Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Showrooms
1000 Lk Ida Rd Delray Beach, FL 33444-1744
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4433198
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1967
Construction
STEEL FRAME
Total area
8,760 SF
Lot
0.64 ac (27,674 SF)
Zoning code
R-1-A
APN
12-43-46-08-21-019-0010
UPID
US18-4433198
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
-
Yolo VIP Parties Boat Rental Service
-
Floating Docks Florida Construction Company General Contractor
-
Delray Glass & Mirror Co Hardware & Home Improvement Home Decor Store
-
Andrioff Construction Inc Construction Company General Contractor
-
Allstar Construction & Dev Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.08M
CAP Approach
CAP
$2.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.03M
Owner & transaction history
1000 Lake Ida Rd LLC · 4 yrs held
1000 Lake Ida Rd LLC
since 2022
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
R-1-A · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Single Family Residential Districts have been created to provide areas where the traditional single family detached residence can be established and maintained and be protected from the unwarranted intrusion of other inappropriate uses. Further, the Single Family Residential Districts are established in compliance with provisions of Goal HOU 2 of the Hou…
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
755.90 ac
Source
Realmo
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 Delray Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delray Beach 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
$2,025,000
ML approach
$2,075,000
CAP Approach
CAP Return
Estimation
6%
$2,520,000
6.5%
$2,325,000
7%
$2,160,000
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±10% · vs last sale $2.00M (Jan 31 2022)
Last sale anchor
$2.00M
Jan 31 2022
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
$231 / 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
$31,300
Tax year 2023
Assessed value
$1,528,391
Assessed 2023
Previous assessed
$713,805
+114.1% YoY
Effective rate
2.05%
On assessed value
Assessed land
$557,560
Assessed improvement
$970,831
Land market value
$557,560
Improvement market value
$970,831
Total market value
$1,528,391
Applied tax rate
12,987.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
8,760 SF
Lot
0.64 ac (27,674 SF)
Zoning code
R-1-A
APN
12-43-46-08-21-019-0010
UPID
US18-4433198
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
R-1-A · Delray Beach, FLZoning R-1-A · permitted uses
R-1-A · Delray Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Single Family Residential Districts have been created to provide areas where the traditional single family detached residence can be established and maintained and be protected from the unwarranted intrusion of other inappropriate uses. Further, the Single Family Residential Districts are established in compliance with provisions of Goal HOU 2 of the Housing Element of the adopted Comprehensive Plan which calls for the preservation and maintenance of stable neighborhoods
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
755.90 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
1000 Lake Ida Rd LLC
Entity
Mailing address
1000 LK IDA RD, DELRAY BEACH, FL 33444-1744
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2022
$2,000,000
1000 Lake Ida Rd LLC
Bennys Realty LLC
Warranty Deed
$1,600,000 · Seacoast National Bank
Dec 9, 2019
$1,095,000
Benny S Realty LLC
Richard J Meccariello
Deed
$876,000 · Centerstate Bank Of Florida NA
Jan 18, 2019
$75,000
Meccariello,richard J Trust
Meccariello J M 2006 Trust
Quit Claim Deed
related
—
Jul 17, 2018
—
Meccariello,judith 2006 Trust
Meccriello Judith M
Quit Claim Deed
related
—
Nov 15, 2017
—
Meccariello,richard J Trust
Meccariello,richard
Quit Claim Deed
related
—
—
—
Yolanda R Diandrea
—
Deed Of Trust
related
$300,000 · Palm Beach County Bank
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
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 1000 Lk Ida 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
