842 Sep 2022 4,732 SF
1343 Killian, Lake Park, FL 33403-1918 $985,000 Dec 2021 4,500 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1151 Watertower Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message