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Financial
Distress signals
Property profile

11700 SE Shell Ave Hobe Sound, FL 33455

FOR SALE
Commercial land
Property ID
US18-7416841
41,580 SF 2.9 ac lot
Last sale May 2021 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This stunning, brand-new Class A office building in Hobe Sound, Florida, offers 11,200 square feet of versatile space, perfect for a discerning business owner or investor. Built in 2024, this single-unit property boasts multiple private offices, collaborative workspaces, an elegant waiting area, and a state-of-the-art conference room. Expansive windows flood the second floor with natural light, creating a productive and comfortable atmosphere. The property includes a fully equipped kitchen,…

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$25k
Tax billed · 2023
Assessed value$1.49M
Assessed land$1.49M
Effective rate1.67%

Value estimate

· Oct 2026
$2.91M
$2.62M – $3.20M
AI approach$3.44M
NOI build-up
Gross scheduled income$242k
Vacancy & credit loss−$53k
Operating expenses−$47k
NOI · 3.54% cap applied$142k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$265/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$12 – $416
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3.54%
$142k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMARTIN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.6
Parking Facility10.9
Electrical Service10.3

Location

11700 SE Shell Ave Hobe Sound, FL 33455
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog · not on file

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Federal, Hobe Sound, FL 33455 $625,000 Aug 2023 40,090 SF
11690 Old Dixie, Hobe Sound, FL 33455 $213,400 Jun 2023 18,900 SF
Federal, Hobe Sound, FL 33455 $159,000 Aug 2022 30,000 SF
Federal, Hobe Sound, FL 33455 $150,000 Sep 2021 66,066 SF
Hillside, Hobe Sound, FL 33455 $675,000 Jan 2021 40,574 SF
Federal, Hobe Sound, FL 33455 $200,000 Aug 2020 28,000 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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