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Property profile & analytics
OFF-MARKET
Estimated value
$9,540,000
Office buildings
1021 45th St Mangonia Park, FL 33407-2415
Entity Owned
~
Est. High Equity
Property ID
US18-1421336
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1970
Construction
CONCRETE
Total area
37,876 SF
Lot
1.17 ac (50,835 SF)
Zoning code
CS
APN
74-43-43-04-15-000-0021
UPID
US18-1421336
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.19M
Blend (final)
Blend
$9.54M
Owner & transaction history
Breakers Palm Beach INC
Breakers Palm Beach INC
since 2026
Last sale
$9.5M
7 recorded transactions
Zoning & alternative use
CS · Mangonia Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$15.8M
+33.2%
Retail stores
$15.7M
+32.4%
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 Mangonia Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mangonia Park 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
OFFICE BUILDING
$11,870,000
Current use
INDUSTRIAL (GENERAL)
$15,810,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$15,715,000
Change: +32% · Conversion: Moderate
Blend value · Realmo final
$9.54M
Range $8.59M – $10.49M · ±10% · vs last sale $9.50M (Oct 16 2020)
Last sale anchor
$9.50M
Oct 16 2020
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
$252 / 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
$1,668
Tax year 2023
Assessed value
$1,480,131
Assessed 2023
Previous assessed
$1,480,131
+0.0% YoY
Effective rate
0.11%
On assessed value
Assessed land
$565,296
Assessed improvement
$914,835
Land market value
$565,296
Improvement market value
$914,835
Total market value
$1,480,131
Applied tax rate
74,407.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
37,876 SF
Lot
1.17 ac (50,835 SF)
Zoning code
CS
APN
74-43-43-04-15-000-0021
UPID
US18-1421336
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CS · Mangonia Park, FLZoning CS · permitted uses
CS · Mangonia Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.9M
INDUSTRIAL (GENERAL)
Est. value
$15.8M
RETAIL STORES
Est. value
$15.7M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1970
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
1.17 ac
Current owner
From public records · entity-resolved
Breakers Palm Beach INC
Entity
Mailing address
1041 45TH ST, MANGONIA PARK, FL 33407-2415
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
$11,575,000
Breakers Palm Beach INC
Ewb Vi LLC
Special Warranty Deed
—
Oct 27, 2020
—
Sunshine Holdings 2019 LLC
Sunview Medical Center LLC
Grant Deed
—
Oct 16, 2020
$9,500,000
Sunview Medical Center LLC
Jerome Golden Ctr For Behavior
Grant Deed
—
Apr 23, 2019
—
Jerome Golden Ctr For Behavior
—
Deed
related
$1,000,000 · Mercury Capital Funding LLC
—
—
Jerome Golden Ctr For Behavior
—
Deed Of Trust
related
$1,000,000 · Mercury Capital Funding LLC
—
—
Jerome Golden Ctr For Behavior
—
Deed Of Trust
related
$1,600,000 · Mercury Capital Funding LLC
—
—
Jerome Golden Center Of Behavoria
—
Deed Of Trust
related
$513,393 · Grand Bank & Trust Of Florida
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.
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