Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 John F Kennedy Dr Atlantis, FL 33462-1119

    • Medical offices
    • 6,718 SF
    • 0.53 lot acres
    OFF-MARKET
    Last Sale
    Feb 22, 2023
    $2,500,000
    Value Estimations
    $2,360,000
    Show details
    Cap Rate Potential
    4%
    Medical offices
    Location Intelligence
    Property ID
    US18-2720749
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 101 John F Kennedy Dr

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    0.53 lot acres
    Property size
    6,718 SF
    Zone code
    HD
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    02-43-44-31-09-000-0054
    APU
    2434431090000054

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,230,000
      ML approach
      $2,205,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,267,000
      Market price range: $1.79M - $4.11M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,650,000
      Current use
      RESTAURANT
      $3,890,000
      Change: +47% Conversion: Difficult
      OFFICE BUILDING
      $2,960,000
      Change: +12% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,765,000
      Change: +4% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,445,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Atlantis
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0902
    Latitude
    26.6004
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $46,865
    $741,600
    $1,530,297
    $2,271,897
    -
    $741,600
    $1,530,297
    $2,271,897

    Comparable in this City

    • Value Estimation
      $1,010,000
      6,419 SF

      7031 Washington Ave

      MEDICAL BUILDING • 6,419 SF
      7031 Washington Ave, Lantana, FL 33462-5201
      View Details
    • Value Estimation
      $1,520,000
      9,043 SF

      5507 Congress Ave Ste, Unit 110

      MEDICAL BUILDING • 9,043 SF
      5507 Congress Ave Ste, Atlantis, FL 33462-1139
      View Details
    • Value Estimation by Request
      2,760 SF

      115 John F Kennedy Dr

      MEDICAL BUILDING • 2,760 SF
      115 John F Kennedy Dr, Atlantis, FL 33462-1152
      View Details
    • Value Estimation
      $6,895,000
      35,154 SF

      5401 Congress Ave Ste, Unit 102

      MEDICAL BUILDING • 35,154 SF
      5401 Congress Ave Ste, Atlantis, FL 33462-6636
      View Details
    • Value Estimation
      $795,000
      1,622 SF

      161 John F Kennedy Dr

      MEDICAL BUILDING • 1,622 SF
      161 John F Kennedy Dr, Atlantis, FL 33462-1119
      View Details
    • Value Estimation
      $1,405,000
      9,078 SF

      1280 Lantana Rd Ste, Unit 1

      MEDICAL BUILDING • 9,078 SF
      1280 Lantana Rd Ste, Lantana, FL 33462-1543
      View Details

    Similar Nearby for Sale

    • $9,900,000

      Turnkey Rehabilitation Treatment Healthcare Campus

      Fully approved, multi-use rehabilitation campus with seller financing option.
      7051 Seacrest Blvd, Lake Worth, FL 33462
      View Details
    • $100,000

      Lantana, FL Executive Office Suite

      Established Business, E-2 Visa Ready
      934 Dixie, Lantana, FL 33462
      View Details
    • Contact for pricing

      Lantana Road Professional Office Suite

      Prime Lantana office space, sublease available.
      602 Lantana Rd, Lantana, FL 33462
      View Details
    • $500,000

      Lantana Beach Waxing Franchise Opportunity

      Two thriving waxing studios, master franchise included.
      Ocean Ave Ave, Lantana, FL 33462
      View Details
    • $4,500,000
      3.54 Acres

      Mango Farm Future Commercial Potential

      3.54 acre property zoned for future commercial use.
      1908 Hypoluxo Rd, Lake Worth, FL 33462
      View Details
    • $950,000

      Profitable Florida Real Estate Brokerage

      Established Florida real estate brokerage with global reach for sale.
      934 S Dixie Hwy, Lake Worth, FL 33462
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      9,039 SF

      Atlantis Medical Office Space For Lease

      9,039 SF Medical Office Building in West Palm Beach
      5511 Congress Ave, Atlantis, FL 33462
      View Details
    • Contact for pricing
      29,621 SF

      Lantana Medical Retail Opportunity

      Prime 1-acre medical retail outparcel.
      7065 Seacrest Blvd, Lantana, FL 33462
      View Details
    • $32 SF/Yr

      Professional Office Space Available

      Well-maintained office building with recent upgrades and ample parking.
      1111 Hypoluxo Rd, Lake Worth, FL 33462
      View Details
    • $30 SF/Yr
      1,172 SF

      Lantana Office Space Available

      Office space available for lease in Lantana, Florida.
      1280 W Lantana Rd, Lantana, FL 33462
      View Details
    • $6,000 /Mo

      Two-Story Commercial Building with Parking

      Unique commercial property suitable for retail, office, or contractor operations.
      112 Mayfield Rd, Lantana, FL 33462
      View Details
    • $1.00 SF/Yr

      Lantana Office Space For Rent

      Office space available for rent in Lantana, Florida.
      1177 Hypoluxo Rd, Lake Worth, FL 33462
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 John F Kennedy Dr
    Atlantis, FL 33462-1119
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.