Realmo Analytics

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Financial
Distress signals
Property profile

324 Royal Palm Way Palm Beach, FL 33480

FOR LEASE
Office buildings
Property ID
US18-2617706
26,430 SF 0.92 ac lot Built 1960
Last sale Jun 2021 · $18,500,000
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.
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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?
$282k
Tax billed · 2023
Assessed value$17.91M
Assessed land$9.86M
Assessed improvement$8.05M
Effective rate1.57%

Value estimate

· Oct 2026
$21.87M
$19.68M – $24.06M
NOI build-up
Gross scheduled income$282k
Vacancy & credit loss−$64k
Operating expenses−$55k
NOI · 164,092.00% cap applied$164k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$397/SF
County average, outlier-cleaned · 950 recorded sales of this use type
Observed band · Q1–Q3$225 – $663

Cap rate analysis

How does the asset earn?
164,092.00%
$164k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
C-OPI
The purpose of the C-OPI office, professional and institutional district is to provide locations for administrative, professional busines...
General categoryCIVIC_INSTITUTIONAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.0
Convenience Store8.0
Daycare Center8.0

Location

324 Royal Palm Way Palm Beach, FL 33480
County assessor Recorded deeds · 6 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
95 County, Palm Beach, FL 33480-4029 $28,000,000 Sep 2024 13,932 SF
125 Worth, Palm Beach, FL 33480-4413 $83,000,000 Jul 2023 49,401 SF
350 Royal Palm, Palm Beach, FL 33480-4327 $20,246,100 Apr 2022 25,776 SF
340 Royal Palm, Palm Beach, FL 33480-4307 $12,711,900 Apr 2022 21,632 SF
223 Sunset, Palm Beach, FL 33480-3878 $23,000,000 Sep 2021 22,689 SF
450 Royal Palm, Palm Beach, FL 33480-4139 $17,000,000 Feb 2021 25,316 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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