OFF-MARKET
High-rise multifamily apartments
Entity Owned
3-yr Hold
Free & Clear
Entity Owned Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2018
Construction
CONCRETE
Total area
338,599 SF
Lot
4.52 ac (196,765 SF)
Zoning code
MU-C
APN
08-43-45-28-03-007-0010
UPID
US18-1784383
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company General Contractor
-
Fortune Telling Services Psychic
-
Art Gallery Art Studio
-
Consultant
-
Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$80.12M
Comparable Approach
Comparable
$129.83M
Blend (final)
Blend
$109.96M
Owner & transaction history
since 2022
Last sale
$105.0M
7 recorded transactions
Zoning & alternative use
MU-C · Boynton Beach, FL
Zoning description
ixed use zoning district" are used, they are construed to include any or all of the following zoning districts: SMU suburban mixed use; MU-1 Mixed Use - 1; MU-2 Mixed Use - 2; MU-3 Mixed Use - 3; MU-4 Mixed Use - 4; and…
General category
MIXED_USE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$109.96M
Value range
$98.96M – $120.95M
±10% around blend
Estimated value / SF
$325 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$98.96M
blend $109.96M
$120.95M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
338,599 SF
Lot area
4.52 ac
Year built
2018
Stories
6
APN
08-43-45-28-03-007-0010
Assessed value
$71,140,202
Annual tax
$1,532,030
3
Income approach: direct capitalization
Partial preview
Income approach indication
$80.12M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$86.79M
@ 6.5% CAP return
$80.12M
@ 7% CAP return
$74.39M
4
Sales comparison
Partial preview
Sales approach indication
$129.83M
Range $129.83M – $366.92M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$109.96M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 47 sales
$686
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $325/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
4.00%
Implied, in-place cap rate for this high-rise multifamily apartments
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.00%
9.0%
NOI (est.)
$7.35M *
Last sale · Jun 2021
$105.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$183.75M
Move the market yield to see immediate price impact.
Value / SF
$543
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.50%4.00%4.50%
$6.62M
$189.00M
$165.38M
$147.00M
$7.35M
$210.00M
$183.75M
$163.33M
$8.09M
$231.00M
$202.13M
$179.67M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,532,030
Tax year 2023
Assessed value
$71,140,202
Assessed 2023
Previous assessed
$68,494,109
+3.9% YoY
Effective rate
2.15%
On assessed value
Assessed land
$13,128,500
Assessed improvement
$58,011,702
Land market value
$13,128,500
Improvement market value
$58,011,702
Total market value
$71,140,202
Applied tax rate
8,987.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2018
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
6
Units
341
Total area
338,599 SF
Lot
4.52 ac (196,765 SF)
Zoning code
MU-C
APN
08-43-45-28-03-007-0010
UPID
US18-1784383
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
MU-C · Boynton Beach, FLZoning MU-C · permitted uses
MU-C · Boynton Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
ixed use zoning district" are used, they are construed to include any or all of the following zoning districts: SMU suburban mixed use; MU-1 Mixed Use - 1; MU-2 Mixed Use - 2; MU-3 Mixed Use - 3; MU-4 Mixed Use - 4; and…
General category
MIXED_USE
Building & site characteristics
From public records
Year built
2018
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Buildings
3
Units
341
Lot
4.52 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MU-C
MIXED_USE
Jurisdiction
Boynton Beach, FL
Recorded code
MU-C
Official district
MU-C
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MU-C in Boynton Beach, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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