Technical
Financial
Distress signals
Property profile

123 Ocean Ave 101 Palm Beach Shores, FL 33404

OFF-MARKET
Hotels
Property ID
US18-5430047
35,178 SF 0.65 ac lot Built 1966
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1966
Construction STEEL FRAME
Total area 35,178 SF
Lot 0.65 ac (28,349 SF)
Zoning code D
APN 54-43-42-27-04-000-6160
UPID US18-5430047

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
  • Hotel & Motel

Location

123 Ocean Ave, Unit 101 Palm Beach Shores, FL 33404-5736
Palm Beach Shores metro Census 513 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.68M

Owner & transaction history

since 2021
Last sale
$13.0M
7 recorded transactions
2021
$8.1M
2020
$4.8M
2013
$4.0M
2012
$2.5M
2004
$8,200
2004
$11,900
2004
$10,000

Zoning & alternative use

D · Palm Beach Shores, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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