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Property profile & analytics
OFF-MARKET
Estimated value
$68,325,000
Hotels
100 Palmetto Park Rd Boca Raton, FL 33432-4819
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8374543
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Construction
STEEL FRAME
Total area
160,189 SF
Lot
1.09 ac (47,385 SF)
Zoning code
DDRI
APN
06-43-47-29-52-003-0010
UPID
US18-8374543
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
-
solid gold Nightclub Music Venue
-
SemaConnect Charging Station Electric Vehicle Charging Station
-
Blink Charging Station Electric Vehicle Charging Station
-
Louie Bossi's Ristorante Bar Pizzeria Restaurant
-
Hyatt Place Boca Raton/Downtown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$89.29M
Blend (final)
Blend
$68.33M
Owner & transaction history
Dk Palmetto LLC · 9 yrs held
Dk Palmetto LLC
since 2017
2 recorded transactions
Zoning & alternative use
DDRI · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$110.6M
+64.8%
Apartment house (5+ units)
$109.8M
+63.6%
Auto repair, garage
$79.1M
+17.9%
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 Boca Raton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Raton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$67,110,000
Current use
RESTAURANT
$110,565,000
Change: +65% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$109,820,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$79,120,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$63,875,000
Change: -5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$63,285,000
Change: -6% · Conversion: Difficult
MEDICAL BUILDING
$63,135,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$68.33M
Range $61.49M – $75.16M · ±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
$427 / 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
$744,502
Tax year 2023
Assessed value
$42,624,722
Assessed 2023
Previous assessed
$38,000,000
+12.2% YoY
Effective rate
1.75%
On assessed value
Assessed land
$8,760,000
Assessed improvement
$33,864,722
Land market value
$8,760,000
Improvement market value
$33,864,722
Total market value
$42,624,722
Applied tax rate
6,154.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
15
Units
200
Total area
160,189 SF
Lot
1.09 ac (47,385 SF)
Zoning code
DDRI
APN
06-43-47-29-52-003-0010
UPID
US18-8374543
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
DDRI · Boca Raton, FL
Zoning DDRI · permitted uses
DDRI · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boca Raton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$67.1M
RESTAURANT
Est. value
$110.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$109.8M
AUTO REPAIR, GARAGE
Est. value
$79.1M
RETAIL STORES
Est. value
$63.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$63.3M
MEDICAL BUILDING
Est. value
$63.1M
HOTEL/MOTEL Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
2016
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
15
Units
200
Lot
1.09 ac
Current owner
From public records · entity-resolved
Dk Palmetto LLC
Entity
Mailing address
105 NE 1ST ST, DELRAY BEACH, FL 33444-3807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2017
—
Dk Palmetto LLC
—
Deed
related
$43,000,000 · Florida Cmnty Bk NA
—
—
Dk Palmetto LLC
—
Loan Modification
related
$43,000,000 · Florida Cmnty Bk NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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