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Property profile & analytics
OFF-MARKET
Estimated value
$9,730,000
Assisted living facilities
1101 54th St West Palm Beach, FL 33407-2419
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-9336359
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2018
Construction
WOOD
Total area
17,747 SF
Lot
4.89 ac (213,139 SF)
Zoning code
CSPD
APN
74-43-43-04-34-001-0000
UPID
US18-9336359
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
-
Beachside Rehab West Palm Beach Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.44M
Blend (final)
Blend
$9.73M
Owner & transaction history
S 5th St LLC · 5 yrs held
S 5th St LLC
since 2020
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
CSPD · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.6M
+113.1%
Apartment house (5+ units)
$10.6M
+65.9%
Medical building
$9.6M
+50.8%
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 West Palm Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Palm 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
by Request
ML approach
$12,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$6,370,000
Current use
RESTAURANT
$13,575,000
Change: +113% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,570,000
Change: +66% · Conversion: Difficult
MEDICAL BUILDING
$9,605,000
Change: +51% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,135,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,585,000
Change: +19% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,410,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$7,365,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$9.73M
Range $8.76M – $10.70M · ±10% · vs last sale $8.75M (Oct 27 2020)
Last sale anchor
$8.75M
Oct 27 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
$548 / 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
$144,549
Tax year 2023
Assessed value
$6,958,311
Assessed 2023
Previous assessed
$6,538,645
+6.4% YoY
Effective rate
2.08%
On assessed value
Assessed land
$3,261,152
Assessed improvement
$3,697,159
Land market value
$3,261,152
Improvement market value
$3,697,159
Total market value
$6,958,311
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2018
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Rooms
75
Bathrooms
122
Total area
17,747 SF
Lot
4.89 ac (213,139 SF)
Zoning code
CSPD
APN
74-43-43-04-34-001-0000
UPID
US18-9336359
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CSPD · West Palm Beach, FL
Zoning CSPD · permitted uses
CSPD · West Palm Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Palm Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$6.4M
RESTAURANT
Est. value
$13.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.6M
MEDICAL BUILDING
Est. value
$9.6M
AUTO REPAIR, GARAGE
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$7.6M
INDUSTRIAL (GENERAL)
Est. value
$7.4M
RETAIL STORES
Est. value
$7.4M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2018
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Rooms
75
Bathrooms
122
Lot
4.89 ac
Current owner
From public records · entity-resolved
S 5th St LLC
Entity
Mailing address
1101 54TH ST, WEST PALM BCH, FL 33407-2419
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
—
S 5th St LLC
—
Deed
related
$4,900,000 · United Community Bank
Oct 27, 2020
$8,750,000
S 5th St LLC
Novus Properties LLC
Warranty Deed
$4,422,350 · Vast Bank NA
Aug 16, 2016
$2,500,000
Novus Properties LLC
Origins Behavioral Healthcare/
Warranty Deed
$3,500,000 · Usameribank
Dec 22, 2014
$11,517,104
Origins Behavioral Healthcare
Hanley Center INC
Grant Deed
$40,310 · Whitehorse Finance INC
Feb 6, 2012
—
Hanley Center INC
Mtw Health Properties LLC
Correction Deed
related
—
Jan 5, 2012
$2,700,000
Hanley Center INC
Mtw Health Properties LLC
Warranty Deed
$1,700,000 · Richard J Caron Foundation
Apr 18, 2008
$2,200,000
Mtw Health Properties LLC
Hacienda Care-west Palm
Grant Deed
—
May 23, 2007
$9,380,989
Hacienda Care-west Palm
Dos Of Palm Beach Ltd
Grant Deed
—
Jul 1, 1997
$6,300,000
West Palm-cal Associates
Pvm Associates INC
Grant Deed
$4,500,000 · Ltc Properties INC
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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