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    Property profile & analytics

    117 Moorings Dr, Unit 38 Lantana, FL 33462-8019

    • Investment properties
    • 593 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Last Sale
    Aug 22, 2024
    $395,000
    Location Intelligence
    Property ID
    US18-3004074
    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

    • Investment properties

    Property Details for 117 Moorings Dr

    Year built
    2005
    Construction
    CONCRETE BLOCKS
    Lot size
    1.00 lot acres
    Property size
    593 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    40-43-44-34-37-000-0380
    APU
    40434434370000380

    Description

    This exceptional 1,116 square foot restaurant is available for sale at $479,999. Located at 117 Moorings Dr in Lantana, Florida (zip code 33462), this property boasts a highly desirable location within the Moorings Condominium Complex. The space is currently built out as a café, offering a turnkey opportunity for a new owner. All existing equipment is included in the sale, saving significant time and expense on setup. The ground floor location ensures high visibility and benefits from substantial foot traffic, providing excellent potential for a thriving business. The property is categorized as retail, specifically a restaurant, and is situated in Palm Beach County. Its convenient location, existing build-out, and included equipment make this a truly unique and attractive investment opportunity in the vibrant Lantana market. The property's latitude and longitude coordinates are 26.5908279 and -80.051508 respectively.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lantana
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0517
    Latitude
    26.5912
    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
    $2,567
    $0.00
    $124,389
    $124,389
    -
    $0.00
    $124,389
    $124,389

    Comparable in this City

    • Value Estimation
      $1,155,000
      1.00 Acre

      826 Dixie Hwy, Unit 2

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      826 Dixie Hwy, Lantana, FL 33462-1803
      View Details
    • Value Estimation
      $370,000
      310 SF

      111 Moorings Dr, Unit 31

      OFFICE/RESIDENTIAL (MIXED USE) • 310 SF
      111 Moorings Dr, Lantana, FL 33462-8019
      View Details
    • Value Estimation by Request
      328 SF

      113 Moorings Dr, Unit 34

      OFFICE/RESIDENTIAL (MIXED USE) • 328 SF
      113 Moorings Dr, Lantana, FL 33462-8019
      View Details
    • Value Estimation
      $385,000
      462 SF

      117 Moorings Dr, Unit 39

      OFFICE/RESIDENTIAL (MIXED USE) • 462 SF
      117 Moorings Dr, Lantana, FL 33462-8019
      View Details
    • Value Estimation
      $185,000
      2.00 Acres

      121 Moorings Dr, Unit 40

      OFFICE/RESIDENTIAL (MIXED USE) • 2.00 Acres
      121 Moorings Dr, Lantana, FL 33462-8019
      View Details
    • Value Estimation
      $245,000
      558 SF

      115 Moorings Dr, Unit 37

      OFFICE/RESIDENTIAL (MIXED USE) • 558 SF
      115 Moorings Dr, Lantana, FL 33462-8019
      View Details

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    Lantana, FL 33462-8019
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    Realmo Value Estimation

    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.

    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.

    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
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