111 4th St Delray Beach, FL 33444-3524
Entity Owned
2-yr Hold
Estimated value (blended)
$570k
Range $513k – $627k (±10%)
Implied cap rate
4.40%
In-place · NOI ÷ last sale
Property ID
US19-0632107
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1950
Construction
CONCRETE
Total area
1,596 SF
Lot
1.17 ac (51,022 SF)
Zoning code
R-1-A
APN
12-43-46-16-01-056-0010
UPID
US19-0632107
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
-
Accounting Firm Tax Preparation
-
Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
$410k
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$570k
Owner & transaction history
since 2024
6 recorded transactions
Zoning & alternative use
R-1-A · Delray Beach, FL
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…
General category
RESIDENTIAL
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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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$570k
Value range
$513k – $627k
±10% around blend
Estimated value / SF
$357 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$513k
blend $570k
$627k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,596 SF
Lot area
1.17 ac
Year built
1950
Stories
1
APN
12-43-46-16-01-056-0010
Assessed value
$1,955,238
Annual tax
$36,273
3
Income approach: direct capitalization
Partial preview
Income approach indication
$410k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$445k
@ 6.5% CAP return
$410k
@ 7% CAP return
$380k
4
Sales comparison
Partial preview
Sales approach indication
$688k
Range $33k – $688k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$570k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 47 sales
$686
-48%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $357/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.
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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
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Overview
Implied cap rate
4.40%
Implied, in-place cap rate for this residential income homes
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 · 4.40%
9.0%
NOI (est.)
$137k *
* 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$3.11M
Move the market yield to see immediate price impact.
Value / SF
$1,949
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
3.90%4.40%4.90%
$123k
$3.16M
$2.80M
$2.51M
$137k
$3.51M
$3.11M
$2.79M
$151k
$3.86M
$3.42M
$3.07M
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
$36,273
Tax year 2023
Assessed value
$1,955,238
Assessed 2023
Previous assessed
$1,955,238
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$849,600
Assessed improvement
$1,105,638
Land market value
$849,600
Improvement market value
$1,105,638
Total market value
$1,955,238
Applied tax rate
12,987.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
2
Bathrooms
2
Total area
1,596 SF
Lot
1.17 ac (51,022 SF)
Zoning code
R-1-A
APN
12-43-46-16-01-056-0010
UPID
US19-0632107
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
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…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Bathrooms
2
Lot
1.17 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
R-1-A
RESIDENTIAL
Jurisdiction
Delray Beach, FL
Recorded code
R-1-A
Official district
R-1-A
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1-A in Delray Beach, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
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.
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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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